Lanka Ashok Leyland (COL:ASHO.N0000) PB Ratio: 1.53 (As of Aug. 08, 2026) — 101% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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COL:ASHO.N0000 Lanka Ashok Leyland PLC COL:ASHO.N0000
78 GF Score
Price රු3,803.75
GF Value රු2,728.25
! 2 Warning Signs
View Full Analysis

What is Lanka Ashok Leyland PB Ratio?

Lanka Ashok Leyland COL:ASHO.N0000 78 PB Ratio is 1.53 as of Aug. 08, 2026, which is 101% above its 10-year median of 0.76. GuruFocus rates COL:ASHO.N0000 with a GF Score™ of 78/100 and a GF Value™ of රු2,728.25. The stock has 2 warning signs investors should review.

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 (2026-08-08), Lanka Ashok Leyland's share price is රු3803.75. Lanka Ashok Leyland's Book Value per Share for the quarter that ended in Mar. 2026 was රු2,479.13. Hence, Lanka Ashok Leyland's PB Ratio of today is 1.53.

Good Sign:

Lanka Ashok Leyland PLC stock PB Ratio (=1.53) is close to 1-year low of 1.53.

The historical rank and industry rank for Lanka Ashok Leyland's PB Ratio or its related term are showing as below:

COL:ASHO.N0000' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.76   Max: 2.13
Current: 1.53

During the past 13 years, Lanka Ashok Leyland's highest PB Ratio was 2.13. The lowest was 0.52. And the median was 0.76.

COL:ASHO.N0000's PB Ratio is not ranked
in the Vehicles & Parts industry.
Industry Median: 1.4 vs COL:ASHO.N0000: 1.53

During the past 12 months, Lanka Ashok Leyland's average Book Value Per Share Growth Rate was 48.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 33.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lanka Ashok Leyland was 62.10% per year. The lowest was 0.20% per year. And the median was 6.85% per year.

Back to Basics: PB Ratio


Lanka Ashok Leyland  (COL:ASHO.N0000) 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.


Lanka Ashok Leyland PB Ratio Related Terms


Lanka Ashok Leyland PB Ratio Historical Data

* Premium members only.

The historical data trend for Lanka Ashok Leyland'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.

Lanka Ashok Leyland PB Ratio Chart

Lanka Ashok Leyland Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.75 0.54 0.57 1.53

Lanka Ashok Leyland Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.89 1.79 1.75 1.53

COL:ASHO.N0000 vs TSLA, GM, F: PB Ratio Comparison

For the Auto Manufacturers subindustry, Lanka Ashok Leyland'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.


Lanka Ashok Leyland PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lanka Ashok Leyland's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lanka Ashok Leyland's PB Ratio falls into.


COL:ASHO.N0000
78GF Score
Lanka Ashok Leyland PLC COL:ASHO.N0000
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lanka Ashok Leyland 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.

Lanka Ashok Leyland's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3803.75/2479.129
=1.53

* 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 1.53 mean?
Lanka Ashok Leyland (COL:ASHO.N0000) has a PB Ratio of 1.53 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lanka Ashok Leyland and its competitors. This is 101% above median its historical median of 0.76. Over the past decade, Lanka Ashok Leyland's PB Ratio has ranged from 0.52 to 2.13.
Is Lanka Ashok Leyland's PB Ratio too high?
Lanka Ashok Leyland's current PB Ratio of 1.53 is 101% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.13. The Vehicles & Parts industry median PB Ratio is 1.40. Lanka Ashok Leyland's value of 1.53 is 9.3% above this industry median. Overall, Lanka Ashok Leyland has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Lanka Ashok Leyland's PB Ratio compare to TSLA and GM?
Lanka Ashok Leyland's PB Ratio of 1.53 can be compared against companies in the Vehicles & Parts industry. The industry median PB Ratio is 1.40. Lanka Ashok Leyland's value of 1.53 is 9.3% above this benchmark. Historically, Lanka Ashok Leyland's own PB Ratio has ranged from 0.52 to 2.13 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.40, Lanka Ashok Leyland 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.40, based on 1,293 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. Lanka Ashok Leyland's current PB Ratio of 1.53 is 9.3% 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 Lanka Ashok Leyland and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lanka Ashok Leyland's current PB Ratio is 1.53, which is 101% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanka Ashok Leyland stock overvalued right now?
Lanka Ashok Leyland (COL:ASHO.N0000) has a current PB Ratio of 1.53. The stock's GF Value™ is රු2,728.25, compared to a current price of රු3,803.75 — trading 39.4% above its estimated fair value. The current PB Ratio is 1.53, which is 101% above median its 10-year median of 0.76 and 9.3% above the Vehicles & Parts industry median of 1.40. Lanka Ashok Leyland's overall GF Score™ is 78/100 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 Lanka Ashok Leyland (COL:ASHO.N0000), the current PB Ratio is 1.53 as of Aug. 08, 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 Lanka Ashok Leyland (COL:ASHO.N0000) Overvalued in 2026?

Based on GuruFocus' analysis, Lanka Ashok Leyland stock appears to be overvalued. The current stock price of රු3,803.75 is trading 39.4% above its estimated GF Value™ of රු2,728.25.

Key valuation signals for COL:ASHO.N0000:

  • PB Ratio: 1.53 (101% above median its 10-year median of 0.76)
  • GF Value™: රු2,728.25 vs. price of රු3,803.75 (39.4% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 9.3% above the Vehicles & Parts median

No single metric tells the full story. See the COL:ASHO.N0000 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lanka Ashok Leyland Business Description

Address No.41, Edward Lane, R. A. De Mel Mawatha, Colombo, LKA, 03
Lanka Ashok Leyland PLC is engaged in the import and assembly of Semi-Knocked-Down (SKD) chassis, fabrication of bodies, import and marketing of Ashok Leyland range of vehicles, service, and maintenance. The company is also involved in the provision of spare parts, power generators, providing vehicles on hire, and carrying out repairs and restoration of commercial vehicles. It derives maximum revenue from the sale of new vehicles in the domestic market and also engages in the export of its products to other countries.
78GF Score

Get the complete analysis for COL:ASHO.N0000

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

රු3,803.75
Price
රු2,728.25
GF Value