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Tega IndustriesNSE:TEGA -0.16%91 PB Ratio is 3.57 as of Jul. 21, 2026, which is 41% below its 10-year median of 6.04. GuruFocus rates NSE:TEGA with a GF Score™ of 91/100 and a GF Value™ of ₹1,711.03 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,979 Industrial Products companies, Tega Industries ranks worse than 71.06% 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 (2026-07-21), Tega Industries's share price is ₹1619.60. Tega Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹453.52. Hence, Tega Industries's PB Ratio of today is 3.57.
Good Sign:
Tega Industries Ltd stock PB Ratio (=3.57) is close to 5-year low of 3.49.
The historical rank and industry rank for Tega Industries's PB Ratio or its related term are showing as below:
NSE:TEGA'
s PB Ratio Range Over the Past 10 Years
Min: 3.49 Med: 6.04 Max: 11.58
Current: 3.56
During the past 8 years, Tega Industries's highest PB Ratio was 11.58. The lowest was 3.49. And the median was 6.04.
NSE:TEGA's PB Ratio is ranked worse than 71.06% of 2979
companies
in the Industrial Products industry
Industry Median: 2.1
vs NSE:TEGA: 3.56
During the past 12 months, Tega Industries's average Book Value Per Share Growth Rate was 116.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 42.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 33.30% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Tega Industries was 42.10% per year. The lowest was 23.30% per year. And the median was 25.20% 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.
Tega Industries PB Ratio Related Terms
Tega Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Tega Industries'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 Specialty Industrial Machinery subindustry, Tega Industries'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.
Tega Industries PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tega Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tega Industries'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.
Tega Industries'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.
Tega Industries (NSE:TEGA) has a PB Ratio of 3.57 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tega Industries and its competitors. This is 41% below median its historical median of 6.04. Over the past decade, Tega Industries' PB Ratio has ranged from 3.49 to 11.58. According to the industry distribution chart, Tega Industries ranks #2117 out of 2979 companies in the Industrial Products industry, placing it in the top 71.1%.
Is Tega Industries' PB Ratio too high?
Tega Industries' current PB Ratio of 3.57 is 41% below median its 10-year median of 6.04. Over the past 10 years, this metric has ranged from a low of 3.49 to a high of 11.58. The Industrial Products industry median PB Ratio is 2.10. Tega Industries' value of 3.57 is 70% above this industry median. Based on the distribution chart, Tega Industries ranks #2117 out of 2979 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tega Industries has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tega Industries' PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tega Industries ranks #2117 out of 2979 companies for PB Ratio. This places Tega Industries in the lower half of its industry. The industry median PB Ratio is 2.10. Tega Industries' value of 3.57 is 70% above this benchmark. Historically, Tega Industries' own PB Ratio has ranged from 3.49 to 11.58 over the past decade. While the company's 10-year median is 6.04 vs. the industry median of 2.10, Tega Industries 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,979 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. Tega Industries's current PB Ratio of 3.57 is 70% 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 Tega Industries and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tega Industries's current PB Ratio is 3.57, which is 41% below median its own 10-year median of 6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tega Industries stock overvalued right now?
Based on GuruFocus' analysis, Tega Industries (NSE:TEGA) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,711.03, compared to a current price of ₹1,619.60 — trading 5.3% below its estimated fair value. The current PB Ratio is 3.57, which is 41% below median its 10-year median of 6.04 and 70% above the Industrial Products industry median of 2.10. Tega Industries' overall GF Score™ is 91/100 with 4 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 Tega Industries (NSE:TEGA), the current PB Ratio is 3.57 as of Jul. 21, 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 Tega Industries (NSE:TEGA) Overvalued in 2026?
Based on GuruFocus' analysis, Tega Industries stock appears to be undervalued.
The current stock price of ₹1,619.60 is trading 5.3% below its estimated GF Value™ of ₹1,711.03.
GuruFocus considers Tega Industries to be Fairly Valued.
Key valuation signals for NSE:TEGA:
PB Ratio: 3.57 (41% below median its 10-year median of 6.04)
GF Value™: ₹1,711.03 vs. price of ₹1,619.60 (5.3% below fair value)
Industry Position: 70% above the Industrial Products median (#2117 of 2979)
No single metric tells the full story. See the NSE:TEGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling. It operates in India as well as outside India.
91GF Score
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