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Forge Auto InternationalNSE:FORGEAUTO +0.83%16 PB Ratio is 1.59 as of Jul. 28, 2026, which is 29% below its 10-year median of 2.23. GuruFocus rates NSE:FORGEAUTO with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,293 Vehicles & Parts companies, Forge Auto International ranks worse than 55.22% on this metric.
The historical rank and industry rank for Forge Auto International's PB Ratio or its related term are showing as below:
NSE:FORGEAUTO'
s PB Ratio Range Over the Past 10 Years
Min: 1.35 Med: 2.23 Max: 5.8
Current: 1.59
During the past 4 years, Forge Auto International's highest PB Ratio was 5.80. The lowest was 1.35. And the median was 2.23.
NSE:FORGEAUTO's PB Ratio is ranked worse than 55.22% of 1293
companies
in the Vehicles & Parts industry
Industry Median: 1.38
vs NSE:FORGEAUTO: 1.59
During the past 12 months, Forge Auto International's average Book Value Per Share Growth Rate was 182.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 62.10% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Forge Auto International was 62.10% per year. The lowest was 62.10% per year. And the median was 62.10% per year.
Back to Basics: PB Ratio
Forge Auto International (NSE:FORGEAUTO) PB Ratio Explanation
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.
* 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.
Forge Auto International PB Ratio Chart
Forge Auto International Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
PB Ratio
0.00
0.00
0.00
1.16
Forge Auto International Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
PB Ratio
0.00
0.00
0.00
1.16
NSE:FORGEAUTO vs ORLY, AZO: PB Ratio Comparison
For the Auto Parts subindustry, Forge Auto International'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.
Forge Auto International PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Forge Auto International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Forge Auto International'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.
* 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.
Forge Auto International (NSE:FORGEAUTO) has a PB Ratio of 1.59 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Forge Auto International and its competitors. This is 29% below median its historical median of 2.23. Over the past decade, Forge Auto International's PB Ratio has ranged from 1.35 to 5.80. According to the industry distribution chart, Forge Auto International ranks #714 out of 1293 companies in the Vehicles & Parts industry, placing it in the top 55.2%.
Is Forge Auto International's PB Ratio too high?
Forge Auto International's current PB Ratio of 1.59 is 29% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 5.80. The Vehicles & Parts industry median PB Ratio is 1.38. Forge Auto International's value of 1.59 is 15.2% above this industry median. Based on the distribution chart, Forge Auto International ranks #714 out of 1293 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Forge Auto International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forge Auto International ranks #714 out of 1293 companies for PB Ratio. This places Forge Auto International in the lower half of its industry. The industry median PB Ratio is 1.38. Forge Auto International's value of 1.59 is 15.2% above this benchmark. Historically, Forge Auto International's own PB Ratio has ranged from 1.35 to 5.80 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.38, Forge Auto International 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 1.38, based on 1,293 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. Forge Auto International's current PB Ratio of 1.59 is 15.2% 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 Forge Auto International and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Auto International's current PB Ratio is 1.59, which is 29% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current PB Ratio of 1.59. The current PB Ratio is 1.59, which is 29% below median its 10-year median of 2.23 and 15.2% above the Vehicles & Parts industry median of 1.38. Forge Auto International's overall GF Score™ is 16/100 with 3 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 Forge Auto International (NSE:FORGEAUTO), the current PB Ratio is 1.59 as of Jul. 28, 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.
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
16GF Score
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