Bajel Projects P/B Ratio

BAJEL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.39
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 2.39
Current Price ₹149.28
Book Value/Share ₹289.57
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹666 Cr
Share Capital ₹23 Cr
Reserves & Surplus ₹643 Cr
Outstanding Shares 23,000,000
Book Value per Share ₹289.57

Valuation Signal

Signal Fairly Valued
Historical Avg 0.85
Historical Range 0.6 - 1.11
Percentile 100.0%

Sector Context

Sector Average 0.84
Sector Median 1.78
Sector Rank #11 of 43
Sector Percentile 25.6%

Key P/B Ratio Insights for Bajel Projects

  • Current PB is 179.5% above historical average
  • Trading at premium to sector average PB of 0.84

View the current stock price of Bajel Projects for more insights.

P/B Ratio Historical Trend for Bajel Projects

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 0.6 ₹289.57 ₹173.26 ₹666 Low
2024 1.11 ₹246.09 ₹272.85 ₹566 Moderate

Sector P/B Ratio Comparison

Comparing Bajel Projects with other companies in Power sector
Sector Average
0.84
Sector Median
1.78
Lowest P/B
-79.23
Highest P/B
15.52
Companies
43
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Waaree Technologies WAAREE -79.23 ₹155 Low
SRM Energy SRMENERGY -0.34 ₹16 Low
Reliance Infrastructure RELINFRA 0.23 ₹3,649 Low
Veer Energy & Infrastruc… VEERENRGY 0.31 ₹20 Low
Waa Solar WAA 0.33 ₹66 Low
Emkay Tap & Cut. Tool EMKAYTOOLS 0.36 ₹101 Low
Advance Metering Tech AMTL 0.39 ₹38 Low
Indowind Energy INDOWIND 0.43 ₹142 Low
Gujarat Industries Power… GIPCL 0.57 ₹2,067 Low
Reliance Power RPOWER 0.6 ₹9,198 Low