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Tata ElxsiBOM:500408 -0.17%83 PB Ratio is 7.72 as of Aug. 15, 2026, which is 30% below its 10-year median of 11.01. GuruFocus rates BOM:500408 with a GF Score™ of 83/100 and a GF Value™ of ₹6,743.05 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,629 Software companies, Tata Elxsi ranks worse than 86.38% 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 (2026-08-15), Tata Elxsi's share price is ₹3769.00. Tata Elxsi's Book Value per Share for the quarter that ended in Jun. 2026 was ₹488.20. Hence, Tata Elxsi's PB Ratio of today is 7.72.
Good Sign:
Tata Elxsi Ltd stock PB Ratio (=7.72) is close to 5-year low of 7.72.
The historical rank and industry rank for Tata Elxsi's PB Ratio or its related term are showing as below:
BOM:500408'
s PB Ratio Range Over the Past 10 Years
Min: 3.39 Med: 11.01 Max: 34.67
Current: 7.72
During the past 13 years, Tata Elxsi's highest PB Ratio was 34.67. The lowest was 3.39. And the median was 11.01.
BOM:500408's PB Ratio is ranked worse than 86.38% of 2629
companies
in the Software industry
Industry Median: 2.49
vs BOM:500408: 7.72
During the past 12 months, Tata Elxsi's average Book Value Per Share Growth Rate was 6.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 22.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tata Elxsi was 37.60% per year. The lowest was 3.70% per year. And the median was 22.80% 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.
Tata Elxsi PB Ratio Related Terms
Tata Elxsi PB Ratio Historical Data
* Premium members only.
The historical data trend for Tata Elxsi'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 Software - Application subindustry, Tata Elxsi'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.
Tata Elxsi PB Ratio vs Software Industry
For the Software industry and Technology sector, Tata Elxsi's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tata Elxsi'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.
Tata Elxsi'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.
Tata Elxsi (BOM:500408) has a PB Ratio of 7.72 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tata Elxsi and its competitors. This is 30% below median its historical median of 11.01. Over the past decade, Tata Elxsi's PB Ratio has ranged from 3.39 to 34.67. According to the industry distribution chart, Tata Elxsi ranks #2271 out of 2629 companies in the Software industry, placing it in the top 86.4%.
Is Tata Elxsi's PB Ratio too high?
Tata Elxsi's current PB Ratio of 7.72 is 30% below median its 10-year median of 11.01. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 34.67. The Software industry median PB Ratio is 2.49. Tata Elxsi's value of 7.72 is 210% above this industry median. Based on the distribution chart, Tata Elxsi ranks #2271 out of 2629 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tata Elxsi has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Elxsi's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Tata Elxsi ranks #2271 out of 2629 companies for PB Ratio. This places Tata Elxsi in the lower half of its industry. The industry median PB Ratio is 2.49. Tata Elxsi's value of 7.72 is 210% above this benchmark. Historically, Tata Elxsi's own PB Ratio has ranged from 3.39 to 34.67 over the past decade. While the company's 10-year median is 11.01 vs. the industry median of 2.49, Tata Elxsi 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 Software company?
The median PB Ratio among Software companies is 2.49, based on 2,629 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. Tata Elxsi's current PB Ratio of 7.72 is 210% 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 Tata Elxsi and its competitors. For the Software industry, the median PB Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Elxsi's current PB Ratio is 7.72, which is 30% below median its own 10-year median of 11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Elxsi stock overvalued right now?
Based on GuruFocus' analysis, Tata Elxsi (BOM:500408) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹6,743.05, compared to a current price of ₹3,769.00 — trading 44.1% below its estimated fair value. The current PB Ratio is 7.72, which is 30% below median its 10-year median of 11.01 and 210% above the Software industry median of 2.49. Tata Elxsi's overall GF Score™ is 83/100 with 3 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 Tata Elxsi (BOM:500408), the current PB Ratio is 7.72 as of Aug. 15, 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 Tata Elxsi (BOM:500408) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Elxsi stock appears to be undervalued.
The current stock price of ₹3,769.00 is trading 44.1% below its estimated GF Value™ of ₹6,743.05.
GuruFocus considers Tata Elxsi to be Significantly Undervalued.
Key valuation signals for BOM:500408:
PB Ratio: 7.72 (30% below median its 10-year median of 11.01)
GF Value™: ₹6,743.05 vs. price of ₹3,769.00 (44.1% below fair value)
Industry Position: 210% above the Software median (#2271 of 2629)
No single metric tells the full story. See the BOM:500408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Elxsi Ltd provides product design and engineering services to the consumer electronics, communications & transportation industries and systems integration and support services for enterprise customers. The company also provides digital content creation for media and entertainment industry. It operates across two segments to deliver design, engineering and technology solutions across industries: Software Development & Services (SDS) and Systems Integration & Support (SIS). The SDS segment generates maximum revenue for the company and provides end-to-end product engineering and digital services, supporting clients from concept and design to development, validation and deployment. Geographically, the company derives maximum revenue from Europe followed by India, USA, and Other regions.
83GF Score
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