Bharat Dynamics P/B Ratio
Bharat Dynamics (BDL) P/B ratio is 10.29 (High), book value per share ₹231.75 vs Aerospace & Defense average P/B of 10.79 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Bharat Dynamics screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
BDL P/B Ratio — Valuation Insights & Book Value Analysis
Bharat Dynamics price-to-book ratio interpretation, valuation status and historical context — current P/B 10.29 (High). Explore BDL value investing to estimate fundamental worth using multiple valuation models.
- Stock appears overvalued with PB of 10.29, 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 103.9% above historical average
Bharat Dynamics P/B Ratio Historical Trend
BDL 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. Read BDL dividend yield for the complete payout history and dividend yield track record.
BDL Historical P/B Ratio — Book Value Per Share & Year-End Price
Bharat Dynamics 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 |
|---|---|---|---|---|---|
| 2026 | 5.16 | ₹231.75 | ₹1196.60 | ₹4,241 | High |
| 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 |
BDL vs Aerospace & Defense Peers — P/B Ratio Comparison
Bharat Dynamics P/B 10.29 vs Aerospace & Defense average 10.79, median 9.99 — range 0.71–32.28.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rossell | ROSSELLIND | 0.71 | ₹344 | Low |
| Ideaforge Technology | IDEAFORGE | 0.82 | ₹3,499 | Low |
| DCX Systems | DCXINDIA | 1.24 | ₹1,800 | Moderate |
| Jaykay Enterprises | JAYKAY | 2.84 | ₹2,016 | Moderate |
| Taneja Aerospace & Aviat… | TANAA | 4.15 | ₹681 | High |
| NIBE | NIBE | 4.81 | ₹1,916 | High |
| TechEra Engineering | TECHERA | 5.17 | ₹268 | High |
| Mishra Dhatu Nigam | MIDHANI | 5.67 | ₹7,603 | High |
| CFF Fluid Control | CFF | 7.74 | ₹2,102 | High |
| Krishna Defence & Allied… | KRISHNADEF | 7.74 | ₹1,504 | High |