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Axtel IndustriesNSE:AXTEL +1.94%70 PB Ratio is 5.34 as of Aug. 23, 2026, which is 7% above its 10-year median of 4.97. GuruFocus rates NSE:AXTEL with a GF Score™ of 70/100 and a GF Value™ of ₹621.01 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,990 Industrial Products companies, Axtel Industries ranks worse than 81.2% 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 (2026-08-23), Axtel Industries's share price is ₹411.95. Axtel Industries's Book Value per Share for the quarter that ended in Jun. 2026 was ₹77.16. Hence, Axtel Industries's PB Ratio of today is 5.34.
Good Sign:
Axtel Industries Ltd stock PB Ratio (=5.29) is close to 3-year low of 5.04.
The historical rank and industry rank for Axtel Industries's PB Ratio or its related term are showing as below:
NSE:AXTEL'
s PB Ratio Range Over the Past 10 Years
Min: 1.78 Med: 4.97 Max: 10.86
Current: 5.29
During the past 13 years, Axtel Industries's highest PB Ratio was 10.86. The lowest was 1.78. And the median was 4.97.
NSE:AXTEL's PB Ratio is ranked worse than 81.2% of 2990
companies
in the Industrial Products industry
Industry Median: 2.18
vs NSE:AXTEL: 5.29
During the past 12 months, Axtel Industries's average Book Value Per Share Growth Rate was 1.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Axtel Industries was 20.50% per year. The lowest was -11.30% per year. And the median was 15.80% 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.
Axtel Industries PB Ratio Related Terms
Axtel Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Axtel Industries'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, Axtel Industries'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.
Axtel Industries PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Axtel Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Axtel Industries'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.
Axtel Industries (NSE:AXTEL) has a PB Ratio of 5.34 as of Aug. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Axtel Industries and its competitors. This is near median its historical median of 4.97. Over the past decade, Axtel Industries' PB Ratio has ranged from 1.78 to 10.86. According to the industry distribution chart, Axtel Industries ranks #2428 out of 2990 companies in the Industrial Products industry, placing it in the top 81.2%.
Is Axtel Industries' PB Ratio too high?
Axtel Industries' current PB Ratio of 5.34 is near median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 10.86. The Industrial Products industry median PB Ratio is 2.18. Axtel Industries' value of 5.34 is 145% above this industry median. Based on the distribution chart, Axtel Industries ranks #2428 out of 2990 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Axtel Industries has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axtel Industries' PB Ratio compare to ?
According to the Industrial Products industry distribution chart, Axtel Industries ranks #2428 out of 2990 companies for PB Ratio. This places Axtel Industries in the lower half of its industry. The industry median PB Ratio is 2.18. Axtel Industries' value of 5.34 is 145% above this benchmark. Historically, Axtel Industries' own PB Ratio has ranged from 1.78 to 10.86 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 2.18, Axtel Industries 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 2.18, based on 2,990 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. Axtel Industries's current PB Ratio of 5.34 is 145% 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 Axtel Industries and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtel Industries's current PB Ratio is 5.34, which is near median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtel Industries stock overvalued right now?
Based on GuruFocus' analysis, Axtel Industries (NSE:AXTEL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹621.01, compared to a current price of ₹411.95 — trading 33.7% below its estimated fair value. The current PB Ratio is 5.34, which is near median its 10-year median of 4.97 and 145% above the Industrial Products industry median of 2.18. Axtel Industries' overall GF Score™ is 70/100 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 Axtel Industries (NSE:AXTEL), the current PB Ratio is 5.34 as of Aug. 23, 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 Axtel Industries (NSE:AXTEL) Overvalued in 2026?
Based on GuruFocus' analysis, Axtel Industries stock appears to be undervalued.
The current stock price of ₹411.95 is trading 33.7% below its estimated GF Value™ of ₹621.01.
GuruFocus considers Axtel Industries to be Significantly Undervalued.
Key valuation signals for NSE:AXTEL:
PB Ratio: 5.34 (near median its 10-year median of 4.97)
GF Value™: ₹621.01 vs. price of ₹411.95 (33.7% below fair value)
Industry Position: 145% above the Industrial Products median (#2428 of 2990)
No single metric tells the full story. See the NSE:AXTEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axtel Industries Ltd is engaged in the business of manufacturing process engineering equipment for food processing Industries. The company offers various food processing systems, such as size reduction systems, mixing systems, spice processing systems, and steam sterilization systems, etc. In addition, it also offers a wide range of process equipment such as belt conveyors, bulk loaders, storage tanks, hammer mills, and other equipment for mixing and blending, storage, solids handling, and other applications. The company has only one segment of manufacturing food processing instruments and equipments. Geographically, it derives maximum revenue from its business within India, and also has some exposure to other markets.
70GF Score
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