Garden Reach Shipbuilders P/B Ratio
Garden Reach Shipbuilders (GRSE) P/B ratio is 10.63 (High), book value per share ₹228.35 vs Aerospace & Defense average P/B of 10.79 — Very High - Significant premium, high growth expectations or speculative. Read GRSE ex-dividend dates for the complete payout history and dividend yield track record.
Current Valuation Metrics
Book Value Breakdown (2026)
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 10.63 (High). Explore GRSE intrinsic value to estimate fundamental worth using multiple valuation models.
- Stock appears overvalued with PB of 10.63, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
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. For live price, earnings yield and the full fundamental profile, see GRSE stock price BSE.
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 |
|---|---|---|---|---|---|
| 2026 | 10.56 | ₹228.35 | ₹2411.80 | ₹2,626 | High |
| 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 |
GRSE vs Aerospace & Defense Peers — P/B Ratio Comparison
Garden Reach Shipbuilders P/B 10.63 vs Aerospace & Defense average 10.79, median 9.99 — range 0.71–32.28.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rossell | ROSSELLIND | 0.71 | ₹344 | Low |
| Ideaforge Technology | IDEAFORGE | 0.82 | ₹3,499 | Low |
| DCX Systems | DCXINDIA | 1.24 | ₹1,800 | Moderate |
| Jaykay Enterprises | JAYKAY | 2.81 | ₹2,178 | Moderate |
| Taneja Aerospace & Aviat… | TANAA | 4.15 | ₹681 | High |
| NIBE | NIBE | 4.81 | ₹1,916 | High |
| TechEra Engineering | TECHERA | 5.17 | ₹268 | High |
| Mishra Dhatu Nigam | MIDHANI | 5.67 | ₹7,603 | High |
| CFF Fluid Control | CFF | 7.74 | ₹2,102 | High |
| Krishna Defence & Allied… | KRISHNADEF | 7.74 | ₹1,504 | High |