Millworks Technologies (BOM:544826) PB Ratio: 24.93 (As of Sep. 10, 2026) — 44% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:544826 Millworks Technologies Ltd BOM:544826
22 GF Score
Price ₹1,170.20
! 4 Warning Signs
View Full Analysis

What is Millworks Technologies PB Ratio?

Millworks Technologies BOM:544826 +4.33% 22 PB Ratio is 24.93 as of Sep. 10, 2026, which is 44% above its 10-year median of 17.33. GuruFocus rates BOM:544826 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 2,994 Industrial Products companies, Millworks Technologies ranks worse than 98.46% 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 (2026-09-10), Millworks Technologies's share price is ₹1170.20. Millworks Technologies's Book Value per Share for the quarter that ended in Mar. 2026 was ₹46.93. Hence, Millworks Technologies's PB Ratio of today is 24.93.

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

BOM:544826' s PB Ratio Range Over the Past 10 Years
Min: 16.29   Med: 17.33   Max: 24.92
Current: 24.92

During the past 4 years, Millworks Technologies's highest PB Ratio was 24.92. The lowest was 16.29. And the median was 17.33.

BOM:544826's PB Ratio is ranked worse than
98.46% of 2994 companies
in the Industrial Products industry
Industry Median: 2.21 vs BOM:544826: 24.92

During the past 12 months, Millworks Technologies's average Book Value Per Share Growth Rate was 254.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 504.00% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Millworks Technologies was 504.00% per year. The lowest was 504.00% per year. And the median was 504.00% per year.

Back to Basics: PB Ratio


Millworks Technologies  (BOM:544826) 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.


Millworks Technologies PB Ratio Related Terms


Millworks Technologies PB Ratio Historical Data

* Premium members only.

The historical data trend for Millworks Technologies'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.

Millworks Technologies PB Ratio Chart

Millworks Technologies Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 0.00

Millworks Technologies Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
PB Ratio 0.00 0.00 0.00 0.00

BOM:544826 vs ATI, CRS, MLI: PB Ratio Comparison

For the Metal Fabrication subindustry, Millworks Technologies'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.


Millworks Technologies PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Millworks Technologies's PB Ratio falls into.


BOM:544826
22GF Score
Millworks Technologies Ltd BOM:544826
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millworks Technologies 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.

Millworks Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1170.20/46.932
=24.93

* 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 24.93 mean?
Millworks Technologies (BOM:544826) has a PB Ratio of 24.93 as of Sep. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Millworks Technologies and its competitors. This is 44% above median its historical median of 17.33. Over the past decade, Millworks Technologies' PB Ratio has ranged from 16.29 to 24.92. According to the industry distribution chart, Millworks Technologies ranks #2948 out of 2994 companies in the Industrial Products industry, placing it in the top 98.5%.
Is Millworks Technologies' PB Ratio too high?
Millworks Technologies' current PB Ratio of 24.93 is 44% above median its 10-year median of 17.33. Over the past 10 years, this metric has ranged from a low of 16.29 to a high of 24.92. The Industrial Products industry median PB Ratio is 2.21. Millworks Technologies' value of 24.93 is 1028.1% above this industry median. Based on the distribution chart, Millworks Technologies ranks #2948 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Millworks Technologies has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Millworks Technologies' PB Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Millworks Technologies ranks #2948 out of 2994 companies for PB Ratio. This places Millworks Technologies in the lower half of its industry. The industry median PB Ratio is 2.21. Millworks Technologies' value of 24.93 is 1028.1% above this benchmark. Historically, Millworks Technologies' own PB Ratio has ranged from 16.29 to 24.92 over the past decade. While the company's 10-year median is 17.33 vs. the industry median of 2.21, Millworks Technologies 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. Millworks Technologies's current PB Ratio of 24.93 is 1028.1% 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 Millworks Technologies 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. Millworks Technologies's current PB Ratio is 24.93, which is 44% above median its own 10-year median of 17.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millworks Technologies stock overvalued right now?
Millworks Technologies (BOM:544826) has a current PB Ratio of 24.93. The current PB Ratio is 24.93, which is 44% above median its 10-year median of 17.33 and 1028.1% above the Industrial Products industry median of 2.21. Millworks Technologies' overall GF Score™ is 22/100 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 Millworks Technologies (BOM:544826), the current PB Ratio is 24.93 as of Sep. 10, 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.

Millworks Technologies Business Description

Address No.458/1, 10th a Cross, Phase-4, Peenya Industrial Area, Near Brundavan Bus Stop, Peenya Small Industries, Bangalore north, Bangalore, KA, IND, 560058
Millworks Technologies Ltd is a precision engineering company engaged in the manufacture of machined components, sheet metal parts, and integrated assemblies used in applications across the railways, aerospace, defence, and semiconductor sectors. Its product offerings include various Aero Engine Parts, Train Door Parts, Automation Machinery, etc. The majority of revenue is derived from the sale of its products to the Defence sector.
22GF Score

Get the complete analysis for BOM:544826

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

₹1,170.20
Price