Firstsource Solutions P/B Ratio
Firstsource Solutions P/B ratio. Firstsource Solutions (FSL) P/B ratio is 4.53 (High), book value per share ₹62.91 vs Commercial Services average P/B of -6.34 — Very High - Significant premium, high growth expectations or speculative. Analyse FSL institutional holdings to track promoter, FII and institutional holdings.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
FSL P/B Ratio — Valuation Insights & Book Value Analysis
Firstsource Solutions price-to-book ratio interpretation, valuation status and historical context — current P/B 4.53 (High). For live price, earnings yield and the full fundamental profile, see Firstsource Solutions stock price NSE.
- Stock appears overvalued with PB of 4.53, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Trading at premium to sector average PB of -6.34
Firstsource Solutions P/B Ratio Historical Trend
FSL 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. View FSL 52-week chart for the annual high/low range and current price position.
FSL Historical P/B Ratio — Book Value Per Share & Year-End Price
Firstsource Solutions 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 | ₹62.91 | ₹290.40 | ₹4,385 | High |
| 2025 | 5.71 | ₹58.79 | ₹335.80 | ₹4,098 | High |
| 2024 | 7.08 | ₹53.1 | ₹376.00 | ₹3,701 | High |
| 2023 | 3.83 | ₹48.31 | ₹184.85 | ₹3,367 | High |
| 2022 | 2.35 | ₹43.52 | ₹102.30 | ₹3,033 | Moderate |
FSL vs Commercial Services Peers — P/B Ratio Comparison
Firstsource Solutions P/B 4.53 vs Commercial Services average -6.34, median -0.04 — range -61.24–0.12.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| CHPL Industries | CHPLIND | -61.24 | ₹52 | Low |
| Amalgamated Electricity | AMALGAM | -55.02 | ₹41 | Low |
| Ardi Investments & Tradi… | ZARDIINV | -40.74 | ₹0 | Low |
| Befound Movement | BEFOUNDMOL | -30.48 | ₹4 | Low |
| Lords Mark | LORDSMARK | -27.19 | ₹67 | Low |
| Hemo Organic | HEMORGANIC | -23.72 | ₹7 | Low |
| Monotype | MONOT | -16.3 | ₹30 | Low |
| Ambitious Plastomac | AMBIT | -10.04 | ₹6 | Low |
| Modella Woollens | MODWOOL | -9.69 | ₹5 | Low |
| Garodia Chemicals | GARODCH | -7.64 | ₹6 | Low |