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IRB Infrastructure Developers Ltd stock PB Ratio (=1.17) is close to 3-year low of 1.17.
The historical rank and industry rank for IRB Infrastructure Developers's PB Ratio or its related term are showing as below:
NSE:IRB'
s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 1.25 Max: 3.39
Current: 1.15
During the past 13 years, IRB Infrastructure Developers's highest PB Ratio was 3.39. The lowest was 0.27. And the median was 1.25.
NSE:IRB's PB Ratio is ranked better than 55.81% of 1722
companies
in the Construction industry
Industry Median: 1.33
vs NSE:IRB: 1.15
During the past 12 months, IRB Infrastructure Developers's average Book Value Per Share Growth Rate was 5.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IRB Infrastructure Developers was 59.00% per year. The lowest was 5.00% per year. And the median was 12.00% per year.
Back to Basics: PB Ratio
IRB Infrastructure Developers (NSE:IRB) 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.
IRB Infrastructure Developers PB Ratio Related Terms
IRB Infrastructure Developers 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.
IRB Infrastructure Developers PB Ratio Competitor Comparison
For the Infrastructure Operations subindustry, IRB Infrastructure Developers'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.
IRB Infrastructure Developers PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, IRB Infrastructure Developers's PB Ratio distribution charts can be found below:
* The bar in red indicates where IRB Infrastructure Developers's PB Ratio falls into.
IRB Infrastructure Developers PB Ratio Calculation
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.
IRB Infrastructure Developers (NSE:IRB) has a PB Ratio of 1.16 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IRB Infrastructure Developers and its competitors. This is near median its historical median of 1.25. Over the past decade, IRB Infrastructure Developers' PB Ratio has ranged from 0.27 to 3.39. According to the industry distribution chart, IRB Infrastructure Developers ranks #761 out of 1722 companies in the Construction industry, placing it in the top 44.2%.
Is IRB Infrastructure Developers' PB Ratio too high?
IRB Infrastructure Developers' current PB Ratio of 1.16 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 3.39. The Construction industry median PB Ratio is 1.33. IRB Infrastructure Developers' value of 1.16 is 12.8% below this industry median. Based on the distribution chart, IRB Infrastructure Developers ranks #761 out of 1722 companies in the Construction industry, which is above the industry midpoint. Overall, IRB Infrastructure Developers has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IRB Infrastructure Developers' PB Ratio compare to competitors?
According to the Construction industry distribution chart, IRB Infrastructure Developers ranks #761 out of 1722 companies for PB Ratio. This puts IRB Infrastructure Developers in the upper half of its industry. The industry median PB Ratio is 1.33. IRB Infrastructure Developers' value of 1.16 is 12.8% below this benchmark. Historically, IRB Infrastructure Developers' own PB Ratio has ranged from 0.27 to 3.39 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.33, IRB Infrastructure Developers 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 1.33, based on 1,722 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. IRB Infrastructure Developers's current PB Ratio of 1.16 is 12.8% 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 IRB Infrastructure Developers and its competitors. For the Construction industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRB Infrastructure Developers's current PB Ratio is 1.16, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRB Infrastructure Developers stock overvalued right now?
Based on GuruFocus' analysis, IRB Infrastructure Developers (NSE:IRB) is currently considered Fairly Valued. The stock's GF Value™ is ₹21.88, compared to a current price of ₹20.09 — trading 8.2% below its estimated fair value. The current PB Ratio is 1.16, which is near median its 10-year median of 1.25 and 12.8% below the Construction industry median of 1.33. IRB Infrastructure Developers' overall GF Score™ is 75/100 with 8 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 IRB Infrastructure Developers (NSE:IRB), the current PB Ratio is 1.16 as of Jul. 16, 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 IRB Infrastructure Developers (NSE:IRB) Overvalued in 2026?
Based on GuruFocus' analysis, IRB Infrastructure Developers stock appears to be undervalued.
The current stock price of ₹20.09 is trading 8.2% below its estimated GF Value™ of ₹21.88.
GuruFocus considers IRB Infrastructure Developers to be Fairly Valued.
Key valuation signals for NSE:IRB:
PB Ratio: 1.16 (near median its 10-year median of 1.25)
GF Value™: ₹21.88 vs. price of ₹20.09 (8.2% below fair value)
Industry Position: 12.8% below the Construction median (#761 of 1722)
No single metric tells the full story. See the NSE:IRB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRB Infrastructure Developers Business Description
IRB Infrastructure Developers Ltd is an infrastructure and construction company. The company organizes itself into segments: Built, Operate and Transfer (BOT)/ Toll, Operate and Transfer (TOT) segment consist of operation and maintenance of roads; InvITs & Related Assets segment consists of investments in units of IRB Infrastructure Trust, IRB InvIT Fund and other related assets; and Construction segment consists of development and maintenance of roads. It derives maximum revenue from Construction segment.
75GF Score
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