Prakash PipesNSE:PPL +0.58%74 PB Ratio is 1.31 as of Jun. 26, 2026, which is 17% below its 10-year median of 1.57. GuruFocus rates NSE:PPL with a GF Score™ of 74/100 and a GF Value™ of ₹423.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,722 Construction companies, Prakash Pipes ranks better than 50.58% 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 (2026-06-26), Prakash Pipes's share price is ₹262.74. Prakash Pipes's Book Value per Share for the quarter that ended in Mar. 2026 was ₹200.17. Hence, Prakash Pipes's PB Ratio of today is 1.31.
The historical rank and industry rank for Prakash Pipes's PB Ratio or its related term are showing as below:
NSE:PPL'
s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 1.57 Max: 3.41
Current: 1.3
During the past 9 years, Prakash Pipes's highest PB Ratio was 3.41. The lowest was 0.38. And the median was 1.57.
NSE:PPL's PB Ratio is ranked better than 50.58% of 1722
companies
in the Construction industry
Industry Median: 1.31
vs NSE:PPL: 1.30
During the past 12 months, Prakash Pipes's average Book Value Per Share Growth Rate was 7.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.30% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Prakash Pipes was 2420.80% per year. The lowest was 19.80% per year. And the median was 23.00% 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.
Prakash Pipes PB Ratio Related Terms
Prakash Pipes PB Ratio Historical Data
* Premium members only.
The historical data trend for Prakash Pipes'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 Building Products & Equipment subindustry, Prakash Pipes'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.
Prakash Pipes PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Prakash Pipes's PB Ratio distribution charts can be found below:
* The bar in red indicates where Prakash Pipes'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.
Prakash Pipes's PB Ratio for today is calculated as follows:
* 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.
Prakash Pipes (NSE:PPL) has a PB Ratio of 1.31 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Prakash Pipes and its competitors. This is 17% below median its historical median of 1.57. Over the past decade, Prakash Pipes' PB Ratio has ranged from 0.38 to 3.41. According to the industry distribution chart, Prakash Pipes ranks #851 out of 1722 companies in the Construction industry, placing it in the top 49.4%.
Is Prakash Pipes' PB Ratio too high?
Prakash Pipes' current PB Ratio of 1.31 is 17% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 3.41. The Construction industry median PB Ratio is 1.31. Prakash Pipes' value of 1.31 is 0% at this industry median. Based on the distribution chart, Prakash Pipes ranks #851 out of 1722 companies in the Construction industry, which is above the industry midpoint. Overall, Prakash Pipes has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Prakash Pipes' PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Prakash Pipes ranks #851 out of 1722 companies for PB Ratio. This puts Prakash Pipes in the upper half of its industry. The industry median PB Ratio is 1.31. Prakash Pipes' value of 1.31 is 0% at this benchmark. Historically, Prakash Pipes' own PB Ratio has ranged from 0.38 to 3.41 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.31, Prakash Pipes has consistently been at 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 1.31, based on 1,722 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. Prakash Pipes's current PB Ratio of 1.31 is 0% at 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 Prakash Pipes and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Pipes's current PB Ratio is 1.31, which is 17% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Pipes stock overvalued right now?
Based on GuruFocus' analysis, Prakash Pipes (NSE:PPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹423.38, compared to a current price of ₹262.74 — trading 37.9% below its estimated fair value. The current PB Ratio is 1.31, which is 17% below median its 10-year median of 1.57 and 0% at the Construction industry median of 1.31. Prakash Pipes' overall GF Score™ is 74/100 with 7 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 Prakash Pipes (NSE:PPL), the current PB Ratio is 1.31 as of Jun. 26, 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 Prakash Pipes (NSE:PPL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Pipes stock appears to be undervalued.
The current stock price of ₹262.74 is trading 37.9% below its estimated GF Value™ of ₹423.38.
GuruFocus considers Prakash Pipes to be Possible Value Trap.
Key valuation signals for NSE:PPL:
PB Ratio: 1.31 (17% below median its 10-year median of 1.57)
GF Value™: ₹423.38 vs. price of ₹262.74 (37.9% below fair value)
Industry Position: 0% at the Construction median (#851 of 1722)
No single metric tells the full story. See the NSE:PPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes, and their related Fittings. Its segments are PVC Pipe and fittings, and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fittings.
74GF Score
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