Bajaj Auto P/B Ratio

BAJAJ-AUTO • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
7.64
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 7.64
Current Price ₹9497.50
Book Value/Share ₹1261.25
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹35,189 Cr
Share Capital ₹279 Cr
Reserves & Surplus ₹34,910 Cr
Outstanding Shares 279,000,000
Book Value per Share ₹1261.25

Valuation Signal

Signal Overvalued
Historical Avg 5.77
Historical Range 3.36 - 8.27
Percentile 80.0%

Sector Context

Sector Average 0.84
Sector Median 0.97
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Bajaj Auto

  • Stock appears overvalued with PB of 7.64, 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 32.5% above historical average
  • Trading at premium to sector average PB of 0.84

View the current stock price of Bajaj Auto for more insights.

P/B Ratio Historical Trend for Bajaj Auto

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 7.41 ₹1261.25 ₹9343.00 ₹35,189 High
2024 8.27 ₹1038.06 ₹8581.00 ₹28,962 High
2023 6.39 ₹1037.53 ₹6629.00 ₹29,362 High
2022 3.41 ₹1033.22 ₹3526.50 ₹29,860 High
2021 3.36 ₹943.7 ₹3169.00 ₹27,273 High

Sector P/B Ratio Comparison

Comparing Bajaj Auto with other companies in Automobiles sector
Sector Average
0.84
Sector Median
0.97
Lowest P/B
-3.96
Highest P/B
1.83
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Innovative Tyre & Tube Lt ITTL -3.96 ₹95 Low
Setco Automotive SETCO -0.27 ₹210 Low
India Radiators INRADIA -0.2 ₹1 Low
Spectra Industries SPECTRA -0.05 ₹3 Low
Kairosoft AI Solutions VOLKAI 0.13 ₹5 Low
Nirbhay Colours NIRBHAYIND 0.15 ₹0 Low
Lakshmi Precision Screws LAKPRE 0.26 ₹5 Low
Precision Metaliks PRECISION 0.33 ₹29 Low
Rasandik Engineering Ind… RASANDIK 0.4 ₹35 Low
India Motor Parts & Acce… IMPAL 0.52 ₹1,295 Low