Enkei Wheels P/B Ratio

ENKEIWHEL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.84
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.84
Current Price ₹500.00
Book Value/Share ₹261.11
Exchange BSE

Book Value Breakdown (2024)

Balance Sheet Components
Total Equity ₹235 Cr
Share Capital ₹9 Cr
Reserves & Surplus ₹211 Cr
Outstanding Shares 9,000,000
Book Value per Share ₹261.11

Valuation Signal

Signal Overvalued
Historical Avg 1.98
Historical Range 1.22 - 2.59
Percentile 100.0%

Sector Context

Sector Average 0.84
Sector Median 0.97
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Enkei Wheels

  • Stock appears overvalued with PB of 3.84, 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 94.1% above historical average
  • Trading at premium to sector average PB of 0.84

View the current stock price of Enkei Wheels for more insights.

P/B Ratio Historical Trend for Enkei Wheels

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
2024 2.59 ₹261.11 ₹675.20 ₹235 Moderate
2023 2.25 ₹258.89 ₹582.45 ₹233 Moderate
2022 2.36 ₹245.56 ₹578.90 ₹221 Moderate
2021 1.47 ₹231.11 ₹340.00 ₹208 Moderate
2020 1.22 ₹212.22 ₹259.05 ₹191 Moderate

Sector P/B Ratio Comparison

Comparing Enkei Wheels with other companies in Automobiles sector
Sector Average
0.84
Sector Median
0.97
Lowest P/B
-4.03
Highest P/B
1.76
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Innovative Tyre & Tube Lt ITTL -4.03 ₹94 Low
Setco Automotive SETCO -0.25 ₹191 Low
India Radiators INRADIA -0.2 ₹1 Low
Spectra Industries SPECTRA -0.06 ₹3 Low
Kairosoft AI Solutions VOLKAI 0.13 ₹5 Low
Nirbhay Colours NIRBHAYIND 0.15 ₹0 Low
Lakshmi Precision Screws LAKPRE 0.26 ₹5 Low
Precision Metaliks PRECISION 0.33 ₹29 Low
Rasandik Engineering Ind… RASANDIK 0.4 ₹35 Low
India Motor Parts & Acce… IMPAL 0.5 ₹1,263 Low