Elgi Equipments P/B Ratio
Elgi Equipments P/B ratio. Elgi Equipments (ELGIEQUIP) P/B ratio is 8.11 (High), book value per share ₹697.50 vs Industrial Products average P/B of -1.88 — Very High - Significant premium, high growth expectations or speculative. View ELGIEQUIP 52-week performance for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ELGIEQUIP P/B Ratio — Valuation Insights & Book Value Analysis
Elgi Equipments price-to-book ratio interpretation, valuation status and historical context — current P/B 8.11 (High). Analyse Elgi Equipments shareholding analysis to track promoter, FII and institutional holdings.
- Stock appears overvalued with PB of 8.11, 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 665.1% above historical average
- Trading at premium to sector average PB of -1.88
Elgi Equipments P/B Ratio Historical Trend
ELGIEQUIP 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. For live price, earnings yield and the full fundamental profile, see ELGIEQUIP screener.
ELGIEQUIP Historical P/B Ratio — Book Value Per Share & Year-End Price
Elgi Equipments 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 | 0.77 | ₹697.5 | ₹534.00 | ₹2,232 | Low |
| 2025 | 0.81 | ₹583.12 | ₹473.75 | ₹1,866 | Low |
| 2024 | 1.15 | ₹503.44 | ₹579.80 | ₹1,611 | Moderate |
| 2023 | 1.27 | ₹428.44 | ₹544.55 | ₹1,371 | Moderate |
| 2022 | 1.3 | ₹322.81 | ₹419.50 | ₹1,033 | Moderate |
ELGIEQUIP vs Industrial Products Peers — P/B Ratio Comparison
Elgi Equipments P/B 8.11 vs Industrial Products average -1.88, median -0.37 — range -18.52–0.32.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Polycon International | POLYCON | -18.52 | ₹15 | Low |
| Cochin Malabar Estates | COCHMAL | -11.34 | ₹24 | Low |
| Mahalaxmi Seamless | MAHALXSE | -10.04 | ₹6 | Low |
| Aditya Ispat | ADITYA | -6.19 | ₹5 | Low |
| Electrotherm | ELECTHERM | -5.82 | ₹888 | Low |
| TPINDIA | TPINDIA | -5.4 | ₹62 | Low |
| Heera Ispat | HEERAISP | -4.16 | ₹4 | Low |
| Promact Plastics | PROMACT | -4.13 | ₹11 | Low |
| Mahip Industries | MAHIP | -3.75 | ₹31 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |