Engineers India (BOM:532178) PB Ratio: 4.43 (As of Aug. 11, 2026) — 50% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:532178 Engineers India Ltd BOM:532178
77 GF Score
Price ₹247.90
GF Value ₹241.08
Valuation Fairly Valued
! 5 Warning Signs
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What is Engineers India PB Ratio?

Engineers India BOM:532178 +3.06% 77 PB Ratio is 4.43 as of Aug. 11, 2026, which is 50% above its 10-year median of 2.96. GuruFocus rates BOM:532178 with a GF Score™ of 77/100 and a GF Value™ of ₹241.08 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,726 Construction companies, Engineers India ranks worse than 85.81% 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 (2026-08-11), Engineers India's share price is ₹247.90. Engineers India's Book Value per Share for the quarter that ended in Mar. 2026 was ₹55.97. Hence, Engineers India's PB Ratio of today is 4.43.

The historical rank and industry rank for Engineers India's PB Ratio or its related term are showing as below:

BOM:532178' s PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.96   Max: 6.71
Current: 4.43

During the past 13 years, Engineers India's highest PB Ratio was 6.71. The lowest was 1.56. And the median was 2.96.

BOM:532178's PB Ratio is ranked worse than
85.81% of 1726 companies
in the Construction industry
Industry Median: 1.35 vs BOM:532178: 4.43

During the past 12 months, Engineers India's average Book Value Per Share Growth Rate was 17.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Engineers India was 25.80% per year. The lowest was -5.60% per year. And the median was 8.45% per year.

Back to Basics: PB Ratio


Engineers India  (BOM:532178) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Engineers India PB Ratio Related Terms


Engineers India PB Ratio Historical Data

* Premium members only.

The historical data trend for Engineers India'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.

Engineers India PB Ratio Chart

Engineers India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 2.13 5.03 3.38 3.26

Engineers India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 0.00 4.01 0.00 3.26

BOM:532178 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Engineers 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.


Engineers India PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Engineers India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Engineers India's PB Ratio falls into.


BOM:532178
77GF Score
Engineers India Ltd BOM:532178
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Engineers India PB Ratio Calculation

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.

Engineers India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=247.90/55.97
=4.43

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.43 mean?
Engineers India (BOM:532178) has a PB Ratio of 4.43 as of Aug. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Engineers India and its competitors. This is 50% above median its historical median of 2.96. Over the past decade, Engineers India's PB Ratio has ranged from 1.56 to 6.71. According to the industry distribution chart, Engineers India ranks #1481 out of 1726 companies in the Construction industry, placing it in the top 85.8%.
Is Engineers India's PB Ratio too high?
Engineers India's current PB Ratio of 4.43 is 50% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 6.71. The Construction industry median PB Ratio is 1.35. Engineers India's value of 4.43 is 228.1% above this industry median. Based on the distribution chart, Engineers India ranks #1481 out of 1726 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Engineers India has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Engineers India's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Engineers India ranks #1481 out of 1726 companies for PB Ratio. This places Engineers India in the lower half of its industry. The industry median PB Ratio is 1.35. Engineers India's value of 4.43 is 228.1% above this benchmark. Historically, Engineers India's own PB Ratio has ranged from 1.56 to 6.71 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 1.35, Engineers 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 Construction company?
The median PB Ratio among Construction companies is 1.35, based on 1,726 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. Engineers India's current PB Ratio of 4.43 is 228.1% 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 Engineers India and its competitors. For the Construction industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Engineers India's current PB Ratio is 4.43, which is 50% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engineers India stock overvalued right now?
Based on GuruFocus' analysis, Engineers India (BOM:532178) is currently considered Fairly Valued. The stock's GF Value™ is ₹241.08, compared to a current price of ₹247.90 — trading 2.8% above its estimated fair value. The current PB Ratio is 4.43, which is 50% above median its 10-year median of 2.96 and 228.1% above the Construction industry median of 1.35. Engineers India's overall GF Score™ is 77/100 with 5 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 Engineers India (BOM:532178), the current PB Ratio is 4.43 as of Aug. 11, 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 Engineers India (BOM:532178) Overvalued in 2026?

Based on GuruFocus' analysis, Engineers India stock appears to be overvalued. The current stock price of ₹247.90 is trading 2.8% above its estimated GF Value™ of ₹241.08. GuruFocus considers Engineers India to be Fairly Valued.

Key valuation signals for BOM:532178:

  • PB Ratio: 4.43 (50% above median its 10-year median of 2.96)
  • GF Value™: ₹241.08 vs. price of ₹247.90 (2.8% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 228.1% above the Construction median (#1481 of 1726)

No single metric tells the full story. See the BOM:532178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Engineers India Business Description

Other Exchanges ENGINERSIN:India
Address Engineers India Bhavan, 1, Bhikaiji Cama Place, New Delhi, IND, 110 066
Engineers India Ltd is engaged in providing design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure and petrochemical industries. It operates into two segments namely Consultancy and engineering projects and Turnkey projects.
77GF Score

Get the complete analysis for BOM:532178

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹247.90
Price
₹241.08
GF Value