PSP ProjectsNSE:PSPPROJECT -1.10%81 PB Ratio is 3.10 as of Jun. 26, 2026, which is 5% above its 10-year median of 2.96. GuruFocus rates NSE:PSPPROJECT with a GF Score™ of 81/100 and a GF Value™ of ₹913.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,722 Construction companies, PSP Projects ranks worse than 77.93% 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), PSP Projects's share price is ₹988.30. PSP Projects's Book Value per Share for the quarter that ended in Mar. 2026 was ₹318.84. Hence, PSP Projects's PB Ratio of today is 3.10.
Warning Sign:
PSP Projects Ltd stock PB Ratio (=3.1) is close to 3-year high of 3.25.
The historical rank and industry rank for PSP Projects's PB Ratio or its related term are showing as below:
NSE:PSPPROJECT'
s PB Ratio Range Over the Past 10 Years
Min: 1.97 Med: 2.96 Max: 5.36
Current: 3.1
During the past 13 years, PSP Projects's highest PB Ratio was 5.36. The lowest was 1.97. And the median was 2.96.
NSE:PSPPROJECT's PB Ratio is ranked worse than 77.93% of 1722
companies
in the Construction industry
Industry Median: 1.31
vs NSE:PSPPROJECT: 3.10
During the past 12 months, PSP Projects's average Book Value Per Share Growth Rate was 4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 30.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PSP Projects was 85.90% per year. The lowest was 12.70% per year. And the median was 28.25% per year.
Back to Basics: PB Ratio
PSP Projects (NSE:PSPPROJECT) 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.
PSP Projects PB Ratio Related Terms
PSP Projects PB Ratio Historical Data
* Premium members only.
The historical data trend for PSP Projects'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:PSPPROJECT vs PWR, FIX, EME: PB Ratio Comparison
For the Engineering & Construction subindustry, PSP Projects'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.
PSP Projects PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, PSP Projects's PB Ratio distribution charts can be found below:
* The bar in red indicates where PSP Projects'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.
PSP Projects'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.
PSP Projects (NSE:PSPPROJECT) has a PB Ratio of 3.10 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 PSP Projects and its competitors. This is near median its historical median of 2.96. Over the past decade, PSP Projects' PB Ratio has ranged from 1.97 to 5.36. According to the industry distribution chart, PSP Projects ranks #1342 out of 1722 companies in the Construction industry, placing it in the top 77.9%.
Is PSP Projects' PB Ratio too high?
PSP Projects' current PB Ratio of 3.10 is near median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 5.36. The Construction industry median PB Ratio is 1.31. PSP Projects' value of 3.10 is 136.6% above this industry median. Based on the distribution chart, PSP Projects ranks #1342 out of 1722 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, PSP Projects has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PSP Projects' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, PSP Projects ranks #1342 out of 1722 companies for PB Ratio. This places PSP Projects in the lower half of its industry. The industry median PB Ratio is 1.31. PSP Projects' value of 3.10 is 136.6% above this benchmark. Historically, PSP Projects' own PB Ratio has ranged from 1.97 to 5.36 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 1.31, PSP Projects 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 1.31, 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. PSP Projects's current PB Ratio of 3.10 is 136.6% 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 PSP Projects 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. PSP Projects's current PB Ratio is 3.10, which is near median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Projects stock overvalued right now?
Based on GuruFocus' analysis, PSP Projects (NSE:PSPPROJECT) is currently considered Fairly Valued. The stock's GF Value™ is ₹913.41, compared to a current price of ₹988.30 — trading 8.2% above its estimated fair value. The current PB Ratio is 3.10, which is near median its 10-year median of 2.96 and 136.6% above the Construction industry median of 1.31. PSP Projects' overall GF Score™ is 81/100 with 6 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 PSP Projects (NSE:PSPPROJECT), the current PB Ratio is 3.10 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 PSP Projects (NSE:PSPPROJECT) Overvalued in 2026?
Based on GuruFocus' analysis, PSP Projects stock appears to be overvalued.
The current stock price of ₹988.30 is trading 8.2% above its estimated GF Value™ of ₹913.41.
GuruFocus considers PSP Projects to be Fairly Valued.
Key valuation signals for NSE:PSPPROJECT:
PB Ratio: 3.10 (near median its 10-year median of 2.96)
GF Value™: ₹913.41 vs. price of ₹988.30 (8.2% above fair value)
Industry Position: 136.6% above the Construction median (#1342 of 1722)
No single metric tells the full story. See the NSE:PSPPROJECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PSP Projects Ltd is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India. The company operates in a single segment, namely construction project activities. The company provides services across the construction value chain, ranging from planning and design to construction and post-construction activities. Geographically, it derives revenue from India.
81GF Score
Get the complete analysis for NSE:PSPPROJECT
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:PSPPROJECT has been successfully added to your 
