AIA Engineering (NSE:AIAENG) PB Ratio: 5.56 (As of Jul. 17, 2026) — 19% Above Median

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Vera Yuan
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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.

NSE:AIAENG AIA Engineering Ltd NSE:AIAENG
88 GF Score
Price ₹4,779.50
GF Value ₹3,577.04
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is AIA Engineering PB Ratio?

AIA Engineering NSE:AIAENG -1.01% 88 PB Ratio is 5.56 as of Jul. 17, 2026, which is 19% above its 10-year median of 4.69. GuruFocus rates NSE:AIAENG with a GF Score™ of 88/100 and a GF Value™ of ₹3,577.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,982 Industrial Products companies, AIA Engineering ranks worse than 83.67% 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 (2026-07-17), AIA Engineering's share price is ₹4779.50. AIA Engineering's Book Value per Share for the quarter that ended in Mar. 2026 was ₹859.98. Hence, AIA Engineering's PB Ratio of today is 5.56.

Warning Sign:

AIA Engineering Ltd stock PB Ratio (=5.45) is close to 1-year high of 5.62.

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

NSE:AIAENG' s PB Ratio Range Over the Past 10 Years
Min: 3.21   Med: 4.69   Max: 6.21
Current: 5.56

During the past 13 years, AIA Engineering's highest PB Ratio was 6.21. The lowest was 3.21. And the median was 4.69.

NSE:AIAENG's PB Ratio is ranked worse than
83.67% of 2982 companies
in the Industrial Products industry
Industry Median: 2.14 vs NSE:AIAENG: 5.56

During the past 12 months, AIA Engineering's average Book Value Per Share Growth Rate was 15.90% 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 13.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AIA Engineering was 38.70% per year. The lowest was 10.60% per year. And the median was 16.10% per year.

Back to Basics: PB Ratio


AIA Engineering  (NSE:AIAENG) 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.


AIA Engineering PB Ratio Related Terms


AIA Engineering PB Ratio Historical Data

* Premium members only.

The historical data trend for AIA 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.

AIA Engineering PB Ratio Chart

AIA 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 3.22 4.81 5.55 4.52 4.23

AIA 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 4.52 0.00 3.87 0.00 4.23

NSE:AIAENG vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, AIA 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.


AIA Engineering PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where AIA Engineering's PB Ratio falls into.


NSE:AIAENG
88GF Score
AIA Engineering Ltd NSE:AIAENG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIA 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.

AIA Engineering's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=4779.50/859.982
=5.56

* 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 5.56 mean?
AIA Engineering (NSE:AIAENG) has a PB Ratio of 5.56 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AIA Engineering and its competitors. This is 19% above median its historical median of 4.69. Over the past decade, AIA Engineering's PB Ratio has ranged from 3.21 to 6.21. According to the industry distribution chart, AIA Engineering ranks #2495 out of 2982 companies in the Industrial Products industry, placing it in the top 83.7%.
Is AIA Engineering's PB Ratio too high?
AIA Engineering's current PB Ratio of 5.56 is 19% above median its 10-year median of 4.69. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 6.21. The Industrial Products industry median PB Ratio is 2.14. AIA Engineering's value of 5.56 is 159.8% above this industry median. Based on the distribution chart, AIA Engineering ranks #2495 out of 2982 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, AIA Engineering has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIA Engineering's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, AIA Engineering ranks #2495 out of 2982 companies for PB Ratio. This places AIA Engineering in the lower half of its industry. The industry median PB Ratio is 2.14. AIA Engineering's value of 5.56 is 159.8% above this benchmark. Historically, AIA Engineering's own PB Ratio has ranged from 3.21 to 6.21 over the past decade. While the company's 10-year median is 4.69 vs. the industry median of 2.14, AIA Engineering 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 2.14, based on 2,982 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. AIA Engineering's current PB Ratio of 5.56 is 159.8% 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 AIA Engineering and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIA Engineering's current PB Ratio is 5.56, which is 19% above median its own 10-year median of 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIA Engineering stock overvalued right now?
Based on GuruFocus' analysis, AIA Engineering (NSE:AIAENG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,577.04, compared to a current price of ₹4,779.50 — trading 33.6% above its estimated fair value. The current PB Ratio is 5.56, which is 19% above median its 10-year median of 4.69 and 159.8% above the Industrial Products industry median of 2.14. AIA Engineering's overall GF Score™ is 88/100 with 8 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 AIA Engineering (NSE:AIAENG), the current PB Ratio is 5.56 as of Jul. 17, 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 AIA Engineering (NSE:AIAENG) Overvalued in 2026?

Based on GuruFocus' analysis, AIA Engineering stock appears to be overvalued. The current stock price of ₹4,779.50 is trading 33.6% above its estimated GF Value™ of ₹3,577.04. GuruFocus considers AIA Engineering to be Significantly Overvalued.

Key valuation signals for NSE:AIAENG:

  • PB Ratio: 5.56 (19% above median its 10-year median of 4.69)
  • GF Value™: ₹3,577.04 vs. price of ₹4,779.50 (33.6% above fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 159.8% above the Industrial Products median (#2495 of 2982)

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


AIA Engineering Business Description

Other Exchanges 532683:India
Address Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The Company operates in only one Segment which is Manufacturing of High Chrome Mill Internals. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.
88GF Score

Get the complete analysis for NSE:AIAENG

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

₹4,779.50
Price
₹3,577.04
GF Value