IRM Energy (BOM:544004) PB Ratio: 1.17 (As of Aug. 30, 2026) — 20% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:544004 IRM Energy Ltd BOM:544004
70 GF Score
Price ₹284.65
GF Value ₹373.66
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is IRM Energy PB Ratio?

IRM Energy BOM:544004 +0.49% 70 PB Ratio is 1.17 as of Aug. 30, 2026, which is 20% below its 10-year median of 1.47. GuruFocus rates BOM:544004 with a GF Score™ of 70/100 and a GF Value™ of ₹373.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 500 Utilities - Regulated companies, IRM Energy ranks better than 59.4% 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 (2026-08-30), IRM Energy's share price is ₹284.65. IRM Energy's Book Value per Share for the quarter that ended in Jun. 2026 was ₹242.95. Hence, IRM Energy's PB Ratio of today is 1.17.

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

BOM:544004' s PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.47   Max: 5.6
Current: 1.17

During the past 6 years, IRM Energy's highest PB Ratio was 5.60. The lowest was 0.76. And the median was 1.47.

BOM:544004's PB Ratio is ranked better than
59.4% of 500 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs BOM:544004: 1.17

During the past 12 months, IRM Energy's average Book Value Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 45.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 62.70% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of IRM Energy was 111.30% per year. The lowest was 45.30% per year. And the median was 61.70% per year.

Back to Basics: PB Ratio


IRM Energy  (BOM:544004) 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.


IRM Energy PB Ratio Related Terms


IRM Energy PB Ratio Historical Data

* Premium members only.

The historical data trend for IRM Energy'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.

IRM Energy PB Ratio Chart

IRM Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 2.12 1.22 0.74

IRM Energy Quarterly Data
Mar21 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 0.00 1.55 0.00 0.74 0.00

BOM:544004 vs ATO, NI, UGI: PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, IRM Energy'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.


IRM Energy PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, IRM Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where IRM Energy's PB Ratio falls into.


BOM:544004
70GF Score
IRM Energy Ltd BOM:544004
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRM Energy 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.

IRM Energy's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=284.65/242.946
=1.17

* 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 1.17 mean?
IRM Energy (BOM:544004) has a PB Ratio of 1.17 as of Aug. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IRM Energy and its competitors. This is 20% below median its historical median of 1.47. Over the past decade, IRM Energy's PB Ratio has ranged from 0.76 to 5.60. According to the industry distribution chart, IRM Energy ranks #203 out of 500 companies in the Utilities - Regulated industry, placing it in the top 40.6%.
Is IRM Energy's PB Ratio too high?
IRM Energy's current PB Ratio of 1.17 is 20% below median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 5.60. The Utilities - Regulated industry median PB Ratio is 1.49. IRM Energy's value of 1.17 is 21.5% below this industry median. Based on the distribution chart, IRM Energy ranks #203 out of 500 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, IRM Energy has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRM Energy's PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, IRM Energy ranks #203 out of 500 companies for PB Ratio. This puts IRM Energy in the upper half of its industry. The industry median PB Ratio is 1.49. IRM Energy's value of 1.17 is 21.5% below this benchmark. Historically, IRM Energy's own PB Ratio has ranged from 0.76 to 5.60 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.49, IRM Energy 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 Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.49, based on 500 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. IRM Energy's current PB Ratio of 1.17 is 21.5% 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 IRM Energy and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRM Energy's current PB Ratio is 1.17, which is 20% below median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRM Energy stock overvalued right now?
Based on GuruFocus' analysis, IRM Energy (BOM:544004) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹373.66, compared to a current price of ₹284.65 — trading 23.8% below its estimated fair value. The current PB Ratio is 1.17, which is 20% below median its 10-year median of 1.47 and 21.5% below the Utilities - Regulated industry median of 1.49. IRM Energy's overall GF Score™ is 70/100 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 IRM Energy (BOM:544004), the current PB Ratio is 1.17 as of Aug. 30, 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 IRM Energy (BOM:544004) Overvalued in 2026?

Based on GuruFocus' analysis, IRM Energy stock appears to be undervalued. The current stock price of ₹284.65 is trading 23.8% below its estimated GF Value™ of ₹373.66. GuruFocus considers IRM Energy to be Modestly Undervalued.

Key valuation signals for BOM:544004:

  • PB Ratio: 1.17 (20% below median its 10-year median of 1.47)
  • GF Value™: ₹373.66 vs. price of ₹284.65 (23.8% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 21.5% below the Utilities - Regulated median (#203 of 500)

No single metric tells the full story. See the BOM:544004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRM Energy Business Description

Other Exchanges IRMENERGY:India
Address S.G. Highway, Corporate Park, Near Sola Bridge, 4th Floor, Block 8, Magnet, Thaltej, Ahmedabad, GJ, IND, 380054
IRM Energy Ltd is a gas distribution company. It is involved in developing, operating, and expanding of local natural gas distribution network. IRM Energy is a value-driven energy enterprise serving industrial, commercial, domestic, and automobile customers. The company has a single operating segment which is Sale of Natural Gas.
70GF Score

Get the complete analysis for BOM:544004

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

₹284.65
Price
₹373.66
GF Value