Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Banco Products (India)BOM:500039 -0.76%74 PB Ratio is 5.28 as of Jul. 29, 2026, which is 182% above its 10-year median of 1.87. GuruFocus rates BOM:500039 with a GF Score™ of 74/100 and a GF Value™ of ₹497.64 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,294 Vehicles & Parts companies, Banco Products (India) ranks worse than 90.65% on this metric.
The historical rank and industry rank for Banco Products (India)'s PB Ratio or its related term are showing as below:
BOM:500039'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.87 Max: 7.42
Current: 5.29
During the past 13 years, Banco Products (India)'s highest PB Ratio was 7.42. The lowest was 0.61. And the median was 1.87.
BOM:500039's PB Ratio is ranked worse than 90.65% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.38
vs BOM:500039: 5.29
During the past 12 months, Banco Products (India)'s average Book Value Per Share Growth Rate was 29.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Banco Products (India) was 46.70% per year. The lowest was -0.40% per year. And the median was 12.10% per year.
Back to Basics: PB Ratio
Banco Products (India) (BOM:500039) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, Banco Products (India)'s PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Banco Products (India) PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Banco Products (India)'s PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Banco Products (India) (BOM:500039) has a PB Ratio of 5.28 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Banco Products (India) and its competitors. This is 182% above median its historical median of 1.87. Over the past decade, Banco Products (India)'s PB Ratio has ranged from 0.61 to 7.42. According to the industry distribution chart, Banco Products (India) ranks #1173 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 90.6%.
Is Banco Products (India)'s PB Ratio too high?
Banco Products (India)'s current PB Ratio of 5.28 is 182% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 7.42. The Vehicles & Parts industry median PB Ratio is 1.38. Banco Products (India)'s value of 5.28 is 282.6% above this industry median. Based on the distribution chart, Banco Products (India) ranks #1173 out of 1294 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Banco Products (India) has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Products (India)'s PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Banco Products (India) ranks #1173 out of 1294 companies for PB Ratio. This places Banco Products (India) in the lower half of its industry. The industry median PB Ratio is 1.38. Banco Products (India)'s value of 5.28 is 282.6% above this benchmark. Historically, Banco Products (India)'s own PB Ratio has ranged from 0.61 to 7.42 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.38, Banco Products (India) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.38, based on 1,294 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Products (India)'s current PB Ratio of 5.28 is 282.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Banco Products (India) and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Products (India)'s current PB Ratio is 5.28, which is 182% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Products (India) stock overvalued right now?
Based on GuruFocus' analysis, Banco Products (India) (BOM:500039) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹497.64, compared to a current price of ₹622.10 — trading 25% above its estimated fair value. The current PB Ratio is 5.28, which is 182% above median its 10-year median of 1.87 and 282.6% above the Vehicles & Parts industry median of 1.38. Banco Products (India)'s overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Banco Products (India) (BOM:500039), the current PB Ratio is 5.28 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Banco Products (India) (BOM:500039) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Products (India) stock appears to be overvalued.
The current stock price of ₹622.10 is trading 25% above its estimated GF Value™ of ₹497.64.
GuruFocus considers Banco Products (India) to be Modestly Overvalued.
Key valuation signals for BOM:500039:
PB Ratio: 5.28 (182% above median its 10-year median of 1.87)
GF Value™: ₹497.64 vs. price of ₹622.10 (25% above fair value)
Industry Position: 282.6% above the Vehicles & Parts median (#1173 of 1294)
No single metric tells the full story. See the BOM:500039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international markets. The company generates the majority of its revenue within India.
74GF Score
Get the complete analysis for BOM:500039
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:500039 has been successfully added to your 
