APL Apollo Tubes P/B Ratio

APLAPOLLO • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
11.74
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 11.74
Current Price ₹1913.90
Book Value/Share ₹751.61
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹4,209 Cr
Share Capital ₹56 Cr
Reserves & Surplus ₹4,153 Cr
Outstanding Shares 56,000,000
Book Value per Share ₹751.61

Valuation Signal

Signal Overvalued
Historical Avg 2.29
Historical Range 1.36 - 2.86
Percentile 100.0%

Sector Context

Sector Average -1.92
Sector Median -0.4
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for APL Apollo Tubes

  • Stock appears overvalued with PB of 11.74, 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 413.6% above historical average
  • Trading at premium to sector average PB of -1.92

View the current stock price of APL Apollo Tubes for more insights.

P/B Ratio Historical Trend for APL Apollo Tubes

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
2025 2.55 ₹751.61 ₹1914.00 ₹4,209 Moderate
2024 2.44 ₹643.75 ₹1568.25 ₹3,605 Moderate
2023 2.86 ₹536.79 ₹1536.80 ₹3,006 Moderate
2022 2.22 ₹492.8 ₹1092.00 ₹2,464 Moderate
2021 1.36 ₹733.2 ₹999.80 ₹1,833 Moderate

Sector P/B Ratio Comparison

Comparing APL Apollo Tubes with other companies in Industrial Products sector
Sector Average
-1.92
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.45
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Mahalaxmi Seamless MAHALXSE -16.74 ₹4 Low
Cochin Malabar Estates COCHMAL -13.94 ₹26 Low
Shah Alloys SHAHALLOYS -13.51 ₹135 Low
Electrotherm ELECTHERM -6.88 ₹1,160 Low
Heera Ispat HEERAISP -5.91 ₹5 Low
TPINDIA TPINDIA -4.91 ₹69 Low
Mahip Industries MAHIP -4.28 ₹7 Low
Nova Iron & Steel NOVIS -4.16 ₹49 Low
Promact Impex PROMACT -3.16 ₹7 Low
Ashiana Ispat ASHIS -2.81 ₹23 Low