Ester Industries P/B Ratio

ESTER • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.22
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.22
Current Price ₹96.94
Book Value/Share ₹164.47
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹773 Cr
Share Capital ₹47 Cr
Reserves & Surplus ₹682 Cr
Outstanding Shares 47,000,000
Book Value per Share ₹164.47

Valuation Signal

Signal Fairly Valued
Historical Avg 0.81
Historical Range 0.5 - 1.05
Percentile 100.0%

Sector Context

Sector Average -1.92
Sector Median -0.4
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Ester Industries

  • Current PB is 50.6% above historical average
  • Trading at premium to sector average PB of -1.92

View the current stock price of Ester Industries for more insights.

P/B Ratio Historical Trend for Ester Industries

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 0.62 ₹164.47 ₹102.32 ₹773 Low
2024 1.0 ₹152.77 ₹152.53 ₹718 Low
2023 0.5 ₹176.9 ₹88.80 ₹743 Low
2022 0.88 ₹148.1 ₹130.45 ₹622 Low
2021 1.05 ₹121.9 ₹128.05 ₹512 Moderate

Sector P/B Ratio Comparison

Comparing Ester Industries with other companies in Industrial Products sector
Sector Average
-1.92
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