3M India P/B Ratio

3MINDIA • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
19.11
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 19.11
Current Price ₹35675.00
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 1.51
Sector Median 1.59
Sector Rank #11 of 17
Sector Percentile 64.7%

Key P/B Ratio Insights for 3M India

  • Stock appears overvalued with PB of 19.11, 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 21.3% above historical average
  • Trading at premium to sector average PB of 1.51

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
1.51
Sector Median
1.59
Lowest P/B
0.27
Highest P/B
3.32
Companies
17
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Dhunseri Ventures DVL 0.27 ₹862 Low
Alexander Stamps & Coin ALEXANDER 0.52 ₹9 Low
Maheshwari Logistics MAHESHWARI 0.6 ₹122 Low
Panth Infinity PANTH 0.68 ₹41 Low
Galactico Corp services GALACTICO 0.75 ₹32 Low
Billwin Industries BILLWIN 0.8 ₹11 Low
Swasti Vinayaka Art & He… SVARTCORP 1.1 ₹31 Moderate
TTK Healthcare TTKHLTCARE 1.2 ₹1,283 Moderate
Balmer Lawrie & Co BALMLAWRIE 1.59 ₹3,102 Moderate
Swan Corp SWANCORP 1.59 ₹11,987 Moderate