Elecon Engineering Company P/B Ratio
ELECON • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.89
High Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
3.89
Current Price
₹419.60
Book Value/Share
₹908.64
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹1,999 Cr
Share Capital
₹22 Cr
Reserves & Surplus
₹1,976 Cr
Outstanding Shares
22,000,000
Book Value per Share
₹908.64
Valuation Signal
Signal
Overvalued
Historical Avg
0.56
Historical Range
0.22 - 0.87
Percentile
100.0%
Sector Context
Sector Average
0.11
Sector Median
0.64
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for Elecon Engineering Company
- Stock appears overvalued with PB of 3.89, 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 594.6% above historical average
- Trading at premium to sector average PB of 0.11
P/B Ratio Historical Trend for Elecon Engineering Company
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 Elecon Engineering Company
Additional stock information and data for ELECON
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 0.53 | ₹908.64 | ₹481.45 | ₹1,999 | Low |
| 2024 | 0.87 | ₹729.09 | ₹634.50 | ₹1,604 | Low |
| 2023 | 0.8 | ₹581.36 | ₹463.50 | ₹1,279 | Low |
| 2022 | 0.38 | ₹477.27 | ₹182.30 | ₹1,050 | Low |
| 2021 | 0.22 | ₹417.73 | ₹92.15 | ₹919 | Low |
Sector P/B Ratio Comparison
Comparing Elecon Engineering Company with other companies in Capital Goods sector
Sector Average
0.11
Sector Median
0.64
Lowest P/B
-4.19
Highest P/B
1.09
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Jyoti | JYOTI | -4.19 | ₹131 | Low |
| Lexoraa Industries | LEXORAA | -3.94 | ₹5 | Low |
| Miven Machine Tools | MIVENMACH | -3.46 | ₹21 | Low |
| Incon Engineers | INCON | -3.23 | ₹6 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.58 | ₹15 | Low |
| Switching Technologies G… | SWITCHTE | -0.89 | ₹15 | Low |
| HMT | HMT | -0.85 | ₹2,242 | Low |
| Pan Electroncis | PANELEC | -0.59 | ₹17 | Low |
| TMT India | TMTIND-B1 | -0.51 | ₹3 | Low |