Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Kirloskar Electric CoNSE:KECL -1.98%73 PB Ratio is 6.00 as of Jul. 19, 2026, which is 14% below its 10-year median of 6.98. GuruFocus rates NSE:KECL with a GF Score™ of 73/100 and a GF Value™ of ₹139.63 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,981 Industrial Products companies, Kirloskar Electric Co ranks worse than 85.71% on this metric.
The historical rank and industry rank for Kirloskar Electric Co's PB Ratio or its related term are showing as below:
NSE:KECL'
s PB Ratio Range Over the Past 10 Years
Min: 1.9 Med: 6.98 Max: 27.15
Current: 6.01
During the past 13 years, Kirloskar Electric Co's highest PB Ratio was 27.15. The lowest was 1.90. And the median was 6.98.
NSE:KECL's PB Ratio is ranked worse than 85.71% of 2981
companies
in the Industrial Products industry
Industry Median: 2.11
vs NSE:KECL: 6.01
During the past 12 months, Kirloskar Electric Co's average Book Value Per Share Growth Rate was 14.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kirloskar Electric Co was 57.50% per year. The lowest was -29.20% per year. And the median was 9.10% per year.
Back to Basics: PB Ratio
Kirloskar Electric Co (NSE:KECL) 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.
For the Specialty Industrial Machinery subindustry, Kirloskar Electric Co'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.
Kirloskar Electric Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kirloskar Electric Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kirloskar Electric Co'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.
Kirloskar Electric Co (NSE:KECL) has a PB Ratio of 6.00 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kirloskar Electric Co and its competitors. This is 14% below median its historical median of 6.98. Over the past decade, Kirloskar Electric Co's PB Ratio has ranged from 1.90 to 27.15. According to the industry distribution chart, Kirloskar Electric Co ranks #2555 out of 2981 companies in the Industrial Products industry, placing it in the top 85.7%.
Is Kirloskar Electric Co's PB Ratio too high?
Kirloskar Electric Co's current PB Ratio of 6.00 is 14% below median its 10-year median of 6.98. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 27.15. The Industrial Products industry median PB Ratio is 2.11. Kirloskar Electric Co's value of 6.00 is 184.4% above this industry median. Based on the distribution chart, Kirloskar Electric Co ranks #2555 out of 2981 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kirloskar Electric Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kirloskar Electric Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kirloskar Electric Co ranks #2555 out of 2981 companies for PB Ratio. This places Kirloskar Electric Co in the lower half of its industry. The industry median PB Ratio is 2.11. Kirloskar Electric Co's value of 6.00 is 184.4% above this benchmark. Historically, Kirloskar Electric Co's own PB Ratio has ranged from 1.90 to 27.15 over the past decade. While the company's 10-year median is 6.98 vs. the industry median of 2.11, Kirloskar Electric Co 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 2.11, based on 2,981 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. Kirloskar Electric Co's current PB Ratio of 6.00 is 184.4% 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 Kirloskar Electric Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirloskar Electric Co's current PB Ratio is 6.00, which is 14% below median its own 10-year median of 6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirloskar Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Kirloskar Electric Co (NSE:KECL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹139.63, compared to a current price of ₹119.11 — trading 14.7% below its estimated fair value. The current PB Ratio is 6.00, which is 14% below median its 10-year median of 6.98 and 184.4% above the Industrial Products industry median of 2.11. Kirloskar Electric Co's overall GF Score™ is 73/100 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 Kirloskar Electric Co (NSE:KECL), the current PB Ratio is 6.00 as of Jul. 19, 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 Kirloskar Electric Co (NSE:KECL) Overvalued in 2026?
Based on GuruFocus' analysis, Kirloskar Electric Co stock appears to be undervalued.
The current stock price of ₹119.11 is trading 14.7% below its estimated GF Value™ of ₹139.63.
GuruFocus considers Kirloskar Electric Co to be Modestly Undervalued.
Key valuation signals for NSE:KECL:
PB Ratio: 6.00 (14% below median its 10-year median of 6.98)
GF Value™: ₹139.63 vs. price of ₹119.11 (14.7% below fair value)
Industry Position: 184.4% above the Industrial Products median (#2555 of 2981)
No single metric tells the full story. See the NSE:KECL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kirloskar Electric Co Ltd is an electrical engineering company. The company is engaged in the manufacture of electrical equipment like motors, alternators, and generators, switchgear, transformers, DG sets, and others in India and internationally. The company has different product groups like transformer and distribution groups, large machine groups, low voltage machine groups, and power generation groups. The company caters to economic sectors like power generation, transmission and distribution, transportation, renewable energy, and others. The operating reportable segments of the company are: Power generation and distribution, Rotating machine group, and Others. The company generates maximum revenue from the Rotating machines group segment.
73GF Score
Get the complete analysis for NSE:KECL
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:KECL has been successfully added to your 
