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Bharat BijleeNSE:BBL -0.27%90 PB Ratio is 1.49 as of Jul. 22, 2026, which is 43% above its 10-year median of 1.04. GuruFocus rates NSE:BBL with a GF Score™ of 90/100 and a GF Value™ of ₹3,649.37 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,980 Industrial Products companies, Bharat Bijlee ranks better than 64.93% 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 (2026-07-22), Bharat Bijlee's share price is ₹2669.00. Bharat Bijlee's Book Value per Share for the quarter that ended in Mar. 2026 was ₹1,794.86. Hence, Bharat Bijlee's PB Ratio of today is 1.49.
The historical rank and industry rank for Bharat Bijlee's PB Ratio or its related term are showing as below:
NSE:BBL'
s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 1.04 Max: 3.03
Current: 1.48
During the past 13 years, Bharat Bijlee's highest PB Ratio was 3.03. The lowest was 0.44. And the median was 1.04.
NSE:BBL's PB Ratio is ranked better than 64.93% of 2980
companies
in the Industrial Products industry
Industry Median: 2.1
vs NSE:BBL: 1.48
During the past 12 months, Bharat Bijlee's average Book Value Per Share Growth Rate was 4.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bharat Bijlee was 37.60% per year. The lowest was -31.50% per year. And the median was 16.90% per year.
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.
Bharat Bijlee PB Ratio Related Terms
Bharat Bijlee PB Ratio Historical Data
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The historical data trend for Bharat Bijlee'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.
For the Electrical Equipment & Parts subindustry, Bharat Bijlee'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.
Bharat Bijlee PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bharat Bijlee's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bharat Bijlee's PB Ratio falls into.
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.
Bharat Bijlee's PB Ratio for today is calculated as follows:
* 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.
Bharat Bijlee (NSE:BBL) has a PB Ratio of 1.49 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bharat Bijlee and its competitors. This is 43% above median its historical median of 1.04. Over the past decade, Bharat Bijlee's PB Ratio has ranged from 0.44 to 3.03. According to the industry distribution chart, Bharat Bijlee ranks #1045 out of 2980 companies in the Industrial Products industry, placing it in the top 35.1%.
Is Bharat Bijlee's PB Ratio too high?
Bharat Bijlee's current PB Ratio of 1.49 is 43% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 3.03. The Industrial Products industry median PB Ratio is 2.10. Bharat Bijlee's value of 1.49 is 29% below this industry median. Based on the distribution chart, Bharat Bijlee ranks #1045 out of 2980 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bharat Bijlee has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Bijlee's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Bharat Bijlee ranks #1045 out of 2980 companies for PB Ratio. This puts Bharat Bijlee in the upper half of its industry. The industry median PB Ratio is 2.10. Bharat Bijlee's value of 1.49 is 29% below this benchmark. Historically, Bharat Bijlee's own PB Ratio has ranged from 0.44 to 3.03 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 2.10, Bharat Bijlee 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,980 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. Bharat Bijlee's current PB Ratio of 1.49 is 29% 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 Bharat Bijlee and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Bijlee's current PB Ratio is 1.49, which is 43% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Bijlee stock overvalued right now?
Based on GuruFocus' analysis, Bharat Bijlee (NSE:BBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,649.37, compared to a current price of ₹2,669.00 — trading 26.9% below its estimated fair value. The current PB Ratio is 1.49, which is 43% above median its 10-year median of 1.04 and 29% below the Industrial Products industry median of 2.10. Bharat Bijlee's overall GF Score™ is 90/100 with 2 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 Bharat Bijlee (NSE:BBL), the current PB Ratio is 1.49 as of Jul. 22, 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 Bharat Bijlee (NSE:BBL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Bijlee stock appears to be undervalued.
The current stock price of ₹2,669.00 is trading 26.9% below its estimated GF Value™ of ₹3,649.37.
GuruFocus considers Bharat Bijlee to be Modestly Undervalued.
Key valuation signals for NSE:BBL:
PB Ratio: 1.49 (43% above median its 10-year median of 1.04)
GF Value™: ₹3,649.37 vs. price of ₹2,669.00 (26.9% below fair value)
Industry Position: 29% below the Industrial Products median (#1045 of 2980)
No single metric tells the full story. See the NSE:BBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Bijlee Ltd offers electric motors and transformers. The company's operating business segments include Power Systems and Industrial Systems. The Power Systems segment, which generates maximum revenue, comprises the design, commissioning, and marketing of power transformers; EPC projects for electrical substations, including delivery, rectification, commissioning, and servicing of transformers, and marketing of maintenance products. The Industrial systems segment comprises the development, marketing, and manufacture of a wide range of standard and customized electric motors; magnet technology machines, and the engineering and supply of Drives and Automation systems. Geographically, it has a presence in India and Outside India, of which a majority of its revenue is derived from India.
90GF Score
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