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Gayatri ProjectsNSE:GAYAPROJ +0.73%41 PB Ratio is 0.64 as of Jul. 26, 2026, which is 6% below its 10-year median of 0.68. GuruFocus rates NSE:GAYAPROJ with a GF Score™ of 41/100 and a GF Value™ of ₹12.04 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,721 Construction companies, Gayatri Projects ranks better than 78.09% 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 (2026-07-26), Gayatri Projects's share price is ₹20.73. Gayatri Projects's Book Value per Share for the quarter that ended in Mar. 2026 was ₹32.42. Hence, Gayatri Projects's PB Ratio of today is 0.64.
The historical rank and industry rank for Gayatri Projects's PB Ratio or its related term are showing as below:
NSE:GAYAPROJ'
s PB Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.68 Max: 2.94
Current: 0.64
During the past 13 years, Gayatri Projects's highest PB Ratio was 2.94. The lowest was 0.19. And the median was 0.68.
NSE:GAYAPROJ's PB Ratio is ranked better than 78.09% of 1721
companies
in the Construction industry
Industry Median: 1.32
vs NSE:GAYAPROJ: 0.64
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gayatri Projects was 26.40% per year. The lowest was -565.00% per year. And the median was 3.30% per year.
Back to Basics: PB Ratio
Gayatri Projects (NSE:GAYAPROJ) 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.
Gayatri Projects PB Ratio Related Terms
Gayatri Projects PB Ratio Historical Data
* Premium members only.
The historical data trend for Gayatri Projects'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.
NSE:GAYAPROJ vs PWR, FIX, EME: PB Ratio Comparison
For the Engineering & Construction subindustry, Gayatri Projects'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.
Gayatri Projects PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Gayatri Projects's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gayatri Projects'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.
Gayatri Projects (NSE:GAYAPROJ) has a PB Ratio of 0.64 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gayatri Projects and its competitors. This is near median its historical median of 0.68. Over the past decade, Gayatri Projects' PB Ratio has ranged from 0.19 to 2.94. According to the industry distribution chart, Gayatri Projects ranks #377 out of 1721 companies in the Construction industry, placing it in the top 21.9%.
Is Gayatri Projects' PB Ratio too high?
Gayatri Projects' current PB Ratio of 0.64 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.94. The Construction industry median PB Ratio is 1.32. Gayatri Projects' value of 0.64 is 51.5% below this industry median. Based on the distribution chart, Gayatri Projects ranks #377 out of 1721 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Gayatri Projects has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gayatri Projects' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Gayatri Projects ranks #377 out of 1721 companies for PB Ratio. This places Gayatri Projects in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.32. Gayatri Projects' value of 0.64 is 51.5% below this benchmark. Historically, Gayatri Projects' own PB Ratio has ranged from 0.19 to 2.94 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.32, Gayatri Projects 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 a Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,721 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. Gayatri Projects's current PB Ratio of 0.64 is 51.5% 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 Gayatri Projects and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gayatri Projects's current PB Ratio is 0.64, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gayatri Projects stock overvalued right now?
Based on GuruFocus' analysis, Gayatri Projects (NSE:GAYAPROJ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹12.04, compared to a current price of ₹20.73 — trading 72.2% above its estimated fair value. The current PB Ratio is 0.64, which is near median its 10-year median of 0.68 and 51.5% below the Construction industry median of 1.32. Gayatri Projects' overall GF Score™ is 41/100 with 5 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 Gayatri Projects (NSE:GAYAPROJ), the current PB Ratio is 0.64 as of Jul. 26, 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 Gayatri Projects (NSE:GAYAPROJ) Overvalued in 2026?
Based on GuruFocus' analysis, Gayatri Projects stock appears to be overvalued.
The current stock price of ₹20.73 is trading 72.2% above its estimated GF Value™ of ₹12.04.
GuruFocus considers Gayatri Projects to be Significantly Overvalued.
Key valuation signals for NSE:GAYAPROJ:
PB Ratio: 0.64 (near median its 10-year median of 0.68)
GF Value™: ₹12.04 vs. price of ₹20.73 (72.2% above fair value)
Industry Position: 51.5% below the Construction median (#377 of 1721)
No single metric tells the full story. See the NSE:GAYAPROJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gayatri Projects Ltd is an Indian infrastructure company. Its operations predominantly consist of construction and project activities. It executes works in several high-growth sectors within the infrastructure space, such as roads, irrigation, rail, airport development, power, mining, and industrial works. The company also has a presence in EPC (Engineering Procurement and Construction) construction of roads. It generates revenue from construction and contract activities.
41GF Score
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