Ashok Leyland P/B Ratio

ASHOKLEY • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
9.89
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 9.89
Current Price ₹203.04
Book Value/Share ₹538.95
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹15,845 Cr
Share Capital ₹294 Cr
Reserves & Surplus ₹11,938 Cr
Outstanding Shares 294,000,000
Book Value per Share ₹538.95

Valuation Signal

Signal Overvalued
Historical Avg 0.25
Historical Range 0.19 - 0.33
Percentile 100.0%

Sector Context

Sector Average 0.8
Sector Median 0.91
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Ashok Leyland

  • Stock appears overvalued with PB of 9.89, 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 3793.7% above historical average
  • Trading at premium to sector average PB of 0.8

View the current stock price of Ashok Leyland for more insights.

P/B Ratio Historical Trend for Ashok Leyland

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 0.33 ₹538.95 ₹179.19 ₹15,845 Low
2024 0.27 ₹401.87 ₹110.25 ₹11,815 Low
2023 0.24 ₹367.21 ₹88.30 ₹10,796 Low
2022 0.24 ₹292.18 ₹69.20 ₹8,590 Low
2021 0.19 ₹310.54 ₹58.75 ₹9,130 Low

Sector P/B Ratio Comparison

Comparing Ashok Leyland with other companies in Automobiles sector
Sector Average
0.8
Sector Median
0.91
Lowest P/B
-3.14
Highest P/B
1.65
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Innovative Tyre & Tube Lt ITTL -3.14 ₹76 Low
Setco Automotive SETCO -0.28 ₹226 Low
India Radiators INRADIA -0.2 ₹1 Low
Spectra Industries SPECTRA -0.07 ₹4 Low
Kairosoft AI Solutions VOLKAI 0.13 ₹5 Low
Nirbhay Colours NIRBHAYIND 0.15 ₹0 Low
Lakshmi Precision Screws LAKPRE 0.23 ₹5 Low
Precision Metaliks PRECISION 0.33 ₹29 Low
Rasandik Engineering Ind… RASANDIK 0.4 ₹35 Low
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