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InterGlobe AviationNSE:INDIGO -0.78%87 PB Ratio is 29.72 as of Aug. 04, 2026, which is 35% above its 10-year median of 21.94. GuruFocus rates NSE:INDIGO with a GF Score™ of 87/100 and a GF Value™ of ₹5,521.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 965 Transportation companies, InterGlobe Aviation ranks worse than 99.59% on this metric.
InterGlobe Aviation Ltd stock PB Ratio (=29.01) is close to 1-year high of 30.23.
The historical rank and industry rank for InterGlobe Aviation's PB Ratio or its related term are showing as below:
NSE:INDIGO'
s PB Ratio Range Over the Past 10 Years
Min: 5.84 Med: 21.94 Max: 622.1
Current: 28.68
During the past 12 years, InterGlobe Aviation's highest PB Ratio was 622.10. The lowest was 5.84. And the median was 21.94.
NSE:INDIGO's PB Ratio is ranked worse than 99.59% of 965
companies
in the Transportation industry
Industry Median: 1.27
vs NSE:INDIGO: 28.68
During the past 12 months, InterGlobe Aviation's average Book Value Per Share Growth Rate was -25.60% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of InterGlobe Aviation was 161.90% per year. The lowest was -75.00% per year. And the median was 52.50% 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.
InterGlobe Aviation PB Ratio Related Terms
InterGlobe Aviation PB Ratio Historical Data
* Premium members only.
The historical data trend for InterGlobe Aviation'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 Airlines subindustry, InterGlobe Aviation'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.
InterGlobe Aviation PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, InterGlobe Aviation's PB Ratio distribution charts can be found below:
* The bar in red indicates where InterGlobe Aviation'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.
InterGlobe Aviation (NSE:INDIGO) has a PB Ratio of 29.72 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on InterGlobe Aviation and its competitors. This is 35% above median its historical median of 21.94. Over the past decade, InterGlobe Aviation's PB Ratio has ranged from 5.84 to 622.10. According to the industry distribution chart, InterGlobe Aviation ranks #961 out of 965 companies in the Transportation industry, placing it in the top 99.6%.
Is InterGlobe Aviation's PB Ratio too high?
InterGlobe Aviation's current PB Ratio of 29.72 is 35% above median its 10-year median of 21.94. Over the past 10 years, this metric has ranged from a low of 5.84 to a high of 622.10. The Transportation industry median PB Ratio is 1.27. InterGlobe Aviation's value of 29.72 is 2240.2% above this industry median. Based on the distribution chart, InterGlobe Aviation ranks #961 out of 965 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, InterGlobe Aviation has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does InterGlobe Aviation's PB Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, InterGlobe Aviation ranks #961 out of 965 companies for PB Ratio. This places InterGlobe Aviation in the lower half of its industry. The industry median PB Ratio is 1.27. InterGlobe Aviation's value of 29.72 is 2240.2% above this benchmark. Historically, InterGlobe Aviation's own PB Ratio has ranged from 5.84 to 622.10 over the past decade. While the company's 10-year median is 21.94 vs. the industry median of 1.27, InterGlobe Aviation 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 Transportation company?
The median PB Ratio among Transportation companies is 1.27, based on 965 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. InterGlobe Aviation's current PB Ratio of 29.72 is 2240.2% 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 InterGlobe Aviation and its competitors. For the Transportation industry, the median PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InterGlobe Aviation's current PB Ratio is 29.72, which is 35% above median its own 10-year median of 21.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InterGlobe Aviation stock overvalued right now?
Based on GuruFocus' analysis, InterGlobe Aviation (NSE:INDIGO) is currently considered Fairly Valued. The stock's GF Value™ is ₹5,521.89, compared to a current price of ₹5,358.00 — trading 3% below its estimated fair value. The current PB Ratio is 29.72, which is 35% above median its 10-year median of 21.94 and 2240.2% above the Transportation industry median of 1.27. InterGlobe Aviation's overall GF Score™ is 87/100 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 InterGlobe Aviation (NSE:INDIGO), the current PB Ratio is 29.72 as of Aug. 04, 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 InterGlobe Aviation (NSE:INDIGO) Overvalued in 2026?
Based on GuruFocus' analysis, InterGlobe Aviation stock appears to be undervalued.
The current stock price of ₹5,358.00 is trading 3% below its estimated GF Value™ of ₹5,521.89.
GuruFocus considers InterGlobe Aviation to be Fairly Valued.
Key valuation signals for NSE:INDIGO:
PB Ratio: 29.72 (35% above median its 10-year median of 21.94)
GF Value™: ₹5,521.89 vs. price of ₹5,358.00 (3% below fair value)
Industry Position: 2240.2% above the Transportation median (#961 of 965)
No single metric tells the full story. See the NSE:INDIGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.
87GF Score
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