Apar Industries P/B Ratio
Apar Industries (APARINDS) P/B ratio is 10.29 (High), book value per share ₹1348.25 vs Capital Goods average P/B of -0.61 — Very High - Significant premium, high growth expectations or speculative. Review APARINDS price earnings ratio to evaluate earnings-based valuation against sector peers.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
APARINDS P/B Ratio — Valuation Insights & Book Value Analysis
Apar Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 10.29 (High). View APARINDS annual price range for the annual high/low range and current price position.
- Stock appears overvalued with PB of 10.29, 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 20.7% above historical average
- Trading at premium to sector average PB of -0.61
Apar Industries P/B Ratio Historical Trend
APARINDS 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 APARINDS stock price BSE.
APARINDS Historical P/B Ratio — Book Value Per Share & Year-End Price
Apar 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 | 10.3 | ₹1348.25 | ₹13889.00 | ₹5,393 | High |
| 2025 | 7.43 | ₹1126.0 | ₹8367.50 | ₹4,504 | High |
| 2024 | 10.65 | ₹969.0 | ₹10317.60 | ₹3,876 | High |
| 2023 | 10.29 | ₹588.42 | ₹6053.40 | ₹2,236 | High |
| 2022 | 3.97 | ₹451.32 | ₹1793.10 | ₹1,715 | High |
APARINDS vs Capital Goods Peers — P/B Ratio Comparison
Apar Industries P/B 10.29 vs Capital Goods average -0.61, median 0.54 — range -17.91–1.1.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Tarapur Transformers | TARAPUR | -17.91 | ₹35 | Low |
| Lexoraa Industries | LEXORAA | -8.21 | ₹7 | Low |
| Incon Engineers | INCON | -6.7 | ₹14 | Low |
| Jyoti | JYOTI | -5.22 | ₹129 | Low |
| Switching Technologies G… | SWITCHTE | -5.01 | ₹30 | Low |
| Miven Machine Tools | MIVENMACH | -4.0 | ₹24 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.93 | ₹19 | Low |
| HMT | HMT | -1.11 | ₹2,828 | Low |
| Benara Bearings | BENARA | -0.72 | ₹19 | Low |