Exel IndustriesXPAR:EXE -5.16%67 PB Ratio is 0.31 as of Jul. 09, 2026, which is 64% below its 10-year median of 0.87. GuruFocus rates XPAR:EXE with a GF Score™ of 67/100 and a GF Value™ of €38.27 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 200 Farm & Heavy Construction Machinery companies, Exel Industries ranks better than 97% 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 (2026-07-09), Exel Industries's share price is €20.20. Exel Industries's Book Value per Share for the quarter that ended in Mar. 2026 was €65.75. Hence, Exel Industries's PB Ratio of today is 0.31.
The historical rank and industry rank for Exel Industries's PB Ratio or its related term are showing as below:
XPAR:EXE'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.87 Max: 2.6
Current: 0.33
During the past 13 years, Exel Industries's highest PB Ratio was 2.60. The lowest was 0.29. And the median was 0.87.
XPAR:EXE's PB Ratio is ranked better than 97% of 200
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.51
vs XPAR:EXE: 0.33
During the past 12 months, Exel Industries's average Book Value Per Share Growth Rate was -2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Exel Industries was 13.50% per year. The lowest was -12.70% per year. And the median was 8.70% 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.
Exel Industries PB Ratio Related Terms
Exel Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Exel 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 Farm & Heavy Construction Machinery subindustry, Exel 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.
Exel Industries PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Exel 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.
Exel Industries'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.
Exel Industries (XPAR:EXE) has a PB Ratio of 0.31 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Exel Industries and its competitors. This is 64% below median its historical median of 0.87. Over the past decade, Exel Industries' PB Ratio has ranged from 0.29 to 2.60. According to the industry distribution chart, Exel Industries ranks #6 out of 200 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 3%.
Is Exel Industries' PB Ratio too high?
Exel Industries' current PB Ratio of 0.31 is 64% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.60. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.51. Exel Industries' value of 0.31 is 79.5% below this industry median. Based on the distribution chart, Exel Industries ranks #6 out of 200 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Exel Industries has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Exel Industries' PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Exel Industries ranks #6 out of 200 companies for PB Ratio. This places Exel Industries in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.51. Exel Industries' value of 0.31 is 79.5% below this benchmark. Historically, Exel Industries' own PB Ratio has ranged from 0.29 to 2.60 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.51, Exel Industries has consistently been below 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 Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 200 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. Exel Industries's current PB Ratio of 0.31 is 79.5% below 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 Exel Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exel Industries's current PB Ratio is 0.31, which is 64% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Industries stock overvalued right now?
Based on GuruFocus' analysis, Exel Industries (XPAR:EXE) is currently considered Significantly Undervalued. The stock's GF Value™ is €38.27, compared to a current price of €20.20 — trading 47.2% below its estimated fair value. The current PB Ratio is 0.31, which is 64% below median its 10-year median of 0.87 and 79.5% below the Farm & Heavy Construction Machinery industry median of 1.51. Exel Industries' overall GF Score™ is 67/100 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 Exel Industries (XPAR:EXE), the current PB Ratio is 0.31 as of Jul. 09, 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 Exel Industries (XPAR:EXE) Overvalued in 2026?
Based on GuruFocus' analysis, Exel Industries stock appears to be undervalued.
The current stock price of €20.20 is trading 47.2% below its estimated GF Value™ of €38.27.
GuruFocus considers Exel Industries to be Significantly Undervalued.
Key valuation signals for XPAR:EXE:
PB Ratio: 0.31 (64% below median its 10-year median of 0.87)
GF Value™: €38.27 vs. price of €20.20 (47.2% below fair value)
Industry Position: 79.5% below the Farm & Heavy Construction Machinery median (#6 of 200)
No single metric tells the full story. See the XPAR:EXE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exel Industries SA is a French company which is active in the business of manufacture of spraying equipment for plant protection for professional, semi-professional and consumer agricultural applications. The company is also engaged in the business of sugar beet harvesting, providing gardening, spraying and watering equipment and industrial precision spraying solutions which cover protection, finishes, lubrication and pollution clean-up. It markets its products under the brand name of Hozelock, Berthoud, Tecnoma, Laser and Cooper Pegler brands, Kremlin rexsons and Sames. The company earns the majority of its revenue from the agricultural equipment business and geographically from Europe region.
67GF Score
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