PTC IndiaNSE:PTC +2.64%85 PB Ratio is 0.85 as of Jul. 12, 2026, which is 35% above its 10-year median of 0.63. GuruFocus rates NSE:PTC with a GF Score™ of 85/100 and a GF Value™ of ₹185.48 (Fairly Valued). The stock has 7 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, PTC India ranks better than 65.89% 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 (2026-07-12), PTC India's share price is ₹172.46. PTC India's Book Value per Share for the quarter that ended in Mar. 2026 was ₹202.05. Hence, PTC India's PB Ratio of today is 0.85.
Good Sign:
PTC India Ltd stock PB Ratio (=0.85) is close to 3-year low of 0.78.
The historical rank and industry rank for PTC India's PB Ratio or its related term are showing as below:
NSE:PTC'
s PB Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.63 Max: 1.35
Current: 0.85
During the past 13 years, PTC India's highest PB Ratio was 1.35. The lowest was 0.24. And the median was 0.63.
During the past 12 months, PTC India's average Book Value Per Share Growth Rate was 3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PTC India was 63.60% per year. The lowest was 2.80% per year. And the median was 6.60% 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.
PTC India PB Ratio Related Terms
PTC India PB Ratio Historical Data
* Premium members only.
The historical data trend for PTC India'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 Utilities - Independent Power Producers subindustry, PTC India'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.
PTC India PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PTC India's PB Ratio distribution charts can be found below:
* The bar in red indicates where PTC India'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.
PTC India'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.
PTC India (NSE:PTC) has a PB Ratio of 0.85 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PTC India and its competitors. This is 35% above median its historical median of 0.63. Over the past decade, PTC India's PB Ratio has ranged from 0.24 to 1.35. According to the industry distribution chart, PTC India ranks #147 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.1%.
Is PTC India's PB Ratio too high?
PTC India's current PB Ratio of 0.85 is 35% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.35. The Utilities - Independent Power Producers industry median PB Ratio is 1.30. PTC India's value of 0.85 is 34.6% below this industry median. Based on the distribution chart, PTC India ranks #147 out of 431 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, PTC India has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTC India's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, PTC India ranks #147 out of 431 companies for PB Ratio. This puts PTC India in the upper half of its industry. The industry median PB Ratio is 1.30. PTC India's value of 0.85 is 34.6% below this benchmark. Historically, PTC India's own PB Ratio has ranged from 0.24 to 1.35 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.30, PTC India 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.30, based on 431 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. PTC India's current PB Ratio of 0.85 is 34.6% 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 PTC India and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTC India's current PB Ratio is 0.85, which is 35% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTC India stock overvalued right now?
Based on GuruFocus' analysis, PTC India (NSE:PTC) is currently considered Fairly Valued. The stock's GF Value™ is ₹185.48, compared to a current price of ₹172.46 — trading 7% below its estimated fair value. The current PB Ratio is 0.85, which is 35% above median its 10-year median of 0.63 and 34.6% below the Utilities - Independent Power Producers industry median of 1.30. PTC India's overall GF Score™ is 85/100 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 PTC India (NSE:PTC), the current PB Ratio is 0.85 as of Jul. 12, 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 PTC India (NSE:PTC) Overvalued in 2026?
Based on GuruFocus' analysis, PTC India stock appears to be undervalued.
The current stock price of ₹172.46 is trading 7% below its estimated GF Value™ of ₹185.48.
GuruFocus considers PTC India to be Fairly Valued.
Key valuation signals for NSE:PTC:
PB Ratio: 0.85 (35% above median its 10-year median of 0.63)
GF Value™: ₹185.48 vs. price of ₹172.46 (7% below fair value)
Industry Position: 34.6% below the Utilities - Independent Power Producers median (#147 of 431)
No single metric tells the full story. See the NSE:PTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PTC India Ltd is a holding company. It is involved in the trading of electricity and offers power trading solutions in India. The company's segments include Power: it includes trading & generation of power. Financing business: It includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources, and fuel-related infrastructure. The company derives the majority of its revenue from India.
85GF Score
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