Elgi Equipments P/B Ratio
ELGIEQUIP • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
7.37
High Valuation
Very High - Significant premium, high growth expectations or speculative
Current Valuation Metrics
P/B Ratio
7.37
Current Price
₹447.10
Book Value/Share
₹583.12
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹1,866 Cr
Share Capital
₹32 Cr
Reserves & Surplus
₹1,834 Cr
Outstanding Shares
32,000,000
Book Value per Share
₹583.12
Valuation Signal
Signal
Overvalued
Historical Avg
1.13
Historical Range
0.81 - 1.3
Percentile
100.0%
Sector Context
Sector Average
-1.93
Sector Median
-0.4
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for Elgi Equipments
- Stock appears overvalued with PB of 7.37, 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 554.5% above historical average
- Trading at premium to sector average PB of -1.93
View the current stock price of Elgi Equipments for more insights.
P/B Ratio Historical Trend for Elgi Equipments
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 Elgi Equipments
Additional stock information and data for ELGIEQUIP
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 0.81 | ₹583.12 | ₹473.75 | ₹1,866 | Low |
| 2024 | 1.15 | ₹503.44 | ₹579.80 | ₹1,611 | Moderate |
| 2023 | 1.27 | ₹428.44 | ₹544.55 | ₹1,371 | Moderate |
| 2022 | 1.3 | ₹322.81 | ₹419.50 | ₹1,033 | Moderate |
| 2021 | 1.1 | ₹271.88 | ₹299.10 | ₹870 | Moderate |
Sector P/B Ratio Comparison
Comparing Elgi Equipments with other companies in Industrial Products sector
Sector Average
-1.93
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.45
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 |