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Advance Metering TechnologyBOM:534612 -1.17%57 PB Ratio is 0.39 as of Jul. 21, 2026, which is 15% above its 10-year median of 0.34. GuruFocus rates BOM:534612 with a GF Score™ of 57/100 and a GF Value™ of ₹23.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,979 Industrial Products companies, Advance Metering Technology ranks better than 95% on this metric.
Advance Metering Technology Ltd stock PB Ratio (=0.39) is close to 3-year low of 0.38.
The historical rank and industry rank for Advance Metering Technology's PB Ratio or its related term are showing as below:
BOM:534612'
s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.34 Max: 0.95
Current: 0.39
During the past 13 years, Advance Metering Technology's highest PB Ratio was 0.95. The lowest was 0.10. And the median was 0.34.
BOM:534612's PB Ratio is ranked better than 95% of 2979
companies
in the Industrial Products industry
Industry Median: 2.1
vs BOM:534612: 0.39
During the past 12 months, Advance Metering Technology's average Book Value Per Share Growth Rate was -11.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Advance Metering Technology was 116.00% per year. The lowest was -8.70% per year. And the median was -3.95% per year.
Back to Basics: PB Ratio
Advance Metering Technology (BOM:534612) PB Ratio Explanation
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.
Advance Metering Technology PB Ratio Related Terms
Advance Metering Technology PB Ratio Historical Data
* 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 Electrical Equipment & Parts subindustry, Advance Metering Technology'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.
Advance Metering Technology PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Advance Metering Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Advance Metering Technology'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.
Advance Metering Technology (BOM:534612) has a PB Ratio of 0.39 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Advance Metering Technology and its competitors. This is 15% above median its historical median of 0.34. Over the past decade, Advance Metering Technology's PB Ratio has ranged from 0.10 to 0.95. According to the industry distribution chart, Advance Metering Technology ranks #149 out of 2979 companies in the Industrial Products industry, placing it in the top 5%.
Is Advance Metering Technology's PB Ratio too high?
Advance Metering Technology's current PB Ratio of 0.39 is 15% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.95. The Industrial Products industry median PB Ratio is 2.10. Advance Metering Technology's value of 0.39 is 81.4% below this industry median. Based on the distribution chart, Advance Metering Technology ranks #149 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Advance Metering Technology has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advance Metering Technology's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Advance Metering Technology ranks #149 out of 2979 companies for PB Ratio. This places Advance Metering Technology in the top 5% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.10. Advance Metering Technology's value of 0.39 is 81.4% below this benchmark. Historically, Advance Metering Technology's own PB Ratio has ranged from 0.10 to 0.95 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 2.10, Advance Metering Technology 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,979 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. Advance Metering Technology's current PB Ratio of 0.39 is 81.4% 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 Advance Metering Technology and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Metering Technology's current PB Ratio is 0.39, which is 15% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Metering Technology stock overvalued right now?
Based on GuruFocus' analysis, Advance Metering Technology (BOM:534612) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹23.20, compared to a current price of ₹19.39 — trading 16.4% below its estimated fair value. The current PB Ratio is 0.39, which is 15% above median its 10-year median of 0.34 and 81.4% below the Industrial Products industry median of 2.10. Advance Metering Technology's overall GF Score™ is 57/100 with 5 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 Advance Metering Technology (BOM:534612), the current PB Ratio is 0.39 as of Jul. 21, 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 Advance Metering Technology (BOM:534612) Overvalued in 2026?
Based on GuruFocus' analysis, Advance Metering Technology stock appears to be undervalued.
The current stock price of ₹19.39 is trading 16.4% below its estimated GF Value™ of ₹23.20.
GuruFocus considers Advance Metering Technology to be Modestly Undervalued.
Key valuation signals for BOM:534612:
PB Ratio: 0.39 (15% above median its 10-year median of 0.34)
GF Value™: ₹23.20 vs. price of ₹19.39 (16.4% below fair value)
Industry Position: 81.4% below the Industrial Products median (#149 of 2979)
No single metric tells the full story. See the BOM:534612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advance Metering Technology Ltd is engaged in manufacturing and selling energy meters and providing related technical services. It also generates renewable power through windmills and other sources. The company operates in two segments: Renewable Power Generation, which sells electricity generated from wind, and Energy Meters & Others, which includes energy meter sales, rental income, installation services, estate management, and EPC work. Key business areas include meters, smart meters, molding & plastic, contract manufacturing/OEM, CT & LTCT sensors, EMS services, and power generation. The majority of its revenue comes from the Energy Meters & Others segment.
57GF Score
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