Elecon Engineering Company P/B Ratio

ELECON • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
4.79
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 4.79
Current Price ₹503.35
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 0.13
Sector Median 0.69
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Elecon Engineering Company

  • Stock appears overvalued with PB of 4.79, 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 755.4% above historical average
  • Trading at premium to sector average PB of 0.13

View the current stock price of Elecon Engineering Company for more insights.

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.

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
0.13
Sector Median
0.69
Lowest P/B
-6.17
Highest P/B
1.34
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Jyoti JYOTI -6.17 ₹202 Low
Miven Machine Tools MIVENMACH -4.27 ₹25 Low
Lexoraa Industries LEXORAA -3.94 ₹5 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