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Praj IndustriesBOM:522205 +0.26%92 PB Ratio is 4.54 as of Jul. 27, 2026, which is 5% below its 10-year median of 4.79. GuruFocus rates BOM:522205 with a GF Score™ of 92/100 and a GF Value™ of ₹493.23 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,720 Construction companies, Praj Industries ranks worse than 86.57% 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 (2026-07-27), Praj Industries's share price is ₹323.50. Praj Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹71.22. Hence, Praj Industries's PB Ratio of today is 4.54.
Good Sign:
Praj Industries Ltd stock PB Ratio (=4.54) is close to 5-year low of 4.29.
The historical rank and industry rank for Praj Industries's PB Ratio or its related term are showing as below:
BOM:522205'
s PB Ratio Range Over the Past 10 Years
Min: 1.42 Med: 4.79 Max: 11.64
Current: 4.54
During the past 13 years, Praj Industries's highest PB Ratio was 11.64. The lowest was 1.42. And the median was 4.79.
BOM:522205's PB Ratio is ranked worse than 86.57% of 1720
companies
in the Construction industry
Industry Median: 1.32
vs BOM:522205: 4.54
During the past 12 months, Praj Industries's average Book Value Per Share Growth Rate was -5.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Praj Industries was 94.50% per year. The lowest was -0.20% per year. And the median was 6.70% 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.
Praj Industries PB Ratio Related Terms
Praj Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Praj Industries'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 Engineering & Construction subindustry, Praj Industries'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.
Praj Industries PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Praj Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Praj Industries'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.
Praj Industries'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.
Praj Industries (BOM:522205) has a PB Ratio of 4.54 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Praj Industries and its competitors. This is near median its historical median of 4.79. Over the past decade, Praj Industries' PB Ratio has ranged from 1.42 to 11.64. According to the industry distribution chart, Praj Industries ranks #1489 out of 1720 companies in the Construction industry, placing it in the top 86.6%.
Is Praj Industries' PB Ratio too high?
Praj Industries' current PB Ratio of 4.54 is near median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 11.64. The Construction industry median PB Ratio is 1.32. Praj Industries' value of 4.54 is 243.9% above this industry median. Based on the distribution chart, Praj Industries ranks #1489 out of 1720 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Praj Industries has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Praj Industries' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Praj Industries ranks #1489 out of 1720 companies for PB Ratio. This places Praj Industries in the lower half of its industry. The industry median PB Ratio is 1.32. Praj Industries' value of 4.54 is 243.9% above this benchmark. Historically, Praj Industries' own PB Ratio has ranged from 1.42 to 11.64 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 1.32, Praj Industries 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,720 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. Praj Industries's current PB Ratio of 4.54 is 243.9% 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 Praj Industries and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praj Industries's current PB Ratio is 4.54, which is near median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Praj Industries stock overvalued right now?
Based on GuruFocus' analysis, Praj Industries (BOM:522205) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹493.23, compared to a current price of ₹323.50 — trading 34.4% below its estimated fair value. The current PB Ratio is 4.54, which is near median its 10-year median of 4.79 and 243.9% above the Construction industry median of 1.32. Praj Industries' overall GF Score™ is 92/100 with 4 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 Praj Industries (BOM:522205), the current PB Ratio is 4.54 as of Jul. 27, 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 Praj Industries (BOM:522205) Overvalued in 2026?
Based on GuruFocus' analysis, Praj Industries stock appears to be undervalued.
The current stock price of ₹323.50 is trading 34.4% below its estimated GF Value™ of ₹493.23.
GuruFocus considers Praj Industries to be Significantly Undervalued.
Key valuation signals for BOM:522205:
PB Ratio: 4.54 (near median its 10-year median of 4.79)
GF Value™: ₹493.23 vs. price of ₹323.50 (34.4% below fair value)
Industry Position: 243.9% above the Construction median (#1489 of 1720)
No single metric tells the full story. See the BOM:522205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Praj Industries Ltd is an engineering company based in India. The company operates in a single segment namely Process and Project Engineering. Its business line consists of BioEnergy, High Purity Solutions, Brewery Plants, Wastewater Treatment, Bioproducts, Skid Engineering and Process Solutions, and Critical Process Equipment and Systems.
92GF Score
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