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Tirupati InnovarBOM:539040 +0.98%34 PB Ratio is 0.29 as of Aug. 25, 2026, which is 46% below its 10-year median of 0.54. GuruFocus rates BOM:539040 with a GF Score™ of 34/100. The stock has 3 warning signs investors should review. Among 1,296 Vehicles & Parts companies, Tirupati Innovar ranks better than 93.21% 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 (2026-08-25), Tirupati Innovar's share price is ₹6.21. Tirupati Innovar's Book Value per Share for the quarter that ended in Mar. 2026 was ₹21.05. Hence, Tirupati Innovar's PB Ratio of today is 0.29.
Good Sign:
Tirupati Innovar Ltd stock PB Ratio (=0.29) is close to 5-year low of 0.27.
The historical rank and industry rank for Tirupati Innovar's PB Ratio or its related term are showing as below:
BOM:539040'
s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.54 Max: 3.59
Current: 0.29
During the past 13 years, Tirupati Innovar's highest PB Ratio was 3.59. The lowest was 0.18. And the median was 0.54.
BOM:539040's PB Ratio is ranked better than 93.21% of 1296
companies
in the Vehicles & Parts industry
Industry Median: 1.41
vs BOM:539040: 0.29
During the past 12 months, Tirupati Innovar's average Book Value Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 56.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tirupati Innovar was 94.10% per year. The lowest was -22.50% per year. And the median was 1.40% 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.
Tirupati Innovar PB Ratio Related Terms
Tirupati Innovar PB Ratio Historical Data
* Premium members only.
The historical data trend for Tirupati Innovar'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 Auto Parts subindustry, Tirupati Innovar'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.
Tirupati Innovar PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tirupati Innovar's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tirupati Innovar'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.
Tirupati Innovar (BOM:539040) has a PB Ratio of 0.29 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tirupati Innovar and its competitors. This is 46% below median its historical median of 0.54. Over the past decade, Tirupati Innovar's PB Ratio has ranged from 0.18 to 3.59. According to the industry distribution chart, Tirupati Innovar ranks #88 out of 1296 companies in the Vehicles & Parts industry, placing it in the top 6.8%.
Is Tirupati Innovar's PB Ratio too high?
Tirupati Innovar's current PB Ratio of 0.29 is 46% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 3.59. The Vehicles & Parts industry median PB Ratio is 1.41. Tirupati Innovar's value of 0.29 is 79.4% below this industry median. Based on the distribution chart, Tirupati Innovar ranks #88 out of 1296 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tirupati Innovar has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Tirupati Innovar's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tirupati Innovar ranks #88 out of 1296 companies for PB Ratio. This places Tirupati Innovar in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.41. Tirupati Innovar's value of 0.29 is 79.4% below this benchmark. Historically, Tirupati Innovar's own PB Ratio has ranged from 0.18 to 3.59 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.41, Tirupati Innovar 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 a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.41, based on 1,296 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. Tirupati Innovar's current PB Ratio of 0.29 is 79.4% 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 Tirupati Innovar and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirupati Innovar's current PB Ratio is 0.29, which is 46% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirupati Innovar stock overvalued right now?
Tirupati Innovar (BOM:539040) has a current PB Ratio of 0.29. The current PB Ratio is 0.29, which is 46% below median its 10-year median of 0.54 and 79.4% below the Vehicles & Parts industry median of 1.41. Tirupati Innovar's overall GF Score™ is 34/100 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 Tirupati Innovar (BOM:539040), the current PB Ratio is 0.29 as of Aug. 25, 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.
Tirupati Innovar Ltd, formerly Tirupati Tyres Ltd is a tyre manufacturer in India catering to diverse business segments in the automobile industry. It manufactures and retails tires and tubes for cycles, bicycles, motorcycles, auto rickshaws, and other vehicles in India. The company serves diverse segments within the automobile industry by providing a range of rubber products tailored for different vehicle types. It operates through a network of dealers and distributors to reach its customers. Revenue prominently comes from the sale of tires and related products, supported by manufacturing and trading activities. The company focuses on delivering quality solutions aimed at meeting the needs of various transportation sectors.
34GF Score
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