Elecon Engineering Company P/B Ratio
Elecon Engineering Company (ELECON) P/B ratio is 4.03 (High), book value per share ₹1048.18 vs Capital Goods average P/B of -1.41 — Very High - Significant premium, high growth expectations or speculative. Read ELECON dividend history for the complete payout history and dividend yield track record.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ELECON P/B Ratio — Valuation Insights & Book Value Analysis
Elecon Engineering Company price-to-book ratio interpretation, valuation status and historical context — current P/B 4.03 (High). For live price, earnings yield and the full fundamental profile, see Elecon Engineering Company share price screener.
- Stock appears overvalued with PB of 4.03, 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 576.2% above historical average
- Trading at premium to sector average PB of -1.41
Elecon Engineering Company P/B Ratio Historical Trend
ELECON 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. Explore Elecon Engineering Company intrinsic price to estimate fundamental worth using multiple valuation models.
ELECON Historical P/B Ratio — Book Value Per Share & Year-End Price
Elecon Engineering Company 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 |
|---|---|---|---|---|---|
| 2026 | 0.4 | ₹1048.18 | ₹421.20 | ₹2,306 | Low |
| 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 |
ELECON vs Capital Goods Peers — P/B Ratio Comparison
Elecon Engineering Company P/B 4.03 vs Capital Goods average -1.41, median 0.46 — range -41.41–1.04.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| John Cockerill | COCKERILL | -41.41 | ₹4,031 | Low |
| Tarapur Transformers | TARAPUR | -13.27 | ₹25 | Low |
| Artson | ARTSON | -8.32 | ₹609 | Low |
| Incon Engineers | INCON | -5.65 | ₹12 | Low |
| Jyoti | JYOTI | -5.59 | ₹137 | Low |
| Switching Technologies G… | SWITCHTE | -5.07 | ₹31 | Low |
| Miven Machine Tools | MIVENMACH | -3.35 | ₹22 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.94 | ₹18 | Low |
| HMT | HMT | -1.07 | ₹2,895 | Low |