Bharat Road Network P/B Ratio
Bharat Road Network (BRNL) P/B ratio is 0.41 (Low), book value per share ₹50.24 vs Construction average P/B of -0.34 — Very Low - Significant discount to book value, potential distress or value opportunity. Compare with Bharat Road Network valuation methods to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
BRNL P/B Ratio — Valuation Insights & Book Value Analysis
Bharat Road Network price-to-book ratio interpretation, valuation status and historical context — current P/B 0.41 (Low). For live price, earnings yield and the full fundamental profile, see BRNL share price.
- Stock appears undervalued with PB of 0.41, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 43.7% below historical average
- Trading at premium to sector average PB of -0.34
Bharat Road Network P/B Ratio Historical Trend
BRNL 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. View BRNL annual price range for the annual high/low range and current price position.
BRNL Historical P/B Ratio — Book Value Per Share & Year-End Price
Bharat Road Network 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 |
|---|---|---|---|---|---|
| 2025 | 0.45 | ₹50.24 | ₹22.62 | ₹422 | Low |
| 2024 | 1.34 | ₹34.05 | ₹45.54 | ₹286 | Moderate |
| 2023 | 1.05 | ₹47.62 | ₹49.85 | ₹400 | Moderate |
| 2022 | 0.55 | ₹71.67 | ₹39.25 | ₹602 | Low |
| 2021 | 0.25 | ₹117.98 | ₹29.95 | ₹991 | Low |
BRNL vs Construction Peers — P/B Ratio Comparison
Bharat Road Network P/B 0.41 vs Construction average -0.34, median 0.42 — range -22.79–0.76.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Shiva Cement | SHIVACEM | -22.79 | ₹515 | Low |
| Hemadri Cements | HEMACEM | -3.9 | ₹33 | Low |
| Refex Renewables Infrast… | REFEXRENEW | -2.19 | ₹143 | Low |
| Sri Chakra Cement Limited | SRICC | -1.91 | ₹45 | Low |
| BGR Energy Systems | BGRENERGY | -1.11 | ₹2,162 | Low |
| Sadbhav Engineering | SADBHAV | -0.68 | ₹158 | Low |
| Triveni Glass | TRIVENIGQ | -0.51 | ₹8 | Low |
| Vardhman Concrete | VARDHMAN | -0.42 | ₹5 | Low |
| Panyam Cements & Mineral… | PANCM | -0.38 | ₹95 | Low |
| GVK Power & Infrastructu… | GVKPIL | -0.34 | ₹485 | Low |