Bajaj Steel Industries P/B Ratio
Bajaj Steel Industries (BAJAJST) P/B ratio is 2.06 (Moderate), book value per share ₹387.00 vs Capital Goods average P/B of -0.04 — High - Premium to book value, growth expectations or asset-light model. Compare with BAJAJST fair price to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
BAJAJST P/B Ratio — Valuation Insights & Book Value Analysis
Bajaj Steel Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 2.06 (Moderate). View BAJAJST price range for the annual high/low range and current price position.
- Current PB is 236.6% above historical average
- Trading at premium to sector average PB of -0.04
Bajaj Steel Industries P/B Ratio Historical Trend
BAJAJST 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 Bajaj Steel Industries share price today.
BAJAJST Historical P/B Ratio — Book Value Per Share & Year-End Price
Bajaj Steel 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 |
|---|---|---|---|---|---|
| 2025 | 1.3 | ₹387.0 | ₹501.80 | ₹387 | Moderate |
| 2024 | 0.76 | ₹1106.67 | ₹846.50 | ₹332 | Low |
| 2023 | 0.32 | ₹913.33 | ₹291.75 | ₹274 | Low |
| 2022 | 0.31 | ₹690.0 | ₹216.00 | ₹207 | Low |
| 2021 | 0.37 | ₹570.0 | ₹211.70 | ₹171 | Low |
BAJAJST vs Capital Goods Peers — P/B Ratio Comparison
Bajaj Steel Industries P/B 2.06 vs Capital Goods average -0.04, median 0.64 — range -5.17–1.18.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Lexoraa Industries | LEXORAA | -5.17 | ₹6 | Low |
| Jyoti | JYOTI | -5.14 | ₹153 | Low |
| Miven Machine Tools | MIVENMACH | -4.72 | ₹29 | Low |
| Incon Engineers | INCON | -3.44 | ₹7 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.96 | ₹19 | Low |
| Benara Bearings | BENARA | -1.91 | ₹19 | Low |
| Switching Technologies G… | SWITCHTE | -1.18 | ₹21 | Low |
| HMT | HMT | -1.04 | ₹2,684 | Low |
| TMT India | TMTIND-B1 | -0.51 | ₹3 | Low |