H.G. Infra Engineering (BOM:541019) PB Ratio: 1.10 (As of Aug. 08, 2026) — 55% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
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:541019 H.G. Infra Engineering Ltd BOM:541019
73 GF Score
Price ₹549.50
GF Value ₹1,215.40
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is H.G. Infra Engineering PB Ratio?

H.G. Infra Engineering BOM:541019 -0.55% 73 PB Ratio is 1.10 as of Aug. 08, 2026, which is 55% below its 10-year median of 2.43. GuruFocus rates BOM:541019 with a GF Score™ of 73/100 and a GF Value™ of ₹1,215.40 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,725 Construction companies, H.G. Infra Engineering ranks better than 57.62% 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 (2026-08-08), H.G. Infra Engineering's share price is ₹549.50. H.G. Infra Engineering's Book Value per Share for the quarter that ended in Mar. 2026 was ₹500.99. Hence, H.G. Infra Engineering's PB Ratio of today is 1.10.

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

BOM:541019' s PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.43   Max: 4.68
Current: 1.09

During the past 13 years, H.G. Infra Engineering's highest PB Ratio was 4.68. The lowest was 0.97. And the median was 2.43.

BOM:541019's PB Ratio is ranked better than
57.62% of 1725 companies
in the Construction industry
Industry Median: 1.34 vs BOM:541019: 1.09

During the past 12 months, H.G. Infra Engineering's average Book Value Per Share Growth Rate was 10.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 25.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 37.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of H.G. Infra Engineering was 85.70% per year. The lowest was 19.30% per year. And the median was 31.20% per year.

Back to Basics: PB Ratio


H.G. Infra Engineering  (BOM:541019) 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.


H.G. Infra Engineering PB Ratio Related Terms


H.G. Infra Engineering PB Ratio Historical Data

* Premium members only.

The historical data trend for H.G. Infra 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.

H.G. Infra Engineering PB Ratio Chart

H.G. Infra 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 2.53 2.65 2.41 2.33 0.86

H.G. Infra Engineering 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 2.33 0.00 1.96 0.00 0.86

BOM:541019 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, H.G. Infra 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.


H.G. Infra Engineering PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, H.G. Infra Engineering's PB Ratio distribution charts can be found below:

* The bar in red indicates where H.G. Infra Engineering's PB Ratio falls into.


BOM:541019
73GF Score
H.G. Infra Engineering Ltd BOM:541019
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H.G. Infra 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.

H.G. Infra Engineering's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=549.50/500.991
=1.10

* 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 1.10 mean?
H.G. Infra Engineering (BOM:541019) has a PB Ratio of 1.10 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on H.G. Infra Engineering and its competitors. This is 55% below median its historical median of 2.43. Over the past decade, H.G. Infra Engineering's PB Ratio has ranged from 0.97 to 4.68. According to the industry distribution chart, H.G. Infra Engineering ranks #731 out of 1725 companies in the Construction industry, placing it in the top 42.4%.
Is H.G. Infra Engineering's PB Ratio too high?
H.G. Infra Engineering's current PB Ratio of 1.10 is 55% below median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 4.68. The Construction industry median PB Ratio is 1.34. H.G. Infra Engineering's value of 1.10 is 17.9% below this industry median. Based on the distribution chart, H.G. Infra Engineering ranks #731 out of 1725 companies in the Construction industry, which is above the industry midpoint. Overall, H.G. Infra Engineering has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does H.G. Infra Engineering's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, H.G. Infra Engineering ranks #731 out of 1725 companies for PB Ratio. This puts H.G. Infra Engineering in the upper half of its industry. The industry median PB Ratio is 1.34. H.G. Infra Engineering's value of 1.10 is 17.9% below this benchmark. Historically, H.G. Infra Engineering's own PB Ratio has ranged from 0.97 to 4.68 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 1.34, H.G. Infra 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 a Construction company?
The median PB Ratio among Construction companies is 1.34, based on 1,725 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. H.G. Infra Engineering's current PB Ratio of 1.10 is 17.9% 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 H.G. Infra Engineering and its competitors. For the Construction industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H.G. Infra Engineering's current PB Ratio is 1.10, which is 55% below median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H.G. Infra Engineering stock overvalued right now?
Based on GuruFocus' analysis, H.G. Infra Engineering (BOM:541019) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,215.40, compared to a current price of ₹549.50 — trading 54.8% below its estimated fair value. The current PB Ratio is 1.10, which is 55% below median its 10-year median of 2.43 and 17.9% below the Construction industry median of 1.34. H.G. Infra Engineering's overall GF Score™ is 73/100 with 7 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 H.G. Infra Engineering (BOM:541019), the current PB Ratio is 1.10 as of Aug. 08, 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 H.G. Infra Engineering (BOM:541019) Overvalued in 2026?

Based on GuruFocus' analysis, H.G. Infra Engineering stock appears to be undervalued. The current stock price of ₹549.50 is trading 54.8% below its estimated GF Value™ of ₹1,215.40. GuruFocus considers H.G. Infra Engineering to be Possible Value Trap.

Key valuation signals for BOM:541019:

  • PB Ratio: 1.10 (55% below median its 10-year median of 2.43)
  • GF Value™: ₹1,215.40 vs. price of ₹549.50 (54.8% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 17.9% below the Construction median (#731 of 1725)

No single metric tells the full story. See the BOM:541019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H.G. Infra Engineering Business Description

Other Exchanges HGINFRA:India
Address A-1, Tilak Marg, C-Scheme, IIIrd Floor, Sheel Mohar Plaza, C-Scheme, Jaipur, RJ, IND, 302 001
H.G. Infra Engineering Ltd is engaged in Engineering, Procurement and Construction (EPC), Maintenance of roads, bridges, flyovers and other infrastructure contract works. Geographically, it operates only in India. It has one reportable segment of engineering, procurement and construction contracts (EPC). The company executes civil construction projects, like extension and grading of runways, railways and land development as well as water pipeline projects.
73GF Score

Get the complete analysis for BOM:541019

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

₹549.50
Price
₹1,215.40
GF Value