Equitas Small Finance Bank P/B Ratio

EQUITASBNK • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.3
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.3
Current Price ₹66.67
Book Value/Share ₹53.27
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹6,073 Cr
Share Capital ₹1,140 Cr
Reserves & Surplus ₹4,933 Cr
Outstanding Shares 1,140,000,000
Book Value per Share ₹53.27

Valuation Signal

Signal Fairly Valued
Historical Avg 1.68
Historical Range 1.18 - 2.27
Percentile 40.0%

Sector Context

Sector Average 1.53
Sector Median 1.35
Sector Rank #11 of 40
Sector Percentile 27.5%

Key P/B Ratio Insights for Equitas Small Finance Bank

  • Current PB is 22.5% below historical average
  • Trading at discount to sector average PB of 1.53

View the current stock price of Equitas Small Finance Bank for more insights.

P/B Ratio Historical Trend for Equitas Small Finance Bank

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 1.18 ₹53.27 ₹62.99 ₹6,073 Moderate
2024 1.22 ₹52.59 ₹64.02 ₹5,969 Moderate
2023 2.27 ₹46.43 ₹105.50 ₹5,158 Moderate
2022 1.72 ₹33.91 ₹58.35 ₹4,246 Moderate
2021 2.0 ₹29.82 ₹59.50 ₹3,396 Moderate

Sector P/B Ratio Comparison

Comparing Equitas Small Finance Bank with other companies in Banks sector
Sector Average
1.53
Sector Median
1.35
Lowest P/B
0.63
Highest P/B
4.18
Companies
40
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Karnataka Bank KTKBANK 0.63 ₹7,619 Low
Suryoday Small Finance B… SURYODAY 0.77 ₹1,528 Low
ESAF Small Finance Bank ESAFSFB 0.78 ₹1,362 Low
Jammu & Kashmir Bank J&KBANK 0.79 ₹10,930 Low
Utkarsh Small Finance Ba… UTKARSHBNK 0.83 ₹2,710 Low
Dhanlaxmi Bank DHANBANK 0.83 ₹1,040 Low
Tamilnad Mercantile Bank TMB 0.86 ₹8,209 Low
Capital Small Finance Ba… CAPITALSFB 0.87 ₹1,224 Low
Bank of India BANKINDIA 0.87 ₹66,920 Low
South Indian Bank SOUTHBANK 0.92 ₹9,855 Low