Elgi Equipments P/B Ratio
Elgi Equipments (ELGIEQUIP) P/B ratio is 8.83 (High), book value per share ₹697.50 vs Industrial Products average P/B of -1.74 — Very High - Significant premium, high growth expectations or speculative. Read Elgi Equipments dividend payments for the complete payout history and dividend yield track record.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ELGIEQUIP P/B Ratio — Valuation Insights & Book Value Analysis
Elgi Equipments price-to-book ratio interpretation, valuation status and historical context — current P/B 8.83 (High). For live price, earnings yield and the full fundamental profile, see ELGIEQUIP screener.
- Stock appears overvalued with PB of 8.83, 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 717.6% above historical average
- Trading at premium to sector average PB of -1.74
Elgi Equipments P/B Ratio Historical Trend
ELGIEQUIP 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 Elgi Equipments intrinsic worth to estimate fundamental worth using multiple valuation models.
ELGIEQUIP Historical P/B Ratio — Book Value Per Share & Year-End Price
Elgi Equipments 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 | 0.87 | ₹697.5 | ₹609.55 | ₹2,232 | Low |
| 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 |
ELGIEQUIP vs Industrial Products Peers — P/B Ratio Comparison
Elgi Equipments P/B 8.83 vs Industrial Products average -1.74, median -0.36 — range -11.76–0.35.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.76 | ₹24 | Low |
| Mahalaxmi Seamless | MAHALXSE | -8.83 | ₹5 | Low |
| Rollatainers | ROLLT | -8.08 | ₹143 | Low |
| Electrotherm | ELECTHERM | -7.83 | ₹1,219 | Low |
| TPINDIA | TPINDIA | -6.89 | ₹81 | Low |
| Aditya Ispat | ADITYA | -5.73 | ₹4 | Low |
| Heera Ispat | HEERAISP | -5.1 | ₹4 | Low |
| Mahip Industries | MAHIP | -4.04 | ₹32 | Low |
| Promact Plastics | PROMACT | -3.11 | ₹8 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |