CEAT P/B Ratio

CEATLTD • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.4
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.4
Current Price ₹3728.60
Book Value/Share ₹1067.32
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹4,376 Cr
Share Capital ₹41 Cr
Reserves & Surplus ₹4,328 Cr
Outstanding Shares 41,000,000
Book Value per Share ₹1067.32

Valuation Signal

Signal Overvalued
Historical Avg 2.65
Historical Range 1.49 - 3.57
Percentile 80.0%

Sector Context

Sector Average 0.84
Sector Median 0.97
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for CEAT

  • Stock appears overvalued with PB of 3.4, 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 28.3% above historical average
  • Trading at premium to sector average PB of 0.84

View the current stock price of CEAT for more insights.

P/B Ratio Historical Trend for CEAT

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 3.57 ₹1067.32 ₹3812.60 ₹4,376 High
2024 3.27 ₹988.29 ₹3232.35 ₹4,052 High
2023 2.88 ₹843.17 ₹2427.00 ₹3,457 Moderate
2022 2.04 ₹803.9 ₹1642.50 ₹3,296 Moderate
2021 1.49 ₹814.63 ₹1215.25 ₹3,340 Moderate

Sector P/B Ratio Comparison

Comparing CEAT with other companies in Automobiles sector
Sector Average
0.84
Sector Median
0.97
Lowest P/B
-4.03
Highest P/B
1.76
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Innovative Tyre & Tube Lt ITTL -4.03 ₹94 Low
Setco Automotive SETCO -0.25 ₹191 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 0.5 ₹1,263 Low