Eastern Treads P/B Ratio
EASTRED • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
-2.26
Low Valuation
Very Low - Significant discount to book value, potential distress or value opportunity
Current Valuation Metrics
P/B Ratio
-2.26
Current Price
₹31.59
Book Value/Share
₹2.00
Exchange
BSE
Book Value Breakdown (2022)
Balance Sheet Components
Total Equity
₹1 Cr
Share Capital
₹5 Cr
Reserves & Surplus
₹-12 Cr
Outstanding Shares
5,000,000
Book Value per Share
₹2.00
Valuation Signal
Signal
Undervalued
Historical Avg
6.05
Historical Range
1.69 - 17.88
Percentile
0.0%
Sector Context
Sector Average
-1.86
Sector Median
-0.4
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for Eastern Treads
- Stock appears undervalued with PB of -2.26, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 137.4% below historical average
- Trading at discount to sector average PB of -1.86
View the current stock price of Eastern Treads for more insights.
P/B Ratio Historical Trend for Eastern Treads
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.
Related Pages for Eastern Treads
Additional stock information and data for EASTRED
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2022 | 17.88 | ₹2.0 | ₹35.75 | ₹1 | High |
| 2021 | 4.92 | ₹10.0 | ₹49.15 | ₹5 | High |
| 2020 | 2.86 | ₹12.0 | ₹34.35 | ₹6 | Moderate |
| 2019 | 1.69 | ₹16.0 | ₹27.00 | ₹8 | Moderate |
| 2018 | 2.89 | ₹20.0 | ₹57.80 | ₹10 | Moderate |
Sector P/B Ratio Comparison
Comparing Eastern Treads with other companies in Industrial Products sector
Sector Average
-1.86
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.47
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -16.74 | ₹4 | Low |
| Cochin Malabar Estates | COCHMAL | -13.94 | ₹26 | Low |
| Shah Alloys | SHAHALLOYS | -13.51 | ₹135 | Low |
| Electrotherm | ELECTHERM | -6.88 | ₹1,160 | Low |
| Heera Ispat | HEERAISP | -5.91 | ₹5 | Low |
| TPINDIA | TPINDIA | -4.91 | ₹69 | Low |
| Mahip Industries | MAHIP | -4.28 | ₹7 | Low |
| Nova Iron & Steel | NOVIS | -4.16 | ₹49 | Low |
| Promact Impex | PROMACT | -3.16 | ₹7 | Low |
| Ashiana Ispat | ASHIS | -2.81 | ₹23 | Low |