Bank of Maharashtra P/B Ratio

MAHABANK • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.68
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.68
Current Price ₹63.33
Book Value/Share ₹37.32
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹28,708 Cr
Share Capital ₹7,692 Cr
Reserves & Surplus ₹21,016 Cr
Outstanding Shares 7,692,000,000
Book Value per Share ₹37.32

Valuation Signal

Signal Fairly Valued
Historical Avg 1.58
Historical Range 1.02 - 1.92
Percentile 60.0%

Sector Context

Sector Average 1.53
Sector Median 1.3
Sector Rank #11 of 40
Sector Percentile 27.5%

P/B Ratio Historical Trend for Bank of Maharashtra

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 1.66 ₹37.32 ₹62.05 ₹28,708 Moderate
2024 1.86 ₹28.06 ₹52.19 ₹19,871 Moderate
2023 1.92 ₹23.46 ₹45.15 ₹15,790 Moderate
2022 1.46 ₹20.89 ₹30.60 ₹14,062 Moderate
2021 1.02 ₹18.76 ₹19.20 ₹12,308 Moderate

Sector P/B Ratio Comparison

Comparing Bank of Maharashtra with other companies in Banks sector
Sector Average
1.53
Sector Median
1.3
Lowest P/B
0.63
Highest P/B
4.18
Companies
40
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Karnataka Bank KTKBANK 0.63 ₹7,619 Low
Suryoday Small Finance B… SURYODAY 0.77 ₹1,528 Low
ESAF Small Finance Bank ESAFSFB 0.78 ₹1,362 Low
Dhanlaxmi Bank DHANBANK 0.83 ₹1,040 Low
Utkarsh Small Finance Ba… UTKARSHBNK 0.83 ₹2,710 Low
Jammu & Kashmir Bank J&KBANK 0.84 ₹11,472 Low
Tamilnad Mercantile Bank TMB 0.86 ₹8,209 Low
Bank of India BANKINDIA 0.87 ₹66,920 Low
Capital Small Finance Ba… CAPITALSFB 0.87 ₹1,224 Low
South Indian Bank SOUTHBANK 0.92 ₹9,855 Low