Balu Forge Industries P/B Ratio
BALUFORGE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.9
High Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
3.9
Current Price
₹453.40
Book Value/Share
₹94.86
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹1,053 Cr
Share Capital
₹111 Cr
Reserves & Surplus
₹853 Cr
Outstanding Shares
111,000,000
Book Value per Share
₹94.86
Valuation Signal
Signal
Overvalued
Historical Avg
9.19
Historical Range
3.31 - 14.75
Percentile
20.0%
Sector Context
Sector Average
-1.96
Sector Median
-0.4
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for Balu Forge Industries
- Stock appears overvalued with PB of 3.9, 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 57.6% below historical average
- Trading at premium to sector average PB of -1.96
View the current stock price of Balu Forge Industries for more insights.
P/B Ratio Historical Trend for Balu Forge Industries
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.
Related Pages for Balu Forge Industries
Additional stock information and data for BALUFORGE
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 6.38 | ₹94.86 | ₹604.90 | ₹1,053 | High |
| 2024 | 14.75 | ₹53.69 | ₹791.75 | ₹553 | High |
| 2023 | 10.35 | ₹23.86 | ₹246.80 | ₹198 | High |
| 2022 | 3.31 | ₹19.39 | ₹64.10 | ₹159 | High |
| 2021 | 11.15 | ₹11.3 | ₹126.05 | ₹78 | High |
Sector P/B Ratio Comparison
Comparing Balu Forge Industries with other companies in Industrial Products sector
Sector Average
-1.96
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.41
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -16.74 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.51 | ₹135 | Low |
| Cochin Malabar Estates | COCHMAL | -13.4 | ₹24 | Low |
| Electrotherm | ELECTHERM | -6.88 | ₹1,160 | Low |
| Heera Ispat | HEERAISP | -5.91 | ₹5 | Low |
| TPINDIA | TPINDIA | -4.91 | ₹69 | Low |
| Mahip Industries | MAHIP | -4.87 | ₹40 | Low |
| Nova Iron & Steel | NOVIS | -4.16 | ₹49 | Low |
| MSR India | MSRINDIA | -4.13 | ₹45 | Low |
| Promact Impex | PROMACT | -3.16 | ₹7 | Low |