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Titagarh Rail SystemsBOM:532966 -2.19%86 PB Ratio is 4.57 as of Aug. 15, 2026, which is 184% above its 10-year median of 1.61. GuruFocus rates BOM:532966 with a GF Score™ of 86/100 and a GF Value™ of ₹857.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 962 Transportation companies, Titagarh Rail Systems ranks worse than 90.64% on this metric.
Titagarh Rail Systems Ltd stock PB Ratio (=4.57) is close to 1-year high of 5.06.
The historical rank and industry rank for Titagarh Rail Systems's PB Ratio or its related term are showing as below:
BOM:532966'
s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 1.61 Max: 11.29
Current: 4.57
During the past 13 years, Titagarh Rail Systems's highest PB Ratio was 11.29. The lowest was 0.43. And the median was 1.61.
BOM:532966's PB Ratio is ranked worse than 90.64% of 962
companies
in the Transportation industry
Industry Median: 1.26
vs BOM:532966: 4.57
During the past 12 months, Titagarh Rail Systems's average Book Value Per Share Growth Rate was -1.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 31.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 27.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Titagarh Rail Systems was 37.80% per year. The lowest was -7.50% per year. And the median was 6.70% 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.
* 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 Railroads subindustry, Titagarh Rail 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.
Titagarh Rail Systems PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Titagarh Rail Systems's PB Ratio distribution charts can be found below:
* The bar in red indicates where Titagarh Rail Systems'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.
* 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.
Titagarh Rail Systems (BOM:532966) has a PB Ratio of 4.57 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 Titagarh Rail Systems and its competitors. This is 184% above median its historical median of 1.61. Over the past decade, Titagarh Rail Systems' PB Ratio has ranged from 0.43 to 11.29. According to the industry distribution chart, Titagarh Rail Systems ranks #872 out of 962 companies in the Transportation industry, placing it in the top 90.6%.
Is Titagarh Rail Systems' PB Ratio too high?
Titagarh Rail Systems' current PB Ratio of 4.57 is 184% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 11.29. The Transportation industry median PB Ratio is 1.26. Titagarh Rail Systems' value of 4.57 is 262.7% above this industry median. Based on the distribution chart, Titagarh Rail Systems ranks #872 out of 962 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Titagarh Rail Systems has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Titagarh Rail Systems' PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Titagarh Rail Systems ranks #872 out of 962 companies for PB Ratio. This places Titagarh Rail Systems in the lower half of its industry. The industry median PB Ratio is 1.26. Titagarh Rail Systems' value of 4.57 is 262.7% above this benchmark. Historically, Titagarh Rail Systems' own PB Ratio has ranged from 0.43 to 11.29 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.26, Titagarh Rail 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 Transportation company?
The median PB Ratio among Transportation companies is 1.26, based on 962 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. Titagarh Rail Systems's current PB Ratio of 4.57 is 262.7% 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 Titagarh Rail Systems and its competitors. For the Transportation industry, the median PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titagarh Rail Systems's current PB Ratio is 4.57, which is 184% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titagarh Rail Systems stock overvalued right now?
Based on GuruFocus' analysis, Titagarh Rail Systems (BOM:532966) is currently considered Fairly Valued. The stock's GF Value™ is ₹857.16, compared to a current price of ₹832.45 — trading 2.9% below its estimated fair value. The current PB Ratio is 4.57, which is 184% above median its 10-year median of 1.61 and 262.7% above the Transportation industry median of 1.26. Titagarh Rail Systems' overall GF Score™ is 86/100 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 Titagarh Rail Systems (BOM:532966), the current PB Ratio is 4.57 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 Titagarh Rail Systems (BOM:532966) Overvalued in 2026?
Based on GuruFocus' analysis, Titagarh Rail Systems stock appears to be undervalued.
The current stock price of ₹832.45 is trading 2.9% below its estimated GF Value™ of ₹857.16.
GuruFocus considers Titagarh Rail Systems to be Fairly Valued.
Key valuation signals for BOM:532966:
PB Ratio: 4.57 (184% above median its 10-year median of 1.61)
GF Value™: ₹857.16 vs. price of ₹832.45 (2.9% below fair value)
Industry Position: 262.7% above the Transportation median (#872 of 962)
No single metric tells the full story. See the BOM:532966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Titagarh Rail Systems Ltd manufactures and sells Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipment and Bridges, Ships and others. The segments of the group are Freight Rail Systems and Passenger Rail Systems. The majority of the company's revenue is generated from its Freight Rail Systems segment which consists of the manufacturing of wagons, loco shells, bogies, couplers, its components, designing and construction of warships, passenger vessels, tug, and specialized equipment for Defence, Bridge Girders, etc. Geographically, the company derives its key revenue from India and it also caters to International markets.
86GF Score
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