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TILNSE:TIL -0.66%61 PB Ratio is 13.26 as of Jul. 14, 2026, which is 905% above its 10-year median of 1.32. GuruFocus rates NSE:TIL with a GF Score™ of 61/100 and a GF Value™ of ₹360.67 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, TIL ranks worse than 98.02% 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 (2026-07-14), TIL's share price is ₹209.28. TIL's Book Value per Share for the quarter that ended in Mar. 2026 was ₹15.78. Hence, TIL's PB Ratio of today is 13.26.
The historical rank and industry rank for TIL's PB Ratio or its related term are showing as below:
NSE:TIL'
s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 1.32 Max: 61.86
Current: 13.6
During the past 13 years, TIL's highest PB Ratio was 61.86. The lowest was 0.36. And the median was 1.32.
NSE:TIL's PB Ratio is ranked worse than 98.02% of 202
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.525
vs NSE:TIL: 13.60
During the past 12 months, TIL's average Book Value Per Share Growth Rate was 29.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TIL was 30.10% per year. The lowest was -57.20% per year. And the median was -0.10% 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.
TIL PB Ratio Related Terms
TIL PB Ratio Historical Data
* Premium members only.
The historical data trend for TIL'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, TIL'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.
TIL PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, TIL's PB Ratio distribution charts can be found below:
* The bar in red indicates where TIL'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.
TIL'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.
TIL (NSE:TIL) has a PB Ratio of 13.26 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TIL and its competitors. This is 905% above median its historical median of 1.32. Over the past decade, TIL's PB Ratio has ranged from 0.36 to 61.86. According to the industry distribution chart, TIL ranks #198 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 98%.
Is TIL's PB Ratio too high?
TIL's current PB Ratio of 13.26 is 905% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 61.86. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.53. TIL's value of 13.26 is 769.5% above this industry median. Based on the distribution chart, TIL ranks #198 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, TIL has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TIL's PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, TIL ranks #198 out of 202 companies for PB Ratio. This places TIL in the lower half of its industry. The industry median PB Ratio is 1.53. TIL's value of 13.26 is 769.5% above this benchmark. Historically, TIL's own PB Ratio has ranged from 0.36 to 61.86 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.53, TIL 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 1.53, based on 202 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. TIL's current PB Ratio of 13.26 is 769.5% 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 TIL and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TIL's current PB Ratio is 13.26, which is 905% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TIL stock overvalued right now?
Based on GuruFocus' analysis, TIL (NSE:TIL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹360.67, compared to a current price of ₹209.28 — trading 42% below its estimated fair value. The current PB Ratio is 13.26, which is 905% above median its 10-year median of 1.32 and 769.5% above the Farm & Heavy Construction Machinery industry median of 1.53. TIL's overall GF Score™ is 61/100 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 TIL (NSE:TIL), the current PB Ratio is 13.26 as of Jul. 14, 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 TIL (NSE:TIL) Overvalued in 2026?
Based on GuruFocus' analysis, TIL stock appears to be undervalued.
The current stock price of ₹209.28 is trading 42% below its estimated GF Value™ of ₹360.67.
GuruFocus considers TIL to be Possible Value Trap.
Key valuation signals for NSE:TIL:
PB Ratio: 13.26 (905% above median its 10-year median of 1.32)
GF Value™: ₹360.67 vs. price of ₹209.28 (42% below fair value)
Industry Position: 769.5% above the Farm & Heavy Construction Machinery median (#198 of 202)
No single metric tells the full story. See the NSE:TIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TIL Ltd is an India based company engaged in providing customized designs manufactures and markets a comprehensive range of material handling, lifting, port equipment, road building solutions, with integrated customer support and after-sales service. The company operates in only Material handling solutions segment which comprises manufacturing and marketing of various materials handling equipment such as mobile cranes, port equipment, self-loading truck cranes, and road construction equipment as well as dealing in spares and providing services to related equipment. Geographically, the group has a business presence in India and outside India of which key revenue is earned within the Indian market.
61GF Score
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