Narmada Macplast Drip Irrigation Systems (BOM:517431) PB Ratio: 7.73 (As of Aug. 05, 2026) — 332% Above Median

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BOM:517431 Narmada Macplast Drip Irrigation Systems Ltd BOM:517431
74 GF Score
Price ₹20.05
GF Value ₹25.56
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Narmada Macplast Drip Irrigation Systems PB Ratio?

Narmada Macplast Drip Irrigation Systems BOM:517431 +0.25% 74 PB Ratio is 7.73 as of Aug. 05, 2026, which is 332% above its 10-year median of 1.79. GuruFocus rates BOM:517431 with a GF Score™ of 74/100 and a GF Value™ of ₹25.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 203 Farm & Heavy Construction Machinery companies, Narmada Macplast Drip Irrigation Systems ranks worse than 96.06% 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 (2026-08-05), Narmada Macplast Drip Irrigation Systems's share price is ₹20.05. Narmada Macplast Drip Irrigation Systems's Book Value per Share for the quarter that ended in Mar. 2026 was ₹2.60. Hence, Narmada Macplast Drip Irrigation Systems's PB Ratio of today is 7.73.

The historical rank and industry rank for Narmada Macplast Drip Irrigation Systems's PB Ratio or its related term are showing as below:

BOM:517431' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.79   Max: 16.16
Current: 7.75

During the past 13 years, Narmada Macplast Drip Irrigation Systems's highest PB Ratio was 16.16. The lowest was 0.45. And the median was 1.79.

BOM:517431's PB Ratio is ranked worse than
96.06% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.54 vs BOM:517431: 7.75

During the past 12 months, Narmada Macplast Drip Irrigation Systems's average Book Value Per Share Growth Rate was 21.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 59.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Narmada Macplast Drip Irrigation Systems was 59.00% per year. The lowest was 0.10% per year. And the median was 2.85% per year.

Back to Basics: PB Ratio


Narmada Macplast Drip Irrigation Systems  (BOM:517431) 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.


Narmada Macplast Drip Irrigation Systems PB Ratio Related Terms


Narmada Macplast Drip Irrigation Systems PB Ratio Historical Data

* Premium members only.

The historical data trend for Narmada Macplast Drip Irrigation Systems'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.

Narmada Macplast Drip Irrigation Systems PB Ratio Chart

Narmada Macplast Drip Irrigation Systems 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 1.75 1.71 1.55 6.78 5.99

Narmada Macplast Drip Irrigation Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.78 0.00 8.78 0.00 5.99

BOM:517431 vs CAT, DE, PCAR: PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Narmada Macplast Drip Irrigation Systems'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.


Narmada Macplast Drip Irrigation Systems PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Narmada Macplast Drip Irrigation Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Narmada Macplast Drip Irrigation Systems's PB Ratio falls into.


BOM:517431
74GF Score
Narmada Macplast Drip Irrigation Systems Ltd BOM:517431
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Narmada Macplast Drip Irrigation Systems 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.

Narmada Macplast Drip Irrigation Systems's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=20.05/2.595
=7.73

* 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 7.73 mean?
Narmada Macplast Drip Irrigation Systems (BOM:517431) has a PB Ratio of 7.73 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Narmada Macplast Drip Irrigation Systems and its competitors. This is 332% above median its historical median of 1.79. Over the past decade, Narmada Macplast Drip Irrigation Systems' PB Ratio has ranged from 0.45 to 16.16. According to the industry distribution chart, Narmada Macplast Drip Irrigation Systems ranks #195 out of 203 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 96.1%.
Is Narmada Macplast Drip Irrigation Systems' PB Ratio too high?
Narmada Macplast Drip Irrigation Systems' current PB Ratio of 7.73 is 332% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 16.16. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.54. Narmada Macplast Drip Irrigation Systems' value of 7.73 is 401.9% above this industry median. Based on the distribution chart, Narmada Macplast Drip Irrigation Systems ranks #195 out of 203 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Narmada Macplast Drip Irrigation Systems has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Macplast Drip Irrigation Systems' PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Narmada Macplast Drip Irrigation Systems ranks #195 out of 203 companies for PB Ratio. This places Narmada Macplast Drip Irrigation Systems in the lower half of its industry. The industry median PB Ratio is 1.54. Narmada Macplast Drip Irrigation Systems' value of 7.73 is 401.9% above this benchmark. Historically, Narmada Macplast Drip Irrigation Systems' own PB Ratio has ranged from 0.45 to 16.16 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.54, Narmada Macplast Drip Irrigation Systems 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 1.54, based on 203 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. Narmada Macplast Drip Irrigation Systems's current PB Ratio of 7.73 is 401.9% 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 Narmada Macplast Drip Irrigation Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Macplast Drip Irrigation Systems's current PB Ratio is 7.73, which is 332% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Macplast Drip Irrigation Systems stock overvalued right now?
Based on GuruFocus' analysis, Narmada Macplast Drip Irrigation Systems (BOM:517431) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹25.56, compared to a current price of ₹20.05 — trading 21.6% below its estimated fair value. The current PB Ratio is 7.73, which is 332% above median its 10-year median of 1.79 and 401.9% above the Farm & Heavy Construction Machinery industry median of 1.54. Narmada Macplast Drip Irrigation Systems' overall GF Score™ is 74/100 with 2 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 Narmada Macplast Drip Irrigation Systems (BOM:517431), the current PB Ratio is 7.73 as of Aug. 05, 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 Narmada Macplast Drip Irrigation Systems (BOM:517431) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Macplast Drip Irrigation Systems stock appears to be undervalued. The current stock price of ₹20.05 is trading 21.6% below its estimated GF Value™ of ₹25.56. GuruFocus considers Narmada Macplast Drip Irrigation Systems to be Modestly Undervalued.

Key valuation signals for BOM:517431:

  • PB Ratio: 7.73 (332% above median its 10-year median of 1.79)
  • GF Value™: ₹25.56 vs. price of ₹20.05 (21.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 401.9% above the Farm & Heavy Construction Machinery median (#195 of 203)

No single metric tells the full story. See the BOM:517431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Macplast Drip Irrigation Systems Business Description

Address Plot Number 119-120, Santej-Vadsar Road, At and Post Santej, Taluka - Kalol, Gandhi Nagar, GJ, IND, 382721
Narmada Macplast Drip Irrigation Systems Ltd is engaged in the trading of drip irrigation systems. Its products include Spray Nozzles, Spray bodies, Rotors 3500 series, among others. It is also engaged in the business of import-export, consultancy of plastic products and raw materials, government Supplies, and liaison work.
74GF Score

Get the complete analysis for BOM:517431

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

₹20.05
Price
₹25.56
GF Value