GTV Engineering (BOM:539479) PB Ratio: 5.13 (As of Sep. 05, 2026) — 1093% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

BOM:539479 GTV Engineering Ltd BOM:539479
80 GF Score
Price ₹66.77
GF Value ₹54.57
Valuation Modestly Overvalued
! 3 Warning Signs
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What is GTV Engineering PB Ratio?

GTV Engineering BOM:539479 +0.10% 80 PB Ratio is 5.13 as of Sep. 05, 2026, which is 1093% above its 10-year median of 0.43. GuruFocus rates BOM:539479 with a GF Score™ of 80/100 and a GF Value™ of ₹54.57 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, GTV Engineering ranks worse than 80.29% 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 (2026-09-05), GTV Engineering's share price is ₹66.77. GTV Engineering's Book Value per Share for the quarter that ended in Jun. 2026 was ₹13.02. Hence, GTV Engineering's PB Ratio of today is 5.13.

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

BOM:539479' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.43   Max: 7.54
Current: 5.08

During the past 12 years, GTV Engineering's highest PB Ratio was 7.54. The lowest was 0.12. And the median was 0.43.

BOM:539479's PB Ratio is ranked worse than
80.29% of 2994 companies
in the Industrial Products industry
Industry Median: 2.21 vs BOM:539479: 5.08

During the past 12 months, GTV Engineering's average Book Value Per Share Growth Rate was 29.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of GTV Engineering was 25.40% per year. The lowest was 1.80% per year. And the median was 3.10% per year.

Back to Basics: PB Ratio


GTV Engineering  (BOM:539479) 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.


GTV Engineering PB Ratio Related Terms


GTV Engineering PB Ratio Historical Data

* Premium members only.

The historical data trend for GTV Engineering'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.

GTV Engineering PB Ratio Chart

GTV Engineering 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 1.52 2.37 3.94 4.69 4.15

GTV Engineering Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 5.72 0.00 4.15 0.00

BOM:539479 vs ATI, CRS, MLI: PB Ratio Comparison

For the Metal Fabrication subindustry, GTV Engineering'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.


GTV Engineering PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, GTV Engineering's PB Ratio distribution charts can be found below:

* The bar in red indicates where GTV Engineering's PB Ratio falls into.


BOM:539479
80GF Score
GTV Engineering Ltd BOM:539479
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GTV Engineering 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.

GTV Engineering's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=66.77/13.021
=5.13

* 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 5.13 mean?
GTV Engineering (BOM:539479) has a PB Ratio of 5.13 as of Sep. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GTV Engineering and its competitors. This is 1093% above median its historical median of 0.43. Over the past decade, GTV Engineering's PB Ratio has ranged from 0.12 to 7.54. According to the industry distribution chart, GTV Engineering ranks #2404 out of 2994 companies in the Industrial Products industry, placing it in the top 80.3%.
Is GTV Engineering's PB Ratio too high?
GTV Engineering's current PB Ratio of 5.13 is 1093% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 7.54. The Industrial Products industry median PB Ratio is 2.21. GTV Engineering's value of 5.13 is 132.1% above this industry median. Based on the distribution chart, GTV Engineering ranks #2404 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, GTV Engineering has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GTV Engineering's PB Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, GTV Engineering ranks #2404 out of 2994 companies for PB Ratio. This places GTV Engineering in the lower half of its industry. The industry median PB Ratio is 2.21. GTV Engineering's value of 5.13 is 132.1% above this benchmark. Historically, GTV Engineering's own PB Ratio has ranged from 0.12 to 7.54 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 2.21, GTV Engineering 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.21, based on 2,994 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. GTV Engineering's current PB Ratio of 5.13 is 132.1% 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 GTV Engineering and its competitors. For the Industrial Products industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTV Engineering's current PB Ratio is 5.13, which is 1093% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTV Engineering stock overvalued right now?
Based on GuruFocus' analysis, GTV Engineering (BOM:539479) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹54.57, compared to a current price of ₹66.77 — trading 22.4% above its estimated fair value. The current PB Ratio is 5.13, which is 1093% above median its 10-year median of 0.43 and 132.1% above the Industrial Products industry median of 2.21. GTV Engineering's overall GF Score™ is 80/100 with 3 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 GTV Engineering (BOM:539479), the current PB Ratio is 5.13 as of Sep. 05, 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 GTV Engineering (BOM:539479) Overvalued in 2026?

Based on GuruFocus' analysis, GTV Engineering stock appears to be overvalued. The current stock price of ₹66.77 is trading 22.4% above its estimated GF Value™ of ₹54.57. GuruFocus considers GTV Engineering to be Modestly Overvalued.

Key valuation signals for BOM:539479:

  • PB Ratio: 5.13 (1093% above median its 10-year median of 0.43)
  • GF Value™: ₹54.57 vs. price of ₹66.77 (22.4% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 132.1% above the Industrial Products median (#2404 of 2994)

No single metric tells the full story. See the BOM:539479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GTV Engineering Business Description

Address New Industrial Area-II, Plot Number 216-217-218, Mandideep, District Raisen, Bhopal, MP, IND, 462046
GTV Engineering Ltd is mainly engaged in steel fabrication. Its product offerings include penstokes, distributor pipes, stator frames, boiler stacks, ball mills, coal bins, stove shells, gas coolers, anchor plates, grit cones, fan blades, etc. The company caters to the heavy engineering needs of its clients across various sectors such as steel, hydro, thermal, cement, mining and minerals, etc. Its primary business segments are: Hi-Tech Fabrication Engineering, Flour Division, and Agro Product Trading. The majority of its revenue is generated from the Hi-Tech Fabrication segment.
80GF Score

Get the complete analysis for BOM:539479

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

₹66.77
Price
₹54.57
GF Value