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Megatherm InductionNSE:MEGATHERM -2.08%43 PB Ratio is 2.42 as of Jul. 25, 2026, which is 45% below its 10-year median of 4.38. GuruFocus rates NSE:MEGATHERM with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 2,982 Industrial Products companies, Megatherm Induction ranks worse than 56.94% on this metric.
The historical rank and industry rank for Megatherm Induction's PB Ratio or its related term are showing as below:
NSE:MEGATHERM'
s PB Ratio Range Over the Past 10 Years
Min: 2.19 Med: 4.38 Max: 13.6
Current: 2.41
During the past 6 years, Megatherm Induction's highest PB Ratio was 13.60. The lowest was 2.19. And the median was 4.38.
NSE:MEGATHERM's PB Ratio is ranked worse than 56.94% of 2982
companies
in the Industrial Products industry
Industry Median: 2.12
vs NSE:MEGATHERM: 2.41
During the past 12 months, Megatherm Induction's average Book Value Per Share Growth Rate was 16.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 48.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 43.60% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Megatherm Induction was 57.00% per year. The lowest was 48.40% per year. And the median was 50.80% per year.
Back to Basics: PB Ratio
Megatherm Induction (NSE:MEGATHERM) PB Ratio Explanation
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.
Megatherm Induction PB Ratio Related Terms
Megatherm Induction PB Ratio Historical Data
* Premium members only.
The historical data trend for Megatherm Induction'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.
NSE:MEGATHERM vs GEV, ETN, PH: PB Ratio Comparison
For the Specialty Industrial Machinery subindustry, Megatherm Induction'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.
Megatherm Induction PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Megatherm Induction's PB Ratio distribution charts can be found below:
* The bar in red indicates where Megatherm Induction'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.
Megatherm Induction (NSE:MEGATHERM) has a PB Ratio of 2.42 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Megatherm Induction and its competitors. This is 45% below median its historical median of 4.38. Over the past decade, Megatherm Induction's PB Ratio has ranged from 2.19 to 13.60. According to the industry distribution chart, Megatherm Induction ranks #1698 out of 2982 companies in the Industrial Products industry, placing it in the top 56.9%.
Is Megatherm Induction's PB Ratio too high?
Megatherm Induction's current PB Ratio of 2.42 is 45% below median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 13.60. The Industrial Products industry median PB Ratio is 2.12. Megatherm Induction's value of 2.42 is 14.2% above this industry median. Based on the distribution chart, Megatherm Induction ranks #1698 out of 2982 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Megatherm Induction has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Megatherm Induction's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Megatherm Induction ranks #1698 out of 2982 companies for PB Ratio. This places Megatherm Induction in the lower half of its industry. The industry median PB Ratio is 2.12. Megatherm Induction's value of 2.42 is 14.2% above this benchmark. Historically, Megatherm Induction's own PB Ratio has ranged from 2.19 to 13.60 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 2.12, Megatherm Induction 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 2.12, based on 2,982 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. Megatherm Induction's current PB Ratio of 2.42 is 14.2% 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 Megatherm Induction and its competitors. For the Industrial Products industry, the median PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megatherm Induction's current PB Ratio is 2.42, which is 45% below median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megatherm Induction stock overvalued right now?
Megatherm Induction (NSE:MEGATHERM) has a current PB Ratio of 2.42. The current PB Ratio is 2.42, which is 45% below median its 10-year median of 4.38 and 14.2% above the Industrial Products industry median of 2.12. Megatherm Induction's overall GF Score™ is 43/100 with 5 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 Megatherm Induction (NSE:MEGATHERM), the current PB Ratio is 2.42 as of Jul. 25, 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.
Megatherm Induction Ltd is mainly involved in manufacturing and selling capital equipment such as induction melting and heating equipment, arc melting furnaces, ladle refining furnaces, continuous casting machines, and transformers. The company's products include automation, forging shop and mass heating equipment, foundry melt shop equipment, heat treatment and special applications, and pipes and tubes for heating, welding, and steel melt shop equipment. The company generates the majority of its revenue from India, with some revenue coming from international sales.
43GF Score
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