Enkei Wheels (India) (BOM:533477) PB Ratio: 2.73 (As of Jul. 22, 2026) — 35% Below Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Founder & CEO of GuruFocus
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.

BOM:533477 Enkei Wheels (India) Ltd BOM:533477
73 GF Score
Price ₹363.60
GF Value ₹833.95
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Enkei Wheels (India) PB Ratio?

Enkei Wheels (India) BOM:533477 -0.37% 73 PB Ratio is 2.73 as of Jul. 22, 2026, which is 35% below its 10-year median of 4.19. GuruFocus rates BOM:533477 with a GF Score™ of 73/100 and a GF Value™ of ₹833.95 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,293 Vehicles & Parts companies, Enkei Wheels (India) ranks worse than 76.1% 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 (2026-07-22), Enkei Wheels (India)'s share price is ₹363.60. Enkei Wheels (India)'s Book Value per Share for the quarter that ended in Mar. 2026 was ₹133.33. Hence, Enkei Wheels (India)'s PB Ratio of today is 2.73.

Good Sign:

Enkei Wheels (India) Ltd stock PB Ratio (=2.73) is close to 5-year low of 2.73.

The historical rank and industry rank for Enkei Wheels (India)'s PB Ratio or its related term are showing as below:

BOM:533477' s PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 4.19   Max: 9.67
Current: 2.73

During the past 13 years, Enkei Wheels (India)'s highest PB Ratio was 9.67. The lowest was 1.59. And the median was 4.19.

BOM:533477's PB Ratio is ranked worse than
76.1% of 1293 companies
in the Vehicles & Parts industry
Industry Median: 1.35 vs BOM:533477: 2.73

During the past 12 months, Enkei Wheels (India)'s average Book Value Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 28.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Enkei Wheels (India) was 92.30% per year. The lowest was -23.60% per year. And the median was 15.70% per year.

Back to Basics: PB Ratio


Enkei Wheels (India)  (BOM:533477) 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.


Enkei Wheels (India) PB Ratio Related Terms


Enkei Wheels (India) PB Ratio Historical Data

* Premium members only.

The historical data trend for Enkei Wheels (India)'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.

Enkei Wheels (India) PB Ratio Chart

Enkei Wheels (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 4.70 4.49 5.16 3.66

Enkei Wheels (India) 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 0.00 4.20 0.00 3.66 0.00

BOM:533477 vs ORLY, AZO: PB Ratio Comparison

For the Auto Parts subindustry, Enkei Wheels (India)'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.


Enkei Wheels (India) PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Enkei Wheels (India)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Enkei Wheels (India)'s PB Ratio falls into.


BOM:533477
73GF Score
Enkei Wheels (India) Ltd BOM:533477
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enkei Wheels (India) 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.

Enkei Wheels (India)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=363.60/133.331
=2.73

* 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 2.73 mean?
Enkei Wheels (India) (BOM:533477) has a PB Ratio of 2.73 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Enkei Wheels (India) and its competitors. This is 35% below median its historical median of 4.19. Over the past decade, Enkei Wheels (India)'s PB Ratio has ranged from 1.59 to 9.67. According to the industry distribution chart, Enkei Wheels (India) ranks #984 out of 1293 companies in the Vehicles & Parts industry, placing it in the top 76.1%.
Is Enkei Wheels (India)'s PB Ratio too high?
Enkei Wheels (India)'s current PB Ratio of 2.73 is 35% below median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 9.67. The Vehicles & Parts industry median PB Ratio is 1.35. Enkei Wheels (India)'s value of 2.73 is 102.2% above this industry median. Based on the distribution chart, Enkei Wheels (India) ranks #984 out of 1293 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Enkei Wheels (India) has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enkei Wheels (India)'s PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Enkei Wheels (India) ranks #984 out of 1293 companies for PB Ratio. This places Enkei Wheels (India) in the lower half of its industry. The industry median PB Ratio is 1.35. Enkei Wheels (India)'s value of 2.73 is 102.2% above this benchmark. Historically, Enkei Wheels (India)'s own PB Ratio has ranged from 1.59 to 9.67 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.35, Enkei Wheels (India) 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 1.35, based on 1,293 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. Enkei Wheels (India)'s current PB Ratio of 2.73 is 102.2% 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 Enkei Wheels (India) and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enkei Wheels (India)'s current PB Ratio is 2.73, which is 35% below median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enkei Wheels (India) stock overvalued right now?
Based on GuruFocus' analysis, Enkei Wheels (India) (BOM:533477) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹833.95, compared to a current price of ₹363.60 — trading 56.4% below its estimated fair value. The current PB Ratio is 2.73, which is 35% below median its 10-year median of 4.19 and 102.2% above the Vehicles & Parts industry median of 1.35. Enkei Wheels (India)'s overall GF Score™ is 73/100 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 Enkei Wheels (India) (BOM:533477), the current PB Ratio is 2.73 as of Jul. 22, 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 Enkei Wheels (India) (BOM:533477) Overvalued in 2026?

Based on GuruFocus' analysis, Enkei Wheels (India) stock appears to be undervalued. The current stock price of ₹363.60 is trading 56.4% below its estimated GF Value™ of ₹833.95. GuruFocus considers Enkei Wheels (India) to be Significantly Undervalued.

Key valuation signals for BOM:533477:

  • PB Ratio: 2.73 (35% below median its 10-year median of 4.19)
  • GF Value™: ₹833.95 vs. price of ₹363.60 (56.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 102.2% above the Vehicles & Parts median (#984 of 1293)

No single metric tells the full story. See the BOM:533477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enkei Wheels (India) Business Description

Address Gat No. 1425, Village Shikrapur, Taluka Shirur, Pune, IND, 412208
Enkei Wheels (India) Ltd is involved in the manufacturing of aluminum alloy casting wheels for two-wheelers as well as four-wheelers. The company only operating business segment that is manufacture and sale of Alloy Wheels. It sells its product in two forms that are manufactured goods; which consist of wheels for two and four-wheeler vehicles, and traded goods; which include wheels for four-wheelers and accessories.
73GF Score

Get the complete analysis for BOM:533477

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

₹363.60
Price
₹833.95
GF Value