Garden Reach Shipbuilders P/B Ratio
Garden Reach Shipbuilders (GRSE) P/B ratio is 14.24 (High), book value per share ₹180.78 vs Aerospace & Defense average P/B of 10.26 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see GRSE stock price BSE.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
GRSE P/B Ratio — Valuation Insights & Book Value Analysis
Garden Reach Shipbuilders price-to-book ratio interpretation, valuation status and historical context — current P/B 14.24 (High). Compare with GRSE stock valuation models to assess whether the stock is under or overvalued.
- Stock appears overvalued with PB of 14.24, 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 85.3% above historical average
- Trading at premium to sector average PB of 10.26
Garden Reach Shipbuilders P/B Ratio Historical Trend
GRSE 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. View Garden Reach Shipbuilders 52-week for the annual high/low range and current price position.
GRSE Historical P/B Ratio — Book Value Per Share & Year-End Price
Garden Reach Shipbuilders 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 |
|---|---|---|---|---|---|
| 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 |
GRSE vs Aerospace & Defense Peers — P/B Ratio Comparison
Garden Reach Shipbuilders P/B 14.24 vs Aerospace & Defense average 10.26, median 8.64 — range 0.71–27.04.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rossell | ROSSELLIND | 0.71 | ₹350 | Low |
| DCX Systems | DCXINDIA | 1.55 | ₹2,250 | Moderate |
| Ideaforge Technology | IDEAFORGE | 4.32 | ₹2,569 | High |
| Taneja Aerospace & Aviat… | TANAA | 4.69 | ₹708 | High |
| Jaykay Enterprises | JAYKAY | 4.93 | ₹2,373 | High |
| Mishra Dhatu Nigam | MIDHANI | 4.96 | ₹7,368 | High |
| NIBE | NIBE | 5.76 | ₹1,598 | High |
| TechEra Engineering | TECHERA | 7.01 | ₹343 | High |
| CFF Fluid Control | CFF | 7.27 | ₹1,752 | High |
| Aequs | AEQUS | 7.73 | ₹12,904 | High |