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.
Neo InfraconBOM:514332 +0.08%45 PB Ratio is 2.72 as of Aug. 15, 2026, which is 15% above its 10-year median of 2.36. GuruFocus rates BOM:514332 with a GF Score™ of 45/100 and a GF Value™ of ₹26.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,713 Real Estate companies, Neo Infracon ranks worse than 87.27% on this metric.
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. As of today (2026-08-15), Neo Infracon's share price is ₹39.06. Neo Infracon's Book Value per Share for the quarter that ended in Mar. 2026 was ₹14.38. Hence, Neo Infracon's PB Ratio of today is 2.72.
Good Sign:
Neo Infracon Ltd stock PB Ratio (=2.91) is close to 1-year low of 2.68.
The historical rank and industry rank for Neo Infracon's PB Ratio or its related term are showing as below:
BOM:514332'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 2.36 Max: 8.32
Current: 2.7
During the past 13 years, Neo Infracon's highest PB Ratio was 8.32. The lowest was 0.75. And the median was 2.36.
BOM:514332's PB Ratio is ranked worse than 87.27% of 1713
companies
in the Real Estate industry
Industry Median: 0.82
vs BOM:514332: 2.70
During the past 12 months, Neo Infracon's average Book Value Per Share Growth Rate was 13.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Neo Infracon was 45.90% per year. The lowest was -30.50% per year. And the median was 4.50% per year.
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.
Neo Infracon PB Ratio Related Terms
Neo Infracon PB Ratio Historical Data
* Premium members only.
The historical data trend for Neo Infracon's PB Ratio can be seen below:
* 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 Real Estate - Development subindustry, Neo Infracon'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.
Neo Infracon PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Neo Infracon's PB Ratio distribution charts can be found below:
* The bar in red indicates where Neo Infracon'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.
Neo Infracon's PB Ratio for today is calculated as follows:
* 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.
Neo Infracon (BOM:514332) has a PB Ratio of 2.72 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Neo Infracon and its competitors. This is 15% above median its historical median of 2.36. Over the past decade, Neo Infracon's PB Ratio has ranged from 0.75 to 8.32. According to the industry distribution chart, Neo Infracon ranks #1495 out of 1713 companies in the Real Estate industry, placing it in the top 87.3%.
Is Neo Infracon's PB Ratio too high?
Neo Infracon's current PB Ratio of 2.72 is 15% above median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 8.32. The Real Estate industry median PB Ratio is 0.82. Neo Infracon's value of 2.72 is 231.7% above this industry median. Based on the distribution chart, Neo Infracon ranks #1495 out of 1713 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Neo Infracon has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neo Infracon's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Neo Infracon ranks #1495 out of 1713 companies for PB Ratio. This places Neo Infracon in the lower half of its industry. The industry median PB Ratio is 0.82. Neo Infracon's value of 2.72 is 231.7% above this benchmark. Historically, Neo Infracon's own PB Ratio has ranged from 0.75 to 8.32 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 0.82, Neo Infracon 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,713 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. Neo Infracon's current PB Ratio of 2.72 is 231.7% 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 Neo Infracon and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neo Infracon's current PB Ratio is 2.72, which is 15% above median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo Infracon stock overvalued right now?
Based on GuruFocus' analysis, Neo Infracon (BOM:514332) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹26.86, compared to a current price of ₹39.06 — trading 45.4% above its estimated fair value. The current PB Ratio is 2.72, which is 15% above median its 10-year median of 2.36 and 231.7% above the Real Estate industry median of 0.82. Neo Infracon's overall GF Score™ is 45/100 with 6 warning signs 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 Neo Infracon (BOM:514332), the current PB Ratio is 2.72 as of Aug. 15, 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 Neo Infracon (BOM:514332) Overvalued in 2026?
Based on GuruFocus' analysis, Neo Infracon stock appears to be overvalued.
The current stock price of ₹39.06 is trading 45.4% above its estimated GF Value™ of ₹26.86.
GuruFocus considers Neo Infracon to be Significantly Overvalued.
Key valuation signals for BOM:514332:
PB Ratio: 2.72 (15% above median its 10-year median of 2.36)
GF Value™: ₹26.86 vs. price of ₹39.06 (45.4% above fair value)
Industry Position: 231.7% above the Real Estate median (#1495 of 1713)
No single metric tells the full story. See the BOM:514332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neo Infracon Ltd is a real estate development company. It is developing affordable houses in town areas of Mumbai. The company is mainly dealing with construction services in respect of commercial, industrial buildings, and residential complexes. Geographically, the activities are carried out through the region of India. The company generates the majority of its revenue from Sub contract sales. The company's project consists of Neo Clarissa, Amity, Neo Residency, Neo Pearl, Ankush Apartment, Akashdeep, and Deshmukh lane, Neo Ornate, Neo Galaxy, Neo Logistic Park.
45GF Score
Get the complete analysis for BOM:514332
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:514332 has been successfully added to your 
