Maybe you're looking for something like this:
def tableize(df):
    if not isinstance(df, pd.DataFrame):
        return
    df_columns = df.columns.tolist() 
    max_len_in_lst = lambda lst: len(sorted(lst, reverse=True, key=len)[0])
    align_center = lambda st, sz: "{0}{1}{0}".format(" "*(1+(sz-len(st))//2), st)[:sz] if len(st) < sz else st
    align_right = lambda st, sz: "{0}{1} ".format(" "*(sz-len(st)-1), st) if len(st) < sz else st
    max_col_len = max_len_in_lst(df_columns)
    max_val_len_for_col = dict([(col, max_len_in_lst(df.iloc[:,idx].astype('str'))) for idx, col in enumerate(df_columns)])
    col_sizes = dict([(col, 2 + max(max_val_len_for_col.get(col, 0), max_col_len)) for col in df_columns])
    build_hline = lambda row: '+'.join(['-' * col_sizes[col] for col in row]).join(['+', '+'])
    build_data = lambda row, align: "|".join([align(str(val), col_sizes[df_columns[idx]]) for idx, val in enumerate(row)]).join(['|', '|'])
    hline = build_hline(df_columns)
    out = [hline, build_data(df_columns, align_center), hline]
    for _, row in df.iterrows():
        out.append(build_data(row.tolist(), align_right))
    out.append(hline)
    return "\n".join(out)
df = pd.DataFrame([[1, 2, 3], [11111, 22, 333]], columns=['a', 'b', 'c'])
print tableize(df)
Output:
+-------+----+-----+
|    a  |  b |   c |
+-------+----+-----+
|     1 |  2 |   3 |
| 11111 | 22 | 333 |
+-------+----+-----+