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TeamLease ServicesNSE:TEAMLEASE +0.98%85 PB Ratio is 2.15 as of Jul. 23, 2026, which is 66% below its 10-year median of 6.25. GuruFocus rates NSE:TEAMLEASE with a GF Score™ of 85/100 and a GF Value™ of ₹3,424.28 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,047 Business Services companies, TeamLease Services ranks worse than 61.6% on this metric.
The historical rank and industry rank for TeamLease Services's PB Ratio or its related term are showing as below:
NSE:TEAMLEASE'
s PB Ratio Range Over the Past 10 Years
Min: 1.88 Med: 6.25 Max: 13.6
Current: 2.16
During the past 12 years, TeamLease Services's highest PB Ratio was 13.60. The lowest was 1.88. And the median was 6.25.
NSE:TEAMLEASE's PB Ratio is ranked worse than 61.6% of 1047
companies
in the Business Services industry
Industry Median: 1.65
vs NSE:TEAMLEASE: 2.16
During the past 12 months, TeamLease Services's average Book Value Per Share Growth Rate was 14.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of TeamLease Services was 43.70% per year. The lowest was 7.70% per year. And the median was 12.20% per year.
Back to Basics: PB Ratio
TeamLease Services (NSE:TEAMLEASE) PB Ratio Explanation
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.
TeamLease Services PB Ratio Related Terms
TeamLease Services PB Ratio Historical Data
* Premium members only.
The historical data trend for TeamLease Services'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:TEAMLEASE vs KFY, RHI, TNET: PB Ratio Comparison
For the Staffing & Employment Services subindustry, TeamLease Services'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.
TeamLease Services PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, TeamLease Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where TeamLease Services'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.
TeamLease Services (NSE:TEAMLEASE) has a PB Ratio of 2.15 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TeamLease Services and its competitors. This is 66% below median its historical median of 6.25. Over the past decade, TeamLease Services' PB Ratio has ranged from 1.88 to 13.60. According to the industry distribution chart, TeamLease Services ranks #645 out of 1047 companies in the Business Services industry, placing it in the top 61.6%.
Is TeamLease Services' PB Ratio too high?
TeamLease Services' current PB Ratio of 2.15 is 66% below median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 13.60. The Business Services industry median PB Ratio is 1.65. TeamLease Services' value of 2.15 is 30.3% above this industry median. Based on the distribution chart, TeamLease Services ranks #645 out of 1047 companies in the Business Services industry, which is below the industry midpoint. Overall, TeamLease Services has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TeamLease Services' PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, TeamLease Services ranks #645 out of 1047 companies for PB Ratio. This places TeamLease Services in the lower half of its industry. The industry median PB Ratio is 1.65. TeamLease Services' value of 2.15 is 30.3% above this benchmark. Historically, TeamLease Services' own PB Ratio has ranged from 1.88 to 13.60 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 1.65, TeamLease Services 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 Business Services company?
The median PB Ratio among Business Services companies is 1.65, based on 1,047 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. TeamLease Services's current PB Ratio of 2.15 is 30.3% 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 TeamLease Services and its competitors. For the Business Services industry, the median PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamLease Services's current PB Ratio is 2.15, which is 66% below median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamLease Services stock overvalued right now?
Based on GuruFocus' analysis, TeamLease Services (NSE:TEAMLEASE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,424.28, compared to a current price of ₹1,338.40 — trading 60.9% below its estimated fair value. The current PB Ratio is 2.15, which is 66% below median its 10-year median of 6.25 and 30.3% above the Business Services industry median of 1.65. TeamLease Services' overall GF Score™ is 85/100 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 TeamLease Services (NSE:TEAMLEASE), the current PB Ratio is 2.15 as of Jul. 23, 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 TeamLease Services (NSE:TEAMLEASE) Overvalued in 2026?
Based on GuruFocus' analysis, TeamLease Services stock appears to be undervalued.
The current stock price of ₹1,338.40 is trading 60.9% below its estimated GF Value™ of ₹3,424.28.
GuruFocus considers TeamLease Services to be Significantly Undervalued.
Key valuation signals for NSE:TEAMLEASE:
PB Ratio: 2.15 (66% below median its 10-year median of 6.25)
GF Value™: ₹3,424.28 vs. price of ₹1,338.40 (60.9% below fair value)
Industry Position: 30.3% above the Business Services median (#645 of 1047)
No single metric tells the full story. See the NSE:TEAMLEASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJyothi Nivas College Road, 315 Work Avenue Campus, Ascent Building, Number 77, Koramangala Industrial Layout, Koramangala, Bengaluru, KA, IND, 560095
TeamLease Services Ltd provides human resource services. Its employment services include temporary staffing solutions, permanent recruitment services, and regulatory consultancy for labor law compliance. Its segments are General Staffing and Allied Services, which include Staffing, Temporary Recruitment and Payroll & NETAP, and Other HR Services segments, which Comprises of Regulatory Compliance and Training, etc. The General staffing and Allied Services segment generates the majority of revenue. Geographically the company operates in India and outside India, where the key revenue is generated from India itself.
85GF Score
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