Reliance Industries P/B Ratio
Reliance Industries P/B ratio. Reliance Industries (RELIANCE) P/B ratio is 1.8 (Moderate), book value per share ₹802.44 vs Petroleum Products average P/B of 2.39 — Moderate - Reasonably valued relative to book value. View RELIANCE price range for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
RELIANCE P/B Ratio — Valuation Insights & Book Value Analysis
Reliance Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 1.8 (Moderate). Analyse RELIANCE institutional holdings to track promoter, FII and institutional holdings.
- Current PB is 39.5% above historical average
- Trading at discount to sector average PB of 2.39
Reliance Industries P/B Ratio Historical Trend
RELIANCE 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 Reliance Industries share price chart.
RELIANCE Historical P/B Ratio — Book Value Per Share & Year-End Price
Reliance 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 | 1.48 | ₹802.44 | ₹1184.50 | ₹1,085,866 | Moderate |
| 2025 | 2.1 | ₹746.1 | ₹1570.40 | ₹1,009,626 | Moderate |
| 2024 | 0.89 | ₹1368.29 | ₹1215.45 | ₹925,788 | Low |
| 2023 | 1.06 | ₹1225.07 | ₹1292.50 | ₹828,881 | Moderate |
| 2022 | 0.92 | ₹1314.09 | ₹1214.00 | ₹888,984 | Low |
RELIANCE vs Petroleum Products Peers — P/B Ratio Comparison
Reliance Industries P/B 1.8 vs Petroleum Products average 2.39, median 1.92 — range 0.11–10.19.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Omnipotent Industries | OMNIPOTENT | 0.11 | ₹2 | Low |
| Greenhitech Ventures | GVL | 0.5 | ₹57 | Low |
| Sundrex Oil Company | SOCL | 0.81 | ₹37 | Low |
| Continental Petroleums | CONTPTR | 0.83 | ₹71 | Low |
| Indian Oil Corporation | IOC | 0.84 | ₹183,604 | Low |
| GP Petroleums | GULFPETRO | 1.02 | ₹352 | Moderate |
| Hindustan Petroleum | HINDPETRO | 1.13 | ₹73,899 | Moderate |
| Bharat Petroleum | BPCL | 1.27 | ₹124,949 | Moderate |
| ResGen | RESGEN | 1.43 | ₹96 | Moderate |
| Arabian Petroleum | ARABIAN | 1.65 | ₹112 | Moderate |