Swaraj Engines (BOM:500407) PB Ratio: 8.87 (As of Jul. 25, 2026) — 13% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500407 Swaraj Engines Ltd BOM:500407
85 GF Score
Price ₹3,568.50
GF Value ₹4,233.62
Valuation Modestly Undervalued
View Full Analysis

What is Swaraj Engines PB Ratio?

Swaraj Engines BOM:500407 -0.29% 85 PB Ratio is 8.87 as of Jul. 25, 2026, which is 13% above its 10-year median of 7.84. GuruFocus rates BOM:500407 with a GF Score™ of 85/100 and a GF Value™ of ₹4,233.62 (Modestly Undervalued). Among 1,294 Vehicles & Parts companies, Swaraj Engines ranks worse than 95.83% 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 (2026-07-25), Swaraj Engines's share price is ₹3568.50. Swaraj Engines's Book Value per Share for the quarter that ended in Jun. 2026 was ₹402.41. Hence, Swaraj Engines's PB Ratio of today is 8.87.

Good Sign:

Swaraj Engines Ltd stock PB Ratio (=8.87) is close to 2-year low of 8.79.

The historical rank and industry rank for Swaraj Engines's PB Ratio or its related term are showing as below:

BOM:500407' s PB Ratio Range Over the Past 10 Years
Min: 4.68   Med: 7.84   Max: 13.15
Current: 8.87

During the past 13 years, Swaraj Engines's highest PB Ratio was 13.15. The lowest was 4.68. And the median was 7.84.

BOM:500407's PB Ratio is ranked worse than
95.83% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.355 vs BOM:500407: 8.87

During the past 12 months, Swaraj Engines's average Book Value Per Share Growth Rate was 16.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Swaraj Engines was 24.30% per year. The lowest was -5.20% per year. And the median was 10.80% per year.

Back to Basics: PB Ratio


Swaraj Engines  (BOM:500407) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Swaraj Engines PB Ratio Related Terms


Swaraj Engines PB Ratio Historical Data

* Premium members only.

The historical data trend for Swaraj Engines'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.

Swaraj Engines PB Ratio Chart

Swaraj Engines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 5.46 7.55 11.28 8.21

Swaraj Engines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 12.79 0.00 8.21 0.00

BOM:500407 vs ORLY, AZO: PB Ratio Comparison

For the Auto Parts subindustry, Swaraj Engines'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.


Swaraj Engines PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Swaraj Engines's PB Ratio distribution charts can be found below:

* The bar in red indicates where Swaraj Engines's PB Ratio falls into.


BOM:500407
85GF Score
Swaraj Engines Ltd BOM:500407
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swaraj Engines PB Ratio Calculation

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.

Swaraj Engines's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=3568.50/402.407
=8.87

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 8.87 mean?
Swaraj Engines (BOM:500407) has a PB Ratio of 8.87 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Swaraj Engines and its competitors. This is 13% above median its historical median of 7.84. Over the past decade, Swaraj Engines' PB Ratio has ranged from 4.68 to 13.15. According to the industry distribution chart, Swaraj Engines ranks #1240 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 95.8%.
Is Swaraj Engines' PB Ratio too high?
Swaraj Engines' current PB Ratio of 8.87 is 13% above median its 10-year median of 7.84. Over the past 10 years, this metric has ranged from a low of 4.68 to a high of 13.15. The Vehicles & Parts industry median PB Ratio is 1.36. Swaraj Engines' value of 8.87 is 554.6% above this industry median. Based on the distribution chart, Swaraj Engines ranks #1240 out of 1294 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Swaraj Engines has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swaraj Engines' PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Swaraj Engines ranks #1240 out of 1294 companies for PB Ratio. This places Swaraj Engines in the lower half of its industry. The industry median PB Ratio is 1.36. Swaraj Engines' value of 8.87 is 554.6% above this benchmark. Historically, Swaraj Engines' own PB Ratio has ranged from 4.68 to 13.15 over the past decade. While the company's 10-year median is 7.84 vs. the industry median of 1.36, Swaraj Engines 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.36, based on 1,294 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. Swaraj Engines's current PB Ratio of 8.87 is 554.6% 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 Swaraj Engines and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swaraj Engines's current PB Ratio is 8.87, which is 13% above median its own 10-year median of 7.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swaraj Engines stock overvalued right now?
Based on GuruFocus' analysis, Swaraj Engines (BOM:500407) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹4,233.62, compared to a current price of ₹3,568.50 — trading 15.7% below its estimated fair value. The current PB Ratio is 8.87, which is 13% above median its 10-year median of 7.84 and 554.6% above the Vehicles & Parts industry median of 1.36. Swaraj Engines' overall GF Score™ is 85/100. 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 Swaraj Engines (BOM:500407), the current PB Ratio is 8.87 as of Jul. 25, 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 Swaraj Engines (BOM:500407) Overvalued in 2026?

Based on GuruFocus' analysis, Swaraj Engines stock appears to be undervalued. The current stock price of ₹3,568.50 is trading 15.7% below its estimated GF Value™ of ₹4,233.62. GuruFocus considers Swaraj Engines to be Modestly Undervalued.

Key valuation signals for BOM:500407:

  • PB Ratio: 8.87 (13% above median its 10-year median of 7.84)
  • GF Value™: ₹4,233.62 vs. price of ₹3,568.50 (15.7% below fair value)
  • GF Score™: 85/100
  • Industry Position: 554.6% above the Vehicles & Parts median (#1240 of 1294)

No single metric tells the full story. See the BOM:500407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swaraj Engines Business Description

Other Exchanges SWARAJENG:India
Address Phase-IV, Industrial Area, S.A.S. Nagar, Mohali, PB, IND, 160 055
Swaraj Engines Ltd is an India-based company engaged in the principal business of manufacturing and selling diesel engines for tractors. It is also involved in manufacturing engine components. The company operates in the segments of manufacturing Diesel engines, Diesel engine components, and Spare parts. It derives a majority of its revenue from the sale of Engines. The Engine products offered by the company comprise ranges of 20-30 HP, 30-40 HP, 40-50 HP, and 50-60 HP.
85GF Score

Get the complete analysis for BOM:500407

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,568.50
Price
₹4,233.62
GF Value