Indus Motor Co (KAR:INDU) PB Ratio: 1.81 (As of Jul. 18, 2026) — 13% Below Median

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KAR:INDU Indus Motor Co Ltd KAR:INDU
84 GF Score
Price ₨1,949.71
GF Value ₨2,453.69
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Indus Motor Co PB Ratio?

Indus Motor Co KAR:INDU +0.01% 84 PB Ratio is 1.81 as of Jul. 18, 2026, which is 13% below its 10-year median of 2.07. GuruFocus rates KAR:INDU with a GF Score™ of 84/100 and a GF Value™ of ₨2,453.69 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,294 Vehicles & Parts companies, Indus Motor Co ranks worse than 60.36% 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 (2026-07-18), Indus Motor Co's share price is ₨1949.71. Indus Motor Co's Book Value per Share for the quarter that ended in Mar. 2026 was ₨1,078.84. Hence, Indus Motor Co's PB Ratio of today is 1.81.

Good Sign:

Indus Motor Co Ltd stock PB Ratio (=1.81) is close to 2-year low of 1.67.

The historical rank and industry rank for Indus Motor Co's PB Ratio or its related term are showing as below:

KAR:INDU' s PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.07   Max: 5.22
Current: 1.81

During the past 13 years, Indus Motor Co's highest PB Ratio was 5.22. The lowest was 1.13. And the median was 2.07.

KAR:INDU's PB Ratio is ranked worse than
60.36% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.37 vs KAR:INDU: 1.81

During the past 12 months, Indus Motor Co's average Book Value Per Share Growth Rate was 13.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indus Motor Co was 18.20% per year. The lowest was 9.50% per year. And the median was 12.35% per year.

Back to Basics: PB Ratio


Indus Motor Co  (KAR:INDU) 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.


Indus Motor Co PB Ratio Related Terms


Indus Motor Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Indus Motor Co'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.

Indus Motor Co PB Ratio Chart

Indus Motor Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 1.67 1.23 1.85 1.77

Indus Motor Co 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 2.18 1.77 2.12 1.93 1.68

KAR:INDU vs TSLA, GM, F: PB Ratio Comparison

For the Auto Manufacturers subindustry, Indus Motor Co'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.


Indus Motor Co PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indus Motor Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Indus Motor Co's PB Ratio falls into.


KAR:INDU
84GF Score
Indus Motor Co Ltd KAR:INDU
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indus Motor Co 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.

Indus Motor Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1949.71/1078.841
=1.81

* 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 1.81 mean?
Indus Motor Co (KAR:INDU) has a PB Ratio of 1.81 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indus Motor Co and its competitors. This is 13% below median its historical median of 2.07. Over the past decade, Indus Motor Co's PB Ratio has ranged from 1.13 to 5.22. According to the industry distribution chart, Indus Motor Co ranks #781 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 60.4%.
Is Indus Motor Co's PB Ratio too high?
Indus Motor Co's current PB Ratio of 1.81 is 13% below median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 5.22. The Vehicles & Parts industry median PB Ratio is 1.37. Indus Motor Co's value of 1.81 is 32.1% above this industry median. Based on the distribution chart, Indus Motor Co ranks #781 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Indus Motor Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indus Motor Co's PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Indus Motor Co ranks #781 out of 1294 companies for PB Ratio. This places Indus Motor Co in the lower half of its industry. The industry median PB Ratio is 1.37. Indus Motor Co's value of 1.81 is 32.1% above this benchmark. Historically, Indus Motor Co's own PB Ratio has ranged from 1.13 to 5.22 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.37, Indus Motor Co 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 a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.37, based on 1,294 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. Indus Motor Co's current PB Ratio of 1.81 is 32.1% 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 Indus Motor Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Motor Co's current PB Ratio is 1.81, which is 13% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Indus Motor Co (KAR:INDU) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨2,453.69, compared to a current price of ₨1,949.71 — trading 20.5% below its estimated fair value. The current PB Ratio is 1.81, which is 13% below median its 10-year median of 2.07 and 32.1% above the Vehicles & Parts industry median of 1.37. Indus Motor Co's overall GF Score™ is 84/100 with 1 warning sign 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 Indus Motor Co (KAR:INDU), the current PB Ratio is 1.81 as of Jul. 18, 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 Indus Motor Co (KAR:INDU) Overvalued in 2026?

Based on GuruFocus' analysis, Indus Motor Co stock appears to be undervalued. The current stock price of ₨1,949.71 is trading 20.5% below its estimated GF Value™ of ₨2,453.69. GuruFocus considers Indus Motor Co to be Modestly Undervalued.

Key valuation signals for KAR:INDU:

  • PB Ratio: 1.81 (13% below median its 10-year median of 2.07)
  • GF Value™: ₨2,453.69 vs. price of ₨1,949.71 (20.5% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 32.1% above the Vehicles & Parts median (#781 of 1294)

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


Indus Motor Co Business Description

Address Plot No. N.W.Z/1/P-1, Port Qasim Authority, Bin Qasim, Karachi, SD, PAK
Indus Motor Co Ltd manufactures and markets Toyota brand vehicles in Pakistan. It offers passenger cars, light commercial vehicles, and sports utility under Corolla, Hilux, and Fortuner brand names. In addition, the company also offers parts, lubricants, and chemicals, as well as after-sales services.
84GF Score

Get the complete analysis for KAR:INDU

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

₨1,949.71
Price
₨2,453.69
GF Value