Praj Industries P/B Ratio
Praj Industries P/B ratio. Praj Industries (PRAJIND) P/B ratio is 4.3 (High), book value per share ₹353.78 vs Capital Goods average P/B of -1.38 — Very High - Significant premium, high growth expectations or speculative. Analyse PRAJIND FII DII holdings to track promoter, FII and institutional holdings.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
PRAJIND P/B Ratio — Valuation Insights & Book Value Analysis
Praj Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 4.3 (High). View PRAJIND price range for the annual high/low range and current price position.
- Stock appears overvalued with PB of 4.3, 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 188.6% above historical average
- Trading at premium to sector average PB of -1.38
Praj Industries P/B Ratio Historical Trend
PRAJIND 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 Praj Industries stock price NSE.
PRAJIND Historical P/B Ratio — Book Value Per Share & Year-End Price
Praj Industries 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 | 0.86 | ₹353.78 | ₹304.05 | ₹1,309 | Low |
| 2025 | 0.86 | ₹373.51 | ₹322.60 | ₹1,382 | Low |
| 2024 | 2.38 | ₹344.59 | ₹821.15 | ₹1,275 | Moderate |
| 2023 | 1.91 | ₹291.35 | ₹556.00 | ₹1,078 | Moderate |
| 2022 | 1.44 | ₹247.57 | ₹356.15 | ₹916 | Moderate |
PRAJIND vs Capital Goods Peers — P/B Ratio Comparison
Praj Industries P/B 4.3 vs Capital Goods average -1.38, median 0.47 — range -41.24–0.95.
| 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 |