Ice Make Refrigeration P/B Ratio
Ice Make Refrigeration P/B ratio. Ice Make Refrigeration (ICEMAKE) P/B ratio is 3.56 (High), book value per share ₹83.12 vs Capital Goods average P/B of -1.38 — High - Premium to book value, growth expectations or asset-light model. View ICEMAKE 52-week performance for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ICEMAKE P/B Ratio — Valuation Insights & Book Value Analysis
Ice Make Refrigeration price-to-book ratio interpretation, valuation status and historical context — current P/B 3.56 (High). For live price, earnings yield and the full fundamental profile, see ICEMAKE screener.
- Stock appears overvalued with PB of 3.56, 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 63.1% below historical average
- Trading at premium to sector average PB of -1.38
Ice Make Refrigeration P/B Ratio Historical Trend
ICEMAKE 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 ICEMAKE institutional holdings to track promoter, FII and institutional holdings.
ICEMAKE Historical P/B Ratio — Book Value Per Share & Year-End Price
Ice Make Refrigeration 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 | 7.56 | ₹83.12 | ₹628.55 | ₹133 | High |
| 2025 | 10.45 | ₹77.5 | ₹809.65 | ₹124 | High |
| 2024 | 11.5 | ₹65.0 | ₹747.65 | ₹104 | High |
| 2023 | 12.18 | ₹50.62 | ₹616.80 | ₹81 | High |
| 2022 | 6.52 | ₹38.75 | ₹252.75 | ₹62 | High |
ICEMAKE vs Capital Goods Peers — P/B Ratio Comparison
Ice Make Refrigeration P/B 3.56 vs Capital Goods average -1.38, median 0.47 — range -41.24–0.93.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| John Cockerill | COCKERILL | -41.24 | ₹3,945 | Low |
| Tarapur Transformers | TARAPUR | -12.46 | ₹23 | Low |
| Artson | ARTSON | -7.85 | ₹577 | Low |
| Switching Technologies G… | SWITCHTE | -6.62 | ₹40 | Low |
| Jyoti | JYOTI | -5.53 | ₹132 | Low |
| Incon Engineers | INCON | -4.2 | ₹9 | Low |
| Miven Machine Tools | MIVENMACH | -3.68 | ₹23 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.75 | ₹16 | Low |
| HMT | HMT | -1.06 | ₹2,741 | Low |