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Eicher MotorsBOM:505200 +0.90%95 PB Ratio is 8.84 as of Aug. 14, 2026, which is 28% above its 10-year median of 6.90. GuruFocus rates BOM:505200 with a GF Score™ of 95/100 and a GF Value™ of ₹7,473.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,295 Vehicles & Parts companies, Eicher Motors ranks worse than 94.98% 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 (2026-08-14), Eicher Motors's share price is ₹8090.00. Eicher Motors's Book Value per Share for the quarter that ended in Jun. 2026 was ₹915.02. Hence, Eicher Motors's PB Ratio of today is 8.84.
Warning Sign:
Eicher Motors Ltd stock PB Ratio (=8.76) is close to 5-year high of 9.1.
The historical rank and industry rank for Eicher Motors's PB Ratio or its related term are showing as below:
BOM:505200'
s PB Ratio Range Over the Past 10 Years
Min: 3.47 Med: 6.9 Max: 15.75
Current: 8.86
During the past 13 years, Eicher Motors's highest PB Ratio was 15.75. The lowest was 3.47. And the median was 6.90.
BOM:505200's PB Ratio is ranked worse than 94.98% of 1295
companies
in the Vehicles & Parts industry
Industry Median: 1.42
vs BOM:505200: 8.86
During the past 12 months, Eicher Motors's average Book Value Per Share Growth Rate was 17.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 20.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Eicher Motors was 52.90% per year. The lowest was 12.10% per year. And the median was 22.15% 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.
Eicher Motors PB Ratio Related Terms
Eicher Motors PB Ratio Historical Data
* Premium members only.
The historical data trend for Eicher Motors'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 Auto Manufacturers subindustry, Eicher Motors'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.
Eicher Motors PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Eicher Motors's PB Ratio distribution charts can be found below:
* The bar in red indicates where Eicher Motors'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.
Eicher Motors'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.
Eicher Motors (BOM:505200) has a PB Ratio of 8.84 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eicher Motors and its competitors. This is 28% above median its historical median of 6.90. Over the past decade, Eicher Motors' PB Ratio has ranged from 3.47 to 15.75. According to the industry distribution chart, Eicher Motors ranks #1230 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 95%.
Is Eicher Motors' PB Ratio too high?
Eicher Motors' current PB Ratio of 8.84 is 28% above median its 10-year median of 6.90. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 15.75. The Vehicles & Parts industry median PB Ratio is 1.42. Eicher Motors' value of 8.84 is 522.5% above this industry median. Based on the distribution chart, Eicher Motors ranks #1230 out of 1295 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Eicher Motors has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eicher Motors' PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Eicher Motors ranks #1230 out of 1295 companies for PB Ratio. This places Eicher Motors in the lower half of its industry. The industry median PB Ratio is 1.42. Eicher Motors' value of 8.84 is 522.5% above this benchmark. Historically, Eicher Motors' own PB Ratio has ranged from 3.47 to 15.75 over the past decade. While the company's 10-year median is 6.90 vs. the industry median of 1.42, Eicher Motors 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 1.42, based on 1,295 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. Eicher Motors's current PB Ratio of 8.84 is 522.5% 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 Eicher Motors and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eicher Motors's current PB Ratio is 8.84, which is 28% above median its own 10-year median of 6.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eicher Motors stock overvalued right now?
Based on GuruFocus' analysis, Eicher Motors (BOM:505200) is currently considered Fairly Valued. The stock's GF Value™ is ₹7,473.99, compared to a current price of ₹8,090.00 — trading 8.2% above its estimated fair value. The current PB Ratio is 8.84, which is 28% above median its 10-year median of 6.90 and 522.5% above the Vehicles & Parts industry median of 1.42. Eicher Motors' overall GF Score™ is 95/100 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 Eicher Motors (BOM:505200), the current PB Ratio is 8.84 as of Aug. 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 Eicher Motors (BOM:505200) Overvalued in 2026?
Based on GuruFocus' analysis, Eicher Motors stock appears to be overvalued.
The current stock price of ₹8,090.00 is trading 8.2% above its estimated GF Value™ of ₹7,473.99.
GuruFocus considers Eicher Motors to be Fairly Valued.
Key valuation signals for BOM:505200:
PB Ratio: 8.84 (28% above median its 10-year median of 6.90)
GF Value™: ₹7,473.99 vs. price of ₹8,090.00 (8.2% above fair value)
Industry Position: 522.5% above the Vehicles & Parts median (#1230 of 1295)
No single metric tells the full story. See the BOM:505200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eicher Motors Ltd is an Indian automobile manufacturer and is also engaged in the retail of related components and accessories. The company manufactures two-wheeler motorcycles and commercial vehicles. The Motorcycles division, which derives its key revenue, produces motorcycles through the Royal Enfield brand. The Commercial Vehicles division, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of its revenue within India and also has a presence in overseas markets.
95GF Score
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