Bharat Dynamics P/B Ratio

BDL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
13.4
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 13.4
Current Price ₹1533.60
Book Value/Share ₹219.07
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹4,009 Cr
Share Capital ₹183 Cr
Reserves & Surplus ₹3,826 Cr
Outstanding Shares 183,000,000
Book Value per Share ₹219.07

Valuation Signal

Signal Overvalued
Historical Avg 4.28
Historical Range 1.33 - 6.69
Percentile 100.0%

Sector Context

Sector Average 8.92
Sector Median 8.13
Sector Rank #11 of 24
Sector Percentile 45.8%

Key P/B Ratio Insights for Bharat Dynamics

  • Stock appears overvalued with PB of 13.4, 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 213.1% above historical average
  • Trading at premium to sector average PB of 8.92

View the current stock price of Bharat Dynamics for more insights.

P/B Ratio Historical Trend for Bharat Dynamics

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 6.69 ₹219.07 ₹1466.50 ₹4,009 High
2024 5.65 ₹198.74 ₹1122.85 ₹3,637 High
2023 4.88 ₹175.52 ₹856.20 ₹3,212 High
2022 2.85 ₹165.63 ₹472.05 ₹3,031 Moderate
2021 1.33 ₹146.72 ₹194.80 ₹2,685 Moderate

Sector P/B Ratio Comparison

Comparing Bharat Dynamics with other companies in Aerospace & Defense sector
Sector Average
8.92
Sector Median
8.13
Lowest P/B
0.62
Highest P/B
22.52
Companies
24
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Rossell ROSSELLIND 0.62 ₹317 Low
DCX Systems DCXINDIA 1.46 ₹2,097 Moderate
Ideaforge Technology IDEAFORGE 3.58 ₹2,007 High
Mishra Dhatu Nigam MIDHANI 4.5 ₹6,630 High
Taneja Aerospace & Aviat… TANAA 4.93 ₹738 High
CFF Fluid Control CFF 5.27 ₹1,232 High
Jaykay Enterprises JAYKAY 5.28 ₹2,525 High
Unimech Aerospace and Ma… UNIMECH 6.47 ₹4,615 High
Zen Technologies ZENTEC 6.78 ₹11,918 High
Apollo Micro Systems APOLLO 7.61 ₹8,803 High