Aztec Fluids & Machinery (BOM:544177) PB Ratio: 2.19 (As of Aug. 22, 2026) — 24% Below Median

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BOM:544177 Aztec Fluids & Machinery Ltd BOM:544177
17 GF Score
Price ₹92.70
! 2 Warning Signs
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What is Aztec Fluids & Machinery PB Ratio?

Aztec Fluids & Machinery BOM:544177 -2.42% 17 PB Ratio is 2.19 as of Aug. 22, 2026, which is 24% below its 10-year median of 2.88. GuruFocus rates BOM:544177 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,986 Industrial Products companies, Aztec Fluids & Machinery ranks worse than 50.94% 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 (2026-08-22), Aztec Fluids & Machinery's share price is ₹92.70. Aztec Fluids & Machinery's Book Value per Share for the quarter that ended in Mar. 2026 was ₹42.30. Hence, Aztec Fluids & Machinery's PB Ratio of today is 2.19.

Good Sign:

Aztec Fluids & Machinery Ltd stock PB Ratio (=2.19) is close to 3-year low of 1.99.

The historical rank and industry rank for Aztec Fluids & Machinery's PB Ratio or its related term are showing as below:

BOM:544177' s PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 2.88   Max: 10.15
Current: 2.19

During the past 5 years, Aztec Fluids & Machinery's highest PB Ratio was 10.15. The lowest was 1.99. And the median was 2.88.

BOM:544177's PB Ratio is ranked worse than
50.94% of 2986 companies
in the Industrial Products industry
Industry Median: 2.185 vs BOM:544177: 2.19

During the past 12 months, Aztec Fluids & Machinery's average Book Value Per Share Growth Rate was 14.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 66.80% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Aztec Fluids & Machinery was 73.50% per year. The lowest was 66.80% per year. And the median was 70.15% per year.

Back to Basics: PB Ratio


Aztec Fluids & Machinery  (BOM:544177) 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.


Aztec Fluids & Machinery PB Ratio Related Terms


Aztec Fluids & Machinery PB Ratio Historical Data

* Premium members only.

The historical data trend for Aztec Fluids & Machinery'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.

Aztec Fluids & Machinery PB Ratio Chart

Aztec Fluids & Machinery Annual Data
Trend Mar21 Mar22 Mar23 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 2.28 1.96

Aztec Fluids & Machinery Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 2.72 2.28 2.39 1.96

BOM:544177 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Aztec Fluids & Machinery'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.


Aztec Fluids & Machinery PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aztec Fluids & Machinery's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aztec Fluids & Machinery's PB Ratio falls into.


BOM:544177
17GF Score
Aztec Fluids & Machinery Ltd BOM:544177
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aztec Fluids & Machinery 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.

Aztec Fluids & Machinery's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=92.70/42.3
=2.19

* 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 2.19 mean?
Aztec Fluids & Machinery (BOM:544177) has a PB Ratio of 2.19 as of Aug. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aztec Fluids & Machinery and its competitors. This is 24% below median its historical median of 2.88. Over the past decade, Aztec Fluids & Machinery's PB Ratio has ranged from 1.99 to 10.15. According to the industry distribution chart, Aztec Fluids & Machinery ranks #1521 out of 2986 companies in the Industrial Products industry, placing it in the top 50.9%.
Is Aztec Fluids & Machinery's PB Ratio too high?
Aztec Fluids & Machinery's current PB Ratio of 2.19 is 24% below median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 10.15. The Industrial Products industry median PB Ratio is 2.19. Aztec Fluids & Machinery's value of 2.19 is 0.2% above this industry median. Based on the distribution chart, Aztec Fluids & Machinery ranks #1521 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Aztec Fluids & Machinery has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Aztec Fluids & Machinery's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Aztec Fluids & Machinery ranks #1521 out of 2986 companies for PB Ratio. This places Aztec Fluids & Machinery in the lower half of its industry. The industry median PB Ratio is 2.19. Aztec Fluids & Machinery's value of 2.19 is 0.2% above this benchmark. Historically, Aztec Fluids & Machinery's own PB Ratio has ranged from 1.99 to 10.15 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 2.19, Aztec Fluids & Machinery 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 2.19, based on 2,986 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. Aztec Fluids & Machinery's current PB Ratio of 2.19 is 0.2% 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 Aztec Fluids & Machinery and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aztec Fluids & Machinery's current PB Ratio is 2.19, which is 24% below median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztec Fluids & Machinery stock overvalued right now?
Aztec Fluids & Machinery (BOM:544177) has a current PB Ratio of 2.19. The current PB Ratio is 2.19, which is 24% below median its 10-year median of 2.88 and 0.2% above the Industrial Products industry median of 2.19. Aztec Fluids & Machinery's overall GF Score™ is 17/100 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 Aztec Fluids & Machinery (BOM:544177), the current PB Ratio is 2.19 as of Aug. 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.

Aztec Fluids & Machinery Business Description

Address Near Krishnabag Four Road, Part H Plinth,4th Floor, Takshashila Square, Maninagar, Ahmedabad, GJ, IND, 380028
Aztec Fluids & Machinery Ltd provides coding and marking solutions to a diverse range of industries such as personal care, food & beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive & electronics, agrochemicals, chemicals & petrochemicals, etc. The company operates in a single segment which is Manufacturing of Printers, trading of inks used therein and consumables. Its product portfolio includes (i) printers such as continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers), and laser printers (ii) printer inks and (iii) printer consumable items i.e. makeup and cleaning solvents.
17GF Score

Get the complete analysis for BOM:544177

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

₹92.70
Price