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Honda India Power Products Ltd stock PB Ratio (=2.66) is close to 1-year low of 2.51.
The historical rank and industry rank for Honda India Power Products's PB Ratio or its related term are showing as below:
NSE:HONDAPOWER'
s PB Ratio Range Over the Past 10 Years
Min: 1.37 Med: 2.86 Max: 5.13
Current: 2.7
During the past 13 years, Honda India Power Products's highest PB Ratio was 5.13. The lowest was 1.37. And the median was 2.86.
NSE:HONDAPOWER's PB Ratio is ranked worse than 61.07% of 2985
companies
in the Industrial Products industry
Industry Median: 2.12
vs NSE:HONDAPOWER: 2.70
During the past 12 months, Honda India Power Products's average Book Value Per Share Growth Rate was -7.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Honda India Power Products was 13.40% per year. The lowest was 2.90% per year. And the median was 9.30% per year.
Back to Basics: PB Ratio
Honda India Power Products (NSE:HONDAPOWER) 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.
Honda India Power Products PB Ratio Related Terms
Honda India Power Products PB Ratio Historical Data
* 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:HONDAPOWER vs GEV, ETN, PH: PB Ratio Comparison
For the Specialty Industrial Machinery subindustry, Honda India Power Products'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.
Honda India Power Products PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Honda India Power Products's PB Ratio distribution charts can be found below:
* The bar in red indicates where Honda India Power Products'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.
Honda India Power Products (NSE:HONDAPOWER) has a PB Ratio of 2.68 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 Honda India Power Products and its competitors. This is near median its historical median of 2.86. Over the past decade, Honda India Power Products' PB Ratio has ranged from 1.37 to 5.13. According to the industry distribution chart, Honda India Power Products ranks #1823 out of 2985 companies in the Industrial Products industry, placing it in the top 61.1%.
Is Honda India Power Products' PB Ratio too high?
Honda India Power Products' current PB Ratio of 2.68 is near median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 5.13. The Industrial Products industry median PB Ratio is 2.12. Honda India Power Products' value of 2.68 is 26.4% above this industry median. Based on the distribution chart, Honda India Power Products ranks #1823 out of 2985 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Honda India Power Products has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honda India Power Products' PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Honda India Power Products ranks #1823 out of 2985 companies for PB Ratio. This places Honda India Power Products in the lower half of its industry. The industry median PB Ratio is 2.12. Honda India Power Products' value of 2.68 is 26.4% above this benchmark. Historically, Honda India Power Products' own PB Ratio has ranged from 1.37 to 5.13 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 2.12, Honda India Power Products 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 2.12, based on 2,985 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. Honda India Power Products's current PB Ratio of 2.68 is 26.4% 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 Honda India Power Products and its competitors. For the Industrial Products industry, the median PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda India Power Products's current PB Ratio is 2.68, which is near median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda India Power Products stock overvalued right now?
Based on GuruFocus' analysis, Honda India Power Products (NSE:HONDAPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,298.47, compared to a current price of ₹2,124.20 — trading 7.6% below its estimated fair value. The current PB Ratio is 2.68, which is near median its 10-year median of 2.86 and 26.4% above the Industrial Products industry median of 2.12. Honda India Power Products' overall GF Score™ is 73/100 with 4 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 Honda India Power Products (NSE:HONDAPOWER), the current PB Ratio is 2.68 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.
Is Honda India Power Products (NSE:HONDAPOWER) Overvalued in 2026?
Based on GuruFocus' analysis, Honda India Power Products stock appears to be undervalued.
The current stock price of ₹2,124.20 is trading 7.6% below its estimated GF Value™ of ₹2,298.47.
GuruFocus considers Honda India Power Products to be Fairly Valued.
Key valuation signals for NSE:HONDAPOWER:
PB Ratio: 2.68 (near median its 10-year median of 2.86)
GF Value™: ₹2,298.47 vs. price of ₹2,124.20 (7.6% below fair value)
Industry Position: 26.4% above the Industrial Products median (#1823 of 2985)
No single metric tells the full story. See the NSE:HONDAPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honda India Power Products Ltd is engaged in manufacturing and marketing the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters, tillers, and marine engines. The geographical spread of the company business is present across Indian as well as international markets and generating revenues from the sale of its products.
73GF Score
Get the complete analysis for NSE:HONDAPOWER
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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