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Lokesh MachinesNSE:LOKESHMACH -0.43%60 PB Ratio is 3.07 as of Aug. 13, 2026, which is 279% above its 10-year median of 0.81. GuruFocus rates NSE:LOKESHMACH with a GF Score™ of 60/100 and a GF Value™ of ₹173.33 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,979 Industrial Products companies, Lokesh Machines ranks worse than 64.01% 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 (2026-08-13), Lokesh Machines's share price is ₹347.00. Lokesh Machines's Book Value per Share for the quarter that ended in Dec. 2025 was ₹112.86. Hence, Lokesh Machines's PB Ratio of today is 3.07.
Warning Sign:
Lokesh Machines Ltd stock PB Ratio (=3.1) is close to 1-year high of 3.1.
The historical rank and industry rank for Lokesh Machines's PB Ratio or its related term are showing as below:
NSE:LOKESHMACH'
s PB Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.81 Max: 4.29
Current: 3.12
During the past 13 years, Lokesh Machines's highest PB Ratio was 4.29. The lowest was 0.19. And the median was 0.81.
NSE:LOKESHMACH's PB Ratio is ranked worse than 64.01% of 2979
companies
in the Industrial Products industry
Industry Median: 2.21
vs NSE:LOKESHMACH: 3.12
During the past 12 months, Lokesh Machines's average Book Value Per Share Growth Rate was 4.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lokesh Machines was 9.80% per year. The lowest was -4.20% per year. And the median was 2.10% 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.
Lokesh Machines PB Ratio Related Terms
Lokesh Machines PB Ratio Historical Data
* Premium members only.
The historical data trend for Lokesh Machines'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:LOKESHMACH vs GEV, ETN, PH: PB Ratio Comparison
For the Specialty Industrial Machinery subindustry, Lokesh Machines'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.
Lokesh Machines PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lokesh Machines's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lokesh Machines'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.
Lokesh Machines's PB Ratio for today is calculated as follows:
* 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.
Lokesh Machines (NSE:LOKESHMACH) has a PB Ratio of 3.07 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lokesh Machines and its competitors. This is 279% above median its historical median of 0.81. Over the past decade, Lokesh Machines' PB Ratio has ranged from 0.19 to 4.29. According to the industry distribution chart, Lokesh Machines ranks #1907 out of 2979 companies in the Industrial Products industry, placing it in the top 64%.
Is Lokesh Machines' PB Ratio too high?
Lokesh Machines' current PB Ratio of 3.07 is 279% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 4.29. The Industrial Products industry median PB Ratio is 2.21. Lokesh Machines' value of 3.07 is 38.9% above this industry median. Based on the distribution chart, Lokesh Machines ranks #1907 out of 2979 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lokesh Machines has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lokesh Machines' PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lokesh Machines ranks #1907 out of 2979 companies for PB Ratio. This places Lokesh Machines in the lower half of its industry. The industry median PB Ratio is 2.21. Lokesh Machines' value of 3.07 is 38.9% above this benchmark. Historically, Lokesh Machines' own PB Ratio has ranged from 0.19 to 4.29 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 2.21, Lokesh Machines 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 2.21, based on 2,979 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. Lokesh Machines's current PB Ratio of 3.07 is 38.9% 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 Lokesh Machines and its competitors. For the Industrial Products industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lokesh Machines's current PB Ratio is 3.07, which is 279% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lokesh Machines stock overvalued right now?
Based on GuruFocus' analysis, Lokesh Machines (NSE:LOKESHMACH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹173.33, compared to a current price of ₹347.00 — trading 100.2% above its estimated fair value. The current PB Ratio is 3.07, which is 279% above median its 10-year median of 0.81 and 38.9% above the Industrial Products industry median of 2.21. Lokesh Machines' overall GF Score™ is 60/100 with 7 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 Lokesh Machines (NSE:LOKESHMACH), the current PB Ratio is 3.07 as of Aug. 13, 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 Lokesh Machines (NSE:LOKESHMACH) Overvalued in 2026?
Based on GuruFocus' analysis, Lokesh Machines stock appears to be overvalued.
The current stock price of ₹347.00 is trading 100.2% above its estimated GF Value™ of ₹173.33.
GuruFocus considers Lokesh Machines to be Significantly Overvalued.
Key valuation signals for NSE:LOKESHMACH:
PB Ratio: 3.07 (279% above median its 10-year median of 0.81)
GF Value™: ₹173.33 vs. price of ₹347.00 (100.2% above fair value)
Industry Position: 38.9% above the Industrial Products median (#1907 of 2979)
No single metric tells the full story. See the NSE:LOKESHMACH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lokesh Machines Ltd is engaged in the manufacturing of machines, tools, and components. It is involved in the manufacture of Special Purpose Machines (SPMs), General Purpose Machines/CNC Lathes (GPMs), Connecting Rods, and the machining of Cylinder Blocks and Heads, as well as other related activities. The company is organized into two business segments: the Machines Division and the Component Division. Maximum revenue is generated from its Machines Division. Geographically, the company derives the majority of its revenue from its business in India, with the remainder coming from exports to markets such as Turkey, Italy, the USA, and the Middle East, supported by a widespread dealer network spanning South Africa, Italy, Turkey, and Bahrain.
60GF Score
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