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McNally Bharat Engineering CoNSE:MBECL +5.00%48 PB Ratio is 1.84 as of Sep. 11, 2026, which is 384% above its 10-year median of 0.38. GuruFocus rates NSE:MBECL with a GF Score™ of 48/100 and a GF Value™ of ₹62.16 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,733 Construction companies, McNally Bharat Engineering Co ranks worse than 61.28% on this metric.
McNally Bharat Engineering Co Ltd stock PB Ratio (=1.84) is close to 5-year high of 1.84.
The historical rank and industry rank for McNally Bharat Engineering Co's PB Ratio or its related term are showing as below:
NSE:MBECL'
s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.38 Max: 15.39
Current: 1.84
During the past 13 years, McNally Bharat Engineering Co's highest PB Ratio was 15.39. The lowest was 0.23. And the median was 0.38.
NSE:MBECL's PB Ratio is ranked worse than 61.28% of 1733
companies
in the Construction industry
Industry Median: 1.34
vs NSE:MBECL: 1.84
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of McNally Bharat Engineering Co was 32.50% per year. The lowest was -346.60% per year. And the median was 6.75% 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.
McNally Bharat Engineering Co PB Ratio Related Terms
McNally Bharat Engineering Co 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.
For the Engineering & Construction subindustry, McNally Bharat Engineering 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.
McNally Bharat Engineering Co PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, McNally Bharat Engineering Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where McNally Bharat Engineering Co's PB Ratio falls into.
McNally Bharat Engineering Co 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.
McNally Bharat Engineering Co (NSE:MBECL) has a PB Ratio of 1.84 as of Sep. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on McNally Bharat Engineering Co and its competitors. This is 384% above median its historical median of 0.38. Over the past decade, McNally Bharat Engineering Co's PB Ratio has ranged from 0.23 to 15.39. According to the industry distribution chart, McNally Bharat Engineering Co ranks #1062 out of 1733 companies in the Construction industry, placing it in the top 61.3%.
Is McNally Bharat Engineering Co's PB Ratio too high?
McNally Bharat Engineering Co's current PB Ratio of 1.84 is 384% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 15.39. The Construction industry median PB Ratio is 1.34. McNally Bharat Engineering Co's value of 1.84 is 37.3% above this industry median. Based on the distribution chart, McNally Bharat Engineering Co ranks #1062 out of 1733 companies in the Construction industry, which is below the industry midpoint. Overall, McNally Bharat Engineering Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does McNally Bharat Engineering Co's PB Ratio compare to PWR and EME?
According to the Construction industry distribution chart, McNally Bharat Engineering Co ranks #1062 out of 1733 companies for PB Ratio. This places McNally Bharat Engineering Co in the lower half of its industry. The industry median PB Ratio is 1.34. McNally Bharat Engineering Co's value of 1.84 is 37.3% above this benchmark. Historically, McNally Bharat Engineering Co's own PB Ratio has ranged from 0.23 to 15.39 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.34, McNally Bharat Engineering 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 a Construction company?
The median PB Ratio among Construction companies is 1.34, based on 1,733 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. McNally Bharat Engineering Co's current PB Ratio of 1.84 is 37.3% 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 McNally Bharat Engineering Co and its competitors. For the Construction industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McNally Bharat Engineering Co's current PB Ratio is 1.84, which is 384% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McNally Bharat Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, McNally Bharat Engineering Co (NSE:MBECL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹62.16, compared to a current price of ₹314.67 — trading 406.2% above its estimated fair value. The current PB Ratio is 1.84, which is 384% above median its 10-year median of 0.38 and 37.3% above the Construction industry median of 1.34. McNally Bharat Engineering Co's overall GF Score™ is 48/100 with 9 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 McNally Bharat Engineering Co (NSE:MBECL), the current PB Ratio is 1.84 as of Sep. 11, 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 McNally Bharat Engineering Co (NSE:MBECL) Overvalued in 2026?
Based on GuruFocus' analysis, McNally Bharat Engineering Co stock appears to be overvalued.
The current stock price of ₹314.67 is trading 406.2% above its estimated GF Value™ of ₹62.16.
GuruFocus considers McNally Bharat Engineering Co to be Significantly Overvalued.
Key valuation signals for NSE:MBECL:
PB Ratio: 1.84 (384% above median its 10-year median of 0.38)
GF Value™: ₹62.16 vs. price of ₹314.67 (406.2% above fair value)
Industry Position: 37.3% above the Construction median (#1062 of 1733)
No single metric tells the full story. See the NSE:MBECL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McNally Bharat Engineering Co Ltd is an engineering company. The firm is engaged in providing turnkey solutions in the areas of power, steel, coal and mining, ports, aluminum, material handling, mineral processing, pyro-processing, pneumatic handling of powdered material, including fly ash handling and high concentrate disposal, coal washing, cement, water, oil and gas, civic and industrial water supply, and others. The Group is mainly engaged in a single business segment, viz, Engineering, Procurement, and Construction.
48GF Score
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