Ester Industries P/B Ratio
Ester Industries (ESTER) P/B ratio is 1.19 (Moderate), book value per share ₹159.80 vs Industrial Products average P/B of -1.91 — Moderate - Reasonably valued relative to book value. View ESTER 52-week chart for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ESTER P/B Ratio — Valuation Insights & Book Value Analysis
Ester Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 1.19 (Moderate). Compare with ESTER DCF valuation to assess whether the stock is under or overvalued.
- Current PB is 65.7% above historical average
- Trading at premium to sector average PB of -1.91
Ester Industries P/B Ratio Historical Trend
ESTER 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. For live price, earnings yield and the full fundamental profile, see ESTER share price screener.
ESTER Historical P/B Ratio — Book Value Per Share & Year-End Price
Ester Industries 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 | 0.59 | ₹159.8 | ₹93.49 | ₹783 | Low |
| 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 |
ESTER vs Industrial Products Peers — P/B Ratio Comparison
Ester Industries P/B 1.19 vs Industrial Products average -1.91, median -0.32 — range -13.96–0.39.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -13.96 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.32 | ₹144 | Low |
| Cochin Malabar Estates | COCHMAL | -11.49 | ₹24 | Low |
| TPINDIA | TPINDIA | -8.28 | ₹92 | Low |
| Electrotherm | ELECTHERM | -6.41 | ₹966 | Low |
| Heera Ispat | HEERAISP | -5.94 | ₹5 | Low |
| Mahip Industries | MAHIP | -5.46 | ₹45 | Low |
| Nova Iron & Steel | NOVIS | -4.44 | ₹45 | Low |
| Mukat Pipes | MUKATPIP | -3.45 | ₹25 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |