Bharat Forge P/B Ratio

BHARATFORG • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
7.57
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 7.57
Current Price ₹1454.10
Book Value/Share ₹960.52
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹9,221 Cr
Share Capital ₹96 Cr
Reserves & Surplus ₹9,156 Cr
Outstanding Shares 96,000,000
Book Value per Share ₹960.52

Valuation Signal

Signal Overvalued
Historical Avg 1.47
Historical Range 1.19 - 1.71
Percentile 100.0%

Sector Context

Sector Average 0.83
Sector Median 0.97
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Bharat Forge

  • Stock appears overvalued with PB of 7.57, 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 415.0% above historical average
  • Trading at premium to sector average PB of 0.83

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

P/B Ratio Historical Trend for Bharat Forge

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 1.53 ₹960.52 ₹1470.40 ₹9,221 Moderate
2024 1.69 ₹770.43 ₹1299.50 ₹7,165 Moderate
2023 1.71 ₹724.95 ₹1238.35 ₹6,742 Moderate
2022 1.23 ₹712.58 ₹879.85 ₹6,627 Moderate
2021 1.19 ₹585.7 ₹697.85 ₹5,447 Moderate

Sector P/B Ratio Comparison

Comparing Bharat Forge with other companies in Automobiles sector
Sector Average
0.83
Sector Median
0.97
Lowest P/B
-3.96
Highest P/B
1.76
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Innovative Tyre & Tube Lt ITTL -3.96 ₹95 Low
Setco Automotive SETCO -0.27 ₹210 Low
India Radiators INRADIA -0.2 ₹1 Low
Spectra Industries SPECTRA -0.06 ₹3 Low
Kairosoft AI Solutions VOLKAI 0.13 ₹5 Low
Nirbhay Colours NIRBHAYIND 0.15 ₹0 Low
Lakshmi Precision Screws LAKPRE 0.26 ₹5 Low
Precision Metaliks PRECISION 0.33 ₹29 Low
Rasandik Engineering Ind… RASANDIK 0.4 ₹35 Low
India Motor Parts & Acce… IMPAL 0.52 ₹1,295 Low