CEAT P/B Ratio
CEAT (CEATLTD) P/B ratio is 3.28 (High), book value per share ₹1067.32 vs Automobiles average P/B of 0.73 — High - Premium to book value, growth expectations or asset-light model. Compare with CEATLTD stock valuation models to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
CEATLTD P/B Ratio — Valuation Insights & Book Value Analysis
CEAT price-to-book ratio interpretation, valuation status and historical context — current P/B 3.28 (High). View CEAT yearly highs lows for the annual high/low range and current price position.
- Stock appears overvalued with PB of 3.28, 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 23.8% above historical average
- Trading at premium to sector average PB of 0.73
CEAT P/B Ratio Historical Trend
CEATLTD 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. For live price, earnings yield and the full fundamental profile, see CEAT screener.
CEATLTD Historical P/B Ratio — Book Value Per Share & Year-End Price
CEAT 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 | 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 |
CEATLTD vs Automobiles Peers — P/B Ratio Comparison
CEAT P/B 3.28 vs Automobiles average 0.73, median 0.9 — range -4.1–1.53.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Innovative Tyre & Tube Lt | ITTL | -4.1 | ₹95 | Low |
| Setco Automotive | SETCO | -0.42 | ₹322 | Low |
| Eraaya Lifespaces | EBIX | -0.35 | ₹638 | Low |
| India Radiators | INRADIA | -0.2 | ₹1 | Low |
| Spectra Industries | SPECTRA | -0.07 | ₹4 | Low |
| Nirbhay Colours | NIRBHAYIND | 0.15 | ₹0 | Low |
| Kairosoft AI Solutions | VOLKAI | 0.2 | ₹7 | Low |
| Precision Metaliks | PRECISION | 0.21 | ₹18 | Low |
| Lakshmi Precision Screws | LAKPRE | 0.23 | ₹5 | Low |
| Rasandik Engineering Ind… | RASANDIK | 0.39 | ₹39 | Low |