3M India P/B Ratio

3MINDIA • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
18.39
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 18.39
Current Price ₹34135.00
Book Value/Share ₹1951.82
Exchange NSE

Book Value Breakdown (2024)

Balance Sheet Components
Total Equity ₹2,147 Cr
Share Capital ₹11 Cr
Reserves & Surplus ₹2,136 Cr
Outstanding Shares 11,000,000
Book Value per Share ₹1951.82

Valuation Signal

Signal Overvalued
Historical Avg 15.76
Historical Range 11.05 - 24.46
Percentile 80.0%

Sector Context

Sector Average 1.53
Sector Median 1.62
Sector Rank #11 of 17
Sector Percentile 64.7%

Key P/B Ratio Insights for 3M India

  • Stock appears overvalued with PB of 18.39, 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 1.53

View the current stock price of 3M India for more insights.

P/B Ratio Historical Trend for 3M India

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2024 15.57 ₹1951.82 ₹30393.15 ₹2,147 High
2023 24.46 ₹1525.45 ₹37309.15 ₹1,678 High
2022 11.05 ₹1985.45 ₹21943.10 ₹2,184 High
2021 14.61 ₹1736.36 ₹25360.80 ₹1,910 High
2020 13.09 ₹1591.82 ₹20830.55 ₹1,751 High

Sector P/B Ratio Comparison

Comparing 3M India with other companies in Diversified sector
Sector Average
1.53
Sector Median
1.62
Lowest P/B
0.3
Highest P/B
3.3
Companies
17
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Dhunseri Ventures DVL 0.3 ₹991 Low
Alexander Stamps & Coin ALEXANDER 0.54 ₹9 Low
Panth Infinity PANTH 0.57 ₹21 Low
Maheshwari Logistics MAHESHWARI 0.67 ₹138 Low
Galactico Corp services GALACTICO 0.84 ₹30 Low
Billwin Industries BILLWIN 0.91 ₹11 Low
Swasti Vinayaka Art & He… SVARTCORP 1.12 ₹32 Moderate
TTK Healthcare TTKHLTCARE 1.32 ₹1,428 Moderate
Balmer Lawrie & Co BALMLAWRIE 1.62 ₹3,128 Moderate
Empire Industries EMPIND 1.74 ₹565 Moderate