Spectrum Electrical Industries P/B Ratio
Spectrum Electrical Industries P/B ratio. Spectrum Electrical Industries (SPECTRUM) P/B ratio is 24.9 (High), book value per share ₹153.12 vs Capital Goods average P/B of -1.38 — Very High - Significant premium, high growth expectations or speculative. Analyse SPECTRUM promoter holding to track promoter, FII and institutional holdings.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
SPECTRUM P/B Ratio — Valuation Insights & Book Value Analysis
Spectrum Electrical Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 24.9 (High). View SPECTRUM 52-week high low for the annual high/low range and current price position.
- Stock appears overvalued with PB of 24.9, 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 73.0% above historical average
- Trading at premium to sector average PB of -1.38
Spectrum Electrical Industries P/B Ratio Historical Trend
SPECTRUM 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 SPECTRUM share price.
SPECTRUM Historical P/B Ratio — Book Value Per Share & Year-End Price
Spectrum Electrical 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 | 15.94 | ₹153.12 | ₹2440.70 | ₹245 | High |
| 2025 | 10.42 | ₹119.38 | ₹1243.90 | ₹191 | High |
| 2024 | 22.21 | ₹103.12 | ₹2290.10 | ₹165 | High |
| 2023 | 21.87 | ₹61.33 | ₹1341.35 | ₹92 | High |
| 2022 | 1.52 | ₹55.33 | ₹83.90 | ₹83 | Moderate |
SPECTRUM vs Capital Goods Peers — P/B Ratio Comparison
Spectrum Electrical Industries P/B 24.9 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 |