Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Indef ManufacturingBOM:544364 +1.55%17 PB Ratio is 2.72 as of Aug. 27, 2026, which is 23% below its 10-year median of 3.53. GuruFocus rates BOM:544364 with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 203 Farm & Heavy Construction Machinery companies, Indef Manufacturing ranks worse than 77.34% on this metric.
Indef Manufacturing Ltd stock PB Ratio (=2.55) is close to 2-year low of 2.55.
The historical rank and industry rank for Indef Manufacturing's PB Ratio or its related term are showing as below:
BOM:544364'
s PB Ratio Range Over the Past 10 Years
Min: 2.55 Med: 3.53 Max: 5.83
Current: 2.71
During the past 4 years, Indef Manufacturing's highest PB Ratio was 5.83. The lowest was 2.55. And the median was 3.53.
BOM:544364's PB Ratio is ranked worse than 77.34% of 203
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.51
vs BOM:544364: 2.71
During the past 12 months, Indef Manufacturing's average Book Value Per Share Growth Rate 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.
Indef Manufacturing PB Ratio Related Terms
Indef Manufacturing PB Ratio Historical Data
* Premium members only.
The historical data trend for Indef Manufacturing'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 Farm & Heavy Construction Machinery subindustry, Indef Manufacturing'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.
Indef Manufacturing PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Indef Manufacturing's PB Ratio distribution charts can be found below:
* The bar in red indicates where Indef Manufacturing'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.
Indef Manufacturing (BOM:544364) has a PB Ratio of 2.72 as of Aug. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indef Manufacturing and its competitors. This is 23% below median its historical median of 3.53. Over the past decade, Indef Manufacturing's PB Ratio has ranged from 2.55 to 5.83. According to the industry distribution chart, Indef Manufacturing ranks #157 out of 203 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 77.3%.
Is Indef Manufacturing's PB Ratio too high?
Indef Manufacturing's current PB Ratio of 2.72 is 23% below median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 2.55 to a high of 5.83. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.51. Indef Manufacturing's value of 2.72 is 80.1% above this industry median. Based on the distribution chart, Indef Manufacturing ranks #157 out of 203 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Indef Manufacturing has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indef Manufacturing's PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Indef Manufacturing ranks #157 out of 203 companies for PB Ratio. This places Indef Manufacturing in the lower half of its industry. The industry median PB Ratio is 1.51. Indef Manufacturing's value of 2.72 is 80.1% above this benchmark. Historically, Indef Manufacturing's own PB Ratio has ranged from 2.55 to 5.83 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 1.51, Indef Manufacturing 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 a Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 203 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. Indef Manufacturing's current PB Ratio of 2.72 is 80.1% 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 Indef Manufacturing and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indef Manufacturing's current PB Ratio is 2.72, which is 23% below median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indef Manufacturing stock overvalued right now?
Indef Manufacturing (BOM:544364) has a current PB Ratio of 2.72. The current PB Ratio is 2.72, which is 23% below median its 10-year median of 3.53 and 80.1% above the Farm & Heavy Construction Machinery industry median of 1.51. Indef Manufacturing's overall GF Score™ is 17/100 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 Indef Manufacturing (BOM:544364), the current PB Ratio is 2.72 as of Aug. 27, 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.
Indef Manufacturing Ltd specializes in producing high-quality industrial components. The company focuses on precision engineering and manufacturing techniques. The company serves diverse sectors including automotive, aerospace, and construction. Committed to quality and sustainability and delivers reliable products globally.
17GF Score
Get the complete analysis for BOM:544364
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544364 has been successfully added to your 
