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Olectra GreentechNSE:OLECTRA -0.21%83 PB Ratio is 8.85 as of Aug. 03, 2026, which is 12% above its 10-year median of 7.89. GuruFocus rates NSE:OLECTRA with a GF Score™ of 83/100 and a GF Value™ of ₹2,344.30 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 203 Farm & Heavy Construction Machinery companies, Olectra Greentech ranks worse than 97.04% on this metric.
The historical rank and industry rank for Olectra Greentech's PB Ratio or its related term are showing as below:
NSE:OLECTRA'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 7.89 Max: 17.26
Current: 8.87
During the past 13 years, Olectra Greentech's highest PB Ratio was 17.26. The lowest was 0.58. And the median was 7.89.
NSE:OLECTRA's PB Ratio is ranked worse than 97.04% of 203
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.51
vs NSE:OLECTRA: 8.87
During the past 12 months, Olectra Greentech's average Book Value Per Share Growth Rate was 17.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 22.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Olectra Greentech was 76.70% per year. The lowest was -12.70% per year. And the median was 3.95% 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.
Olectra Greentech PB Ratio Related Terms
Olectra Greentech PB Ratio Historical Data
* Premium members only.
The historical data trend for Olectra Greentech'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 Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.
Olectra Greentech PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's PB Ratio distribution charts can be found below:
* The bar in red indicates where Olectra Greentech'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.
Olectra Greentech (NSE:OLECTRA) has a PB Ratio of 8.85 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Olectra Greentech and its competitors. This is 12% above median its historical median of 7.89. Over the past decade, Olectra Greentech's PB Ratio has ranged from 0.58 to 17.26. According to the industry distribution chart, Olectra Greentech ranks #197 out of 203 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 97%.
Is Olectra Greentech's PB Ratio too high?
Olectra Greentech's current PB Ratio of 8.85 is 12% above median its 10-year median of 7.89. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 17.26. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.51. Olectra Greentech's value of 8.85 is 486.1% above this industry median. Based on the distribution chart, Olectra Greentech ranks #197 out of 203 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Olectra Greentech has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Olectra Greentech's PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Olectra Greentech ranks #197 out of 203 companies for PB Ratio. This places Olectra Greentech in the lower half of its industry. The industry median PB Ratio is 1.51. Olectra Greentech's value of 8.85 is 486.1% above this benchmark. Historically, Olectra Greentech's own PB Ratio has ranged from 0.58 to 17.26 over the past decade. While the company's 10-year median is 7.89 vs. the industry median of 1.51, Olectra Greentech 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 Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 203 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. Olectra Greentech's current PB Ratio of 8.85 is 486.1% 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 Olectra Greentech and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olectra Greentech's current PB Ratio is 8.85, which is 12% above median its own 10-year median of 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olectra Greentech stock overvalued right now?
Based on GuruFocus' analysis, Olectra Greentech (NSE:OLECTRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,344.30, compared to a current price of ₹1,324.20 — trading 43.5% below its estimated fair value. The current PB Ratio is 8.85, which is 12% above median its 10-year median of 7.89 and 486.1% above the Farm & Heavy Construction Machinery industry median of 1.51. Olectra Greentech's overall GF Score™ is 83/100 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 Olectra Greentech (NSE:OLECTRA), the current PB Ratio is 8.85 as of Aug. 03, 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 Olectra Greentech (NSE:OLECTRA) Overvalued in 2026?
Based on GuruFocus' analysis, Olectra Greentech stock appears to be undervalued.
The current stock price of ₹1,324.20 is trading 43.5% below its estimated GF Value™ of ₹2,344.30.
GuruFocus considers Olectra Greentech to be Possible Value Trap.
Key valuation signals for NSE:OLECTRA:
PB Ratio: 8.85 (12% above median its 10-year median of 7.89)
GF Value™: ₹2,344.30 vs. price of ₹1,324.20 (43.5% below fair value)
Industry Position: 486.1% above the Farm & Heavy Construction Machinery median (#197 of 203)
No single metric tells the full story. See the NSE:OLECTRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olectra Greentech Ltd is engaged in the manufacturing of polymer insulators, electric trucks, and electric buses in India. The company's reportable segments are; Composite Polymer Insulators, and the E-Vehicle division which derives the majority of its revenue, and includes electric buses and trucks.
83GF Score
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