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Highway InfrastructureBOM:544477 -0.07%18 PB Ratio is 1.44 as of Aug. 01, 2026, which is 14% below its 10-year median of 1.67. GuruFocus rates BOM:544477 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,720 Construction companies, Highway Infrastructure ranks worse than 54.71% on this metric.
Highway Infrastructure Ltd stock PB Ratio (=1.38) is close to 1-year low of 1.38.
The historical rank and industry rank for Highway Infrastructure's PB Ratio or its related term are showing as below:
BOM:544477'
s PB Ratio Range Over the Past 10 Years
Min: 1.38 Med: 1.67 Max: 2.73
Current: 1.49
During the past 5 years, Highway Infrastructure's highest PB Ratio was 2.73. The lowest was 1.38. And the median was 1.67.
BOM:544477's PB Ratio is ranked worse than 54.71% of 1720
companies
in the Construction industry
Industry Median: 1.32
vs BOM:544477: 1.49
During the past 12 months, Highway Infrastructure's average Book Value Per Share Growth Rate was 102.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 45.50% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Highway Infrastructure was 45.50% per year. The lowest was 21.80% per year. And the median was 33.65% 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.
Highway Infrastructure PB Ratio Competitor Comparison
For the Infrastructure Operations subindustry, Highway Infrastructure'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.
Highway Infrastructure PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Highway Infrastructure's PB Ratio distribution charts can be found below:
* The bar in red indicates where Highway Infrastructure'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.
Highway Infrastructure (BOM:544477) has a PB Ratio of 1.44 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Highway Infrastructure and its competitors. This is 14% below median its historical median of 1.67. Over the past decade, Highway Infrastructure's PB Ratio has ranged from 1.38 to 2.73. According to the industry distribution chart, Highway Infrastructure ranks #941 out of 1720 companies in the Construction industry, placing it in the top 54.7%.
Is Highway Infrastructure's PB Ratio too high?
Highway Infrastructure's current PB Ratio of 1.44 is 14% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 2.73. The Construction industry median PB Ratio is 1.32. Highway Infrastructure's value of 1.44 is 9.1% above this industry median. Based on the distribution chart, Highway Infrastructure ranks #941 out of 1720 companies in the Construction industry, which is below the industry midpoint. Overall, Highway Infrastructure has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highway Infrastructure's PB Ratio compare to competitors?
According to the Construction industry distribution chart, Highway Infrastructure ranks #941 out of 1720 companies for PB Ratio. This places Highway Infrastructure in the lower half of its industry. The industry median PB Ratio is 1.32. Highway Infrastructure's value of 1.44 is 9.1% above this benchmark. Historically, Highway Infrastructure's own PB Ratio has ranged from 1.38 to 2.73 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.32, Highway Infrastructure 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,720 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. Highway Infrastructure's current PB Ratio of 1.44 is 9.1% 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 Highway Infrastructure and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highway Infrastructure's current PB Ratio is 1.44, which is 14% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Infrastructure stock overvalued right now?
Highway Infrastructure (BOM:544477) has a current PB Ratio of 1.44. The current PB Ratio is 1.44, which is 14% below median its 10-year median of 1.67 and 9.1% above the Construction industry median of 1.32. Highway Infrastructure's overall GF Score™ is 18/100 with 4 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 Highway Infrastructure (BOM:544477), the current PB Ratio is 1.44 as of Aug. 01, 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.
Highway Infrastructure Ltd is an infrastructure development and management Company. It is engaged in the business of tollway collection, EPC Infra and real estate business. It is one of the few toll operators who have managed tollway collection based on ANPR technology on Delhi-Meerut Expressway. The Company has operated tolls on some of the known inter-state and intra-state expressways across 11 states and one Union Territory.
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