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Harish Textile EngineersBOM:542682 +1.71%76 PB Ratio is 1.64 as of Aug. 10, 2026, which is 4% above its 10-year median of 1.58. GuruFocus rates BOM:542682 with a GF Score™ of 76/100 and a GF Value™ of ₹66.31 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,978 Industrial Products companies, Harish Textile Engineers ranks better than 63.1% on this metric.
The historical rank and industry rank for Harish Textile Engineers's PB Ratio or its related term are showing as below:
BOM:542682'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.58 Max: 4.2
Current: 1.64
During the past 10 years, Harish Textile Engineers's highest PB Ratio was 4.20. The lowest was 0.62. And the median was 1.58.
BOM:542682's PB Ratio is ranked better than 63.1% of 2978
companies
in the Industrial Products industry
Industry Median: 2.21
vs BOM:542682: 1.64
During the past 12 months, Harish Textile Engineers's average Book Value Per Share Growth Rate was 62.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Harish Textile Engineers was 16.60% per year. The lowest was -2.40% 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 Specialty Industrial Machinery subindustry, Harish Textile Engineers'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.
Harish Textile Engineers PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harish Textile Engineers's PB Ratio distribution charts can be found below:
* The bar in red indicates where Harish Textile Engineers'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.
Harish Textile Engineers (BOM:542682) has a PB Ratio of 1.64 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Harish Textile Engineers and its competitors. This is near median its historical median of 1.58. Over the past decade, Harish Textile Engineers' PB Ratio has ranged from 0.62 to 4.20. According to the industry distribution chart, Harish Textile Engineers ranks #1099 out of 2978 companies in the Industrial Products industry, placing it in the top 36.9%.
Is Harish Textile Engineers' PB Ratio too high?
Harish Textile Engineers' current PB Ratio of 1.64 is near median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 4.20. The Industrial Products industry median PB Ratio is 2.21. Harish Textile Engineers' value of 1.64 is 25.8% below this industry median. Based on the distribution chart, Harish Textile Engineers ranks #1099 out of 2978 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harish Textile Engineers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harish Textile Engineers' PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Harish Textile Engineers ranks #1099 out of 2978 companies for PB Ratio. This puts Harish Textile Engineers in the upper half of its industry. The industry median PB Ratio is 2.21. Harish Textile Engineers' value of 1.64 is 25.8% below this benchmark. Historically, Harish Textile Engineers' own PB Ratio has ranged from 0.62 to 4.20 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 2.21, Harish Textile Engineers 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 2.21, based on 2,978 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. Harish Textile Engineers's current PB Ratio of 1.64 is 25.8% 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 Harish Textile Engineers and its competitors. For the Industrial Products industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harish Textile Engineers's current PB Ratio is 1.64, which is near median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harish Textile Engineers stock overvalued right now?
Based on GuruFocus' analysis, Harish Textile Engineers (BOM:542682) is currently considered Fairly Valued. The stock's GF Value™ is ₹66.31, compared to a current price of ₹70.84 — trading 6.8% above its estimated fair value. The current PB Ratio is 1.64, which is near median its 10-year median of 1.58 and 25.8% below the Industrial Products industry median of 2.21. Harish Textile Engineers' overall GF Score™ is 76/100 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 Harish Textile Engineers (BOM:542682), the current PB Ratio is 1.64 as of Aug. 10, 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 Harish Textile Engineers (BOM:542682) Overvalued in 2026?
Based on GuruFocus' analysis, Harish Textile Engineers stock appears to be overvalued.
The current stock price of ₹70.84 is trading 6.8% above its estimated GF Value™ of ₹66.31.
GuruFocus considers Harish Textile Engineers to be Fairly Valued.
Key valuation signals for BOM:542682:
PB Ratio: 1.64 (near median its 10-year median of 1.58)
GF Value™: ₹66.31 vs. price of ₹70.84 (6.8% above fair value)
Industry Position: 25.8% below the Industrial Products median (#1099 of 2978)
No single metric tells the full story. See the BOM:542682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harish Textile Engineers Ltd is engaged in the manufacturing of textile processing and finishing machinery, the production of non-woven fabrics, and the production of polyester staple fiber. Its segments include Textile Engineering, Non-Woven and PSF. It offers products such as Stenter, Rotary Printing, Jigger, Dyeing Padder, Coater, Scouring, Curing, Relax Dryer, fabrics for automotive interiors, shoe liners, and various other products. The company generates key revenue from the Non-Woven segment.
76GF Score
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