Bharat Dynamics P/B Ratio
Bharat Dynamics P/B ratio. Bharat Dynamics (BDL) P/B ratio is 9.64 (High), book value per share ₹231.75 vs Aerospace & Defense average P/B of 10.86 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Bharat Dynamics screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
BDL P/B Ratio — Valuation Insights & Book Value Analysis
Bharat Dynamics price-to-book ratio interpretation, valuation status and historical context — current P/B 9.64 (High). View BDL 52-week high low for the annual high/low range and current price position.
- Stock appears overvalued with PB of 9.64, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 95.2% above historical average
- Trading at discount to sector average PB of 10.86
Bharat Dynamics P/B Ratio Historical Trend
BDL annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Analyse BDL institutional holdings to track promoter, FII and institutional holdings.
BDL Historical P/B Ratio — Book Value Per Share & Year-End Price
Bharat Dynamics annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 4.62 | ₹231.75 | ₹1070.00 | ₹4,241 | High |
| 2025 | 6.69 | ₹219.07 | ₹1466.50 | ₹4,009 | High |
| 2024 | 5.65 | ₹198.74 | ₹1122.85 | ₹3,637 | High |
| 2023 | 4.88 | ₹175.52 | ₹856.20 | ₹3,212 | High |
| 2022 | 2.85 | ₹165.63 | ₹472.05 | ₹3,031 | Moderate |
BDL vs Aerospace & Defense Peers — P/B Ratio Comparison
Bharat Dynamics P/B 9.64 vs Aerospace & Defense average 10.86, median 9.25 — range 0.66–37.18.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rossell | ROSSELLIND | 0.66 | ₹322 | Low |
| Ideaforge Technology | IDEAFORGE | 0.81 | ₹3,504 | Low |
| DCX Systems | DCXINDIA | 1.12 | ₹1,647 | Moderate |
| Jaykay Enterprises | JAYKAY | 3.83 | ₹2,637 | High |
| TechEra Engineering | TECHERA | 4.57 | ₹246 | High |
| Mishra Dhatu Nigam | MIDHANI | 5.13 | ₹7,590 | High |
| Taneja Aerospace & Aviat… | TANAA | 5.43 | ₹850 | High |
| NIBE | NIBE | 5.65 | ₹1,993 | High |
| Zen Technologies | ZENTEC | 7.91 | ₹14,694 | High |
| Hindustan Aeronautics | HAL | 8.12 | ₹331,646 | High |