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INOX IndiaBOM:544046 +1.43%65 PB Ratio is 15.75 as of Aug. 14, 2026, which is 24% above its 10-year median of 12.68. GuruFocus rates BOM:544046 with a GF Score™ of 65/100 and a GF Value™ of ₹1,580.62 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,980 Industrial Products companies, INOX India ranks worse than 96.48% 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 (2026-08-14), INOX India's share price is ₹1939.20. INOX India's Book Value per Share for the quarter that ended in Jun. 2026 was ₹123.13. Hence, INOX India's PB Ratio of today is 15.75.
Warning Sign:
INOX India Ltd stock PB Ratio (=15.74) is close to 2-year high of 15.74.
The historical rank and industry rank for INOX India's PB Ratio or its related term are showing as below:
BOM:544046'
s PB Ratio Range Over the Past 10 Years
Min: 10.09 Med: 12.68 Max: 19.89
Current: 15.79
During the past 6 years, INOX India's highest PB Ratio was 19.89. The lowest was 10.09. And the median was 12.68.
BOM:544046's PB Ratio is ranked worse than 96.48% of 2980
companies
in the Industrial Products industry
Industry Median: 2.215
vs BOM:544046: 15.79
During the past 12 months, INOX India's average Book Value Per Share Growth Rate was 27.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of INOX India was 26.70% per year. The lowest was 20.30% per year. And the median was 20.40% 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.
INOX India PB Ratio Related Terms
INOX India PB Ratio Historical Data
* Premium members only.
The historical data trend for INOX 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.
For the Specialty Industrial Machinery subindustry, INOX 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.
INOX India PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, INOX India's PB Ratio distribution charts can be found below:
* The bar in red indicates where INOX India'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.
INOX India's PB Ratio for today is calculated as follows:
* 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.
INOX India (BOM:544046) has a PB Ratio of 15.75 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on INOX India and its competitors. This is 24% above median its historical median of 12.68. Over the past decade, INOX India's PB Ratio has ranged from 10.09 to 19.89. According to the industry distribution chart, INOX India ranks #2875 out of 2980 companies in the Industrial Products industry, placing it in the top 96.5%.
Is INOX India's PB Ratio too high?
INOX India's current PB Ratio of 15.75 is 24% above median its 10-year median of 12.68. Over the past 10 years, this metric has ranged from a low of 10.09 to a high of 19.89. The Industrial Products industry median PB Ratio is 2.22. INOX India's value of 15.75 is 611.1% above this industry median. Based on the distribution chart, INOX India ranks #2875 out of 2980 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, INOX India has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INOX India's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, INOX India ranks #2875 out of 2980 companies for PB Ratio. This places INOX India in the lower half of its industry. The industry median PB Ratio is 2.22. INOX India's value of 15.75 is 611.1% above this benchmark. Historically, INOX India's own PB Ratio has ranged from 10.09 to 19.89 over the past decade. While the company's 10-year median is 12.68 vs. the industry median of 2.22, INOX 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.22, based on 2,980 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. INOX India's current PB Ratio of 15.75 is 611.1% 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 INOX India and its competitors. For the Industrial Products industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INOX India's current PB Ratio is 15.75, which is 24% above median its own 10-year median of 12.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX India stock overvalued right now?
Based on GuruFocus' analysis, INOX India (BOM:544046) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,580.62, compared to a current price of ₹1,939.20 — trading 22.7% above its estimated fair value. The current PB Ratio is 15.75, which is 24% above median its 10-year median of 12.68 and 611.1% above the Industrial Products industry median of 2.22. INOX India's overall GF Score™ is 65/100 with 9 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 INOX India (BOM:544046), the current PB Ratio is 15.75 as of Aug. 14, 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 INOX India (BOM:544046) Overvalued in 2026?
Based on GuruFocus' analysis, INOX India stock appears to be overvalued.
The current stock price of ₹1,939.20 is trading 22.7% above its estimated GF Value™ of ₹1,580.62.
GuruFocus considers INOX India to be Modestly Overvalued.
Key valuation signals for BOM:544046:
PB Ratio: 15.75 (24% above median its 10-year median of 12.68)
GF Value™: ₹1,580.62 vs. price of ₹1,939.20 (22.7% above fair value)
Industry Position: 611.1% above the Industrial Products median (#2875 of 2980)
No single metric tells the full story. See the BOM:544046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INOX India Ltd is a manufacturer of cryogenic equipment and cryogenic tanks. The company's products include standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large turnkey projects which are used in diverse industries such as industrial gases, liquified natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and construction. The company generates revenue from India, Korea, France, Japan, Saudi Arabia, and other regions.
65GF Score
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