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TCI ExpressNSE:TCIEXP +2.44%83 PB Ratio is 2.71 as of Jul. 17, 2026, which is 71% below its 10-year median of 9.36. GuruFocus rates NSE:TCIEXP with a GF Score™ of 83/100 and a GF Value™ of ₹915.63 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 965 Transportation companies, TCI Express ranks worse than 80% 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 (2026-07-17), TCI Express's share price is ₹576.75. TCI Express's Book Value per Share for the quarter that ended in Mar. 2026 was ₹213.12. Hence, TCI Express's PB Ratio of today is 2.71.
The historical rank and industry rank for TCI Express's PB Ratio or its related term are showing as below:
NSE:TCIEXP'
s PB Ratio Range Over the Past 10 Years
Min: 2.3 Med: 9.36 Max: 18.07
Current: 2.71
During the past 12 years, TCI Express's highest PB Ratio was 18.07. The lowest was 2.30. And the median was 9.36.
NSE:TCIEXP's PB Ratio is ranked worse than 80% of 965
companies
in the Transportation industry
Industry Median: 1.24
vs NSE:TCIEXP: 2.71
During the past 12 months, TCI Express's average Book Value Per Share Growth Rate was 7.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 21.30% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of TCI Express was 1551.10% per year. The lowest was 11.00% per year. And the median was 25.90% 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.
TCI Express PB Ratio Related Terms
TCI Express PB Ratio Historical Data
* Premium members only.
The historical data trend for TCI Express'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 Integrated Freight & Logistics subindustry, TCI Express'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.
TCI Express PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, TCI Express's PB Ratio distribution charts can be found below:
* The bar in red indicates where TCI Express'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.
TCI Express'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.
TCI Express (NSE:TCIEXP) has a PB Ratio of 2.71 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TCI Express and its competitors. This is 71% below median its historical median of 9.36. Over the past decade, TCI Express' PB Ratio has ranged from 2.30 to 18.07. According to the industry distribution chart, TCI Express ranks #772 out of 965 companies in the Transportation industry, placing it in the top 80%.
Is TCI Express' PB Ratio too high?
TCI Express' current PB Ratio of 2.71 is 71% below median its 10-year median of 9.36. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 18.07. The Transportation industry median PB Ratio is 1.24. TCI Express' value of 2.71 is 118.5% above this industry median. Based on the distribution chart, TCI Express ranks #772 out of 965 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, TCI Express 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 TCI Express' PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, TCI Express ranks #772 out of 965 companies for PB Ratio. This places TCI Express in the lower half of its industry. The industry median PB Ratio is 1.24. TCI Express' value of 2.71 is 118.5% above this benchmark. Historically, TCI Express' own PB Ratio has ranged from 2.30 to 18.07 over the past decade. While the company's 10-year median is 9.36 vs. the industry median of 1.24, TCI Express 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 Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 965 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. TCI Express's current PB Ratio of 2.71 is 118.5% 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 TCI Express and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCI Express's current PB Ratio is 2.71, which is 71% below median its own 10-year median of 9.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCI Express stock overvalued right now?
Based on GuruFocus' analysis, TCI Express (NSE:TCIEXP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹915.63, compared to a current price of ₹576.75 — trading 37% below its estimated fair value. The current PB Ratio is 2.71, which is 71% below median its 10-year median of 9.36 and 118.5% above the Transportation industry median of 1.24. TCI Express' overall GF Score™ is 83/100 with 6 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 TCI Express (NSE:TCIEXP), the current PB Ratio is 2.71 as of Jul. 17, 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 TCI Express (NSE:TCIEXP) Overvalued in 2026?
Based on GuruFocus' analysis, TCI Express stock appears to be undervalued.
The current stock price of ₹576.75 is trading 37% below its estimated GF Value™ of ₹915.63.
GuruFocus considers TCI Express to be Possible Value Trap.
Key valuation signals for NSE:TCIEXP:
PB Ratio: 2.71 (71% below median its 10-year median of 9.36)
GF Value™: ₹915.63 vs. price of ₹576.75 (37% below fair value)
Industry Position: 118.5% above the Transportation median (#772 of 965)
No single metric tells the full story. See the NSE:TCIEXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCI Express Ltd is a courier service company. The company provides surface express, domestic air express, international air express, e-commerce express, and others. It serves industries such as automobiles, retail, telecom, pharmaceuticals, and e-commerce. The company's only reportable segment being Express Cargo.
83GF Score
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