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.
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.
IEC EducationBOM:531840 -2.64%32 PB Ratio is 1.19 as of Jul. 24, 2026, which is 561% above its 10-year median of 0.18. GuruFocus rates BOM:531840 with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 254 Education companies, IEC Education ranks better than 55.51% 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 (2026-07-24), IEC Education's share price is ₹21.37. IEC Education's Book Value per Share for the quarter that ended in Mar. 2026 was ₹18.02. Hence, IEC Education's PB Ratio of today is 1.19.
Warning Sign:
IEC Education Ltd stock PB Ratio (=1.22) is close to 10-year high of 1.22.
The historical rank and industry rank for IEC Education's PB Ratio or its related term are showing as below:
BOM:531840'
s PB Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.18 Max: 1.26
Current: 1.18
During the past 13 years, IEC Education's highest PB Ratio was 1.26. The lowest was 0.11. And the median was 0.18.
BOM:531840's PB Ratio is ranked better than 55.51% of 254
companies
in the Education industry
Industry Median: 1.4
vs BOM:531840: 1.18
During the past 12 months, IEC Education's average Book Value Per Share Growth Rate was -8.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IEC Education was 8.00% per year. The lowest was -3.80% per year. And the median was -0.90% 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.
IEC Education PB Ratio Related Terms
IEC Education PB Ratio Historical Data
* Premium members only.
The historical data trend for IEC Education'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 Education & Training Services subindustry, IEC Education'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.
IEC Education PB Ratio vs Education Industry
For the Education industry and Consumer Defensive sector, IEC Education's PB Ratio distribution charts can be found below:
* The bar in red indicates where IEC Education'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.
IEC Education'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.
IEC Education (BOM:531840) has a PB Ratio of 1.19 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IEC Education and its competitors. This is 561% above median its historical median of 0.18. Over the past decade, IEC Education's PB Ratio has ranged from 0.11 to 1.26. According to the industry distribution chart, IEC Education ranks #113 out of 254 companies in the Education industry, placing it in the top 44.5%.
Is IEC Education's PB Ratio too high?
IEC Education's current PB Ratio of 1.19 is 561% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.26. The Education industry median PB Ratio is 1.40. IEC Education's value of 1.19 is 15% below this industry median. Based on the distribution chart, IEC Education ranks #113 out of 254 companies in the Education industry, which is above the industry midpoint. Overall, IEC Education has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does IEC Education's PB Ratio compare to EDU and TAL?
According to the Education industry distribution chart, IEC Education ranks #113 out of 254 companies for PB Ratio. This puts IEC Education in the upper half of its industry. The industry median PB Ratio is 1.40. IEC Education's value of 1.19 is 15% below this benchmark. Historically, IEC Education's own PB Ratio has ranged from 0.11 to 1.26 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.40, IEC Education has consistently been below 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 an Education company?
The median PB Ratio among Education companies is 1.40, based on 254 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. IEC Education's current PB Ratio of 1.19 is 15% below 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 IEC Education and its competitors. For the Education industry, the median PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IEC Education's current PB Ratio is 1.19, which is 561% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IEC Education stock overvalued right now?
IEC Education (BOM:531840) has a current PB Ratio of 1.19. The current PB Ratio is 1.19, which is 561% above median its 10-year median of 0.18 and 15% below the Education industry median of 1.40. IEC Education's overall GF Score™ is 32/100 with 1 warning sign 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 IEC Education (BOM:531840), the current PB Ratio is 1.19 as of Jul. 24, 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.
IEC Education Ltd operates in the education sector, offering a range of programs including computer education, science, technology, management, hotel management, pharmacy, and vocational training. The company provides education and training services through an extensive network of franchise centers and collaborations with various colleges and schools, principally in India and some international locations. IEC generates revenue by delivering education services, managing skill development initiatives, and operating institutions that provide technical and vocational training.
32GF Score
Get the complete analysis for BOM:531840
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531840 has been successfully added to your 
