Mewar Hi-Tech Engineering (BOM:540150) PB Ratio: 2.00 (As of Aug. 19, 2026) — 22% 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:540150 Mewar Hi-Tech Engineering Ltd BOM:540150
59 GF Score
Price ₹63.99
GF Value ₹52.70
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Mewar Hi-Tech Engineering PB Ratio?

Mewar Hi-Tech Engineering BOM:540150 59 PB Ratio is 2.00 as of Aug. 19, 2026, which is 22% above its 10-year median of 1.64. GuruFocus rates BOM:540150 with a GF Score™ of 59/100 and a GF Value™ of ₹52.70 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, Mewar Hi-Tech Engineering ranks better than 54.02% 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 (2026-08-19), Mewar Hi-Tech Engineering's share price is ₹63.99. Mewar Hi-Tech Engineering's Book Value per Share for the quarter that ended in Mar. 2026 was ₹32.04. Hence, Mewar Hi-Tech Engineering's PB Ratio of today is 2.00.

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

BOM:540150' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.64   Max: 7.18
Current: 2

During the past 13 years, Mewar Hi-Tech Engineering's highest PB Ratio was 7.18. The lowest was 0.74. And the median was 1.64.

BOM:540150's PB Ratio is ranked better than
54.02% of 2986 companies
in the Industrial Products industry
Industry Median: 2.18 vs BOM:540150: 2.00

During the past 12 months, Mewar Hi-Tech Engineering's average Book Value Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mewar Hi-Tech Engineering was 20.10% per year. The lowest was -14.40% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


Mewar Hi-Tech Engineering  (BOM:540150) 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.


Mewar Hi-Tech Engineering PB Ratio Related Terms


Mewar Hi-Tech Engineering PB Ratio Historical Data

* Premium members only.

The historical data trend for Mewar Hi-Tech 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.

Mewar Hi-Tech Engineering PB Ratio Chart

Mewar Hi-Tech 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 1.66 2.51 2.22 5.42 1.72

Mewar Hi-Tech Engineering Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.22 2.23 5.42 2.35 1.72

BOM:540150 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Mewar Hi-Tech 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.


Mewar Hi-Tech Engineering PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Mewar Hi-Tech Engineering's PB Ratio falls into.


BOM:540150
59GF Score
Mewar Hi-Tech Engineering Ltd BOM:540150
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mewar Hi-Tech 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.

Mewar Hi-Tech Engineering's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=63.99/32.039
=2.00

* 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 2.00 mean?
Mewar Hi-Tech Engineering (BOM:540150) has a PB Ratio of 2.00 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mewar Hi-Tech Engineering and its competitors. This is 22% above median its historical median of 1.64. Over the past decade, Mewar Hi-Tech Engineering's PB Ratio has ranged from 0.74 to 7.18. According to the industry distribution chart, Mewar Hi-Tech Engineering ranks #1373 out of 2986 companies in the Industrial Products industry, placing it in the top 46%.
Is Mewar Hi-Tech Engineering's PB Ratio too high?
Mewar Hi-Tech Engineering's current PB Ratio of 2.00 is 22% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 7.18. The Industrial Products industry median PB Ratio is 2.18. Mewar Hi-Tech Engineering's value of 2.00 is 8.3% below this industry median. Based on the distribution chart, Mewar Hi-Tech Engineering ranks #1373 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mewar Hi-Tech Engineering has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mewar Hi-Tech Engineering's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mewar Hi-Tech Engineering ranks #1373 out of 2986 companies for PB Ratio. This puts Mewar Hi-Tech Engineering in the upper half of its industry. The industry median PB Ratio is 2.18. Mewar Hi-Tech Engineering's value of 2.00 is 8.3% below this benchmark. Historically, Mewar Hi-Tech Engineering's own PB Ratio has ranged from 0.74 to 7.18 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 2.18, Mewar Hi-Tech Engineering has consistently been below 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 2.18, based on 2,986 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. Mewar Hi-Tech Engineering's current PB Ratio of 2.00 is 8.3% below 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 Mewar Hi-Tech Engineering and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mewar Hi-Tech Engineering's current PB Ratio is 2.00, which is 22% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mewar Hi-Tech Engineering stock overvalued right now?
Based on GuruFocus' analysis, Mewar Hi-Tech Engineering (BOM:540150) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹52.70, compared to a current price of ₹63.99 — trading 21.4% above its estimated fair value. The current PB Ratio is 2.00, which is 22% above median its 10-year median of 1.64 and 8.3% below the Industrial Products industry median of 2.18. Mewar Hi-Tech Engineering's overall GF Score™ is 59/100 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 Mewar Hi-Tech Engineering (BOM:540150), the current PB Ratio is 2.00 as of Aug. 19, 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 Mewar Hi-Tech Engineering (BOM:540150) Overvalued in 2026?

Based on GuruFocus' analysis, Mewar Hi-Tech Engineering stock appears to be overvalued. The current stock price of ₹63.99 is trading 21.4% above its estimated GF Value™ of ₹52.70. GuruFocus considers Mewar Hi-Tech Engineering to be Modestly Overvalued.

Key valuation signals for BOM:540150:

  • PB Ratio: 2.00 (22% above median its 10-year median of 1.64)
  • GF Value™: ₹52.70 vs. price of ₹63.99 (21.4% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 8.3% below the Industrial Products median (#1373 of 2986)

No single metric tells the full story. See the BOM:540150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mewar Hi-Tech Engineering Business Description

Address 1, Hawa Magri, Industrial Area, Sukher, Udaipur, RJ, IND, 313001
Mewar Hi-Tech Engineering Ltd is an India-based company engaged in the manufacturing of heavy machines, including crushers, mixers, and industrial material handling equipment. Revenues are mainly derived from the manufacturing of construction equipment. Its product includes a double toggle oil jaw crusher, HIS, VSI, cone crusher, vibrating screens, among others.
59GF Score

Get the complete analysis for BOM:540150

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

₹63.99
Price
₹52.70
GF Value