Garden Reach Shipbuilders P/B Ratio

GRSE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
12.46
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 12.46
Current Price ₹2477.30
Book Value/Share ₹180.78
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹2,079 Cr
Share Capital ₹115 Cr
Reserves & Surplus ₹1,965 Cr
Outstanding Shares 115,000,000
Book Value per Share ₹180.78

Valuation Signal

Signal Overvalued
Historical Avg 7.68
Historical Range 2.26 - 13.52
Percentile 80.0%

Sector Context

Sector Average 8.98
Sector Median 7.45
Sector Rank #11 of 24
Sector Percentile 45.8%

Key P/B Ratio Insights for Garden Reach Shipbuilders

  • Stock appears overvalued with PB of 12.46, 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 62.2% above historical average
  • Trading at premium to sector average PB of 8.98

View the current stock price of Garden Reach Shipbuilders for more insights.

P/B Ratio Historical Trend for Garden Reach Shipbuilders

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 13.52 ₹180.78 ₹2444.10 ₹2,079 High
2024 11.11 ₹145.48 ₹1616.40 ₹1,673 High
2023 7.1 ₹122.96 ₹873.25 ₹1,414 High
2022 4.43 ₹109.39 ₹484.70 ₹1,258 High
2021 2.26 ₹98.87 ₹223.35 ₹1,137 Moderate

Sector P/B Ratio Comparison

Comparing Garden Reach Shipbuilders with other companies in Aerospace & Defense sector
Sector Average
8.98
Sector Median
7.45
Lowest P/B
0.56
Highest P/B
23.6
Companies
24
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Rossell ROSSELLIND 0.56 ₹272 Low
DCX Systems DCXINDIA 1.28 ₹1,894 Moderate
Ideaforge Technology IDEAFORGE 3.2 ₹1,778 High
Jaykay Enterprises JAYKAY 4.43 ₹2,084 High
Taneja Aerospace & Aviat… TANAA 4.68 ₹719 High
Mishra Dhatu Nigam MIDHANI 4.81 ₹6,762 High
CFF Fluid Control CFF 4.86 ₹1,108 High
Apollo Micro Systems APOLLO 6.49 ₹8,217 High
NIBE NIBE 6.5 ₹1,422 High
Zen Technologies ZENTEC 6.6 ₹12,012 High