Garware Hi-Tech Films P/B Ratio

GRWRHITECH • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.36
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.36
Current Price ₹3693.90
Book Value/Share ₹1031.30
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹2,372 Cr
Share Capital ₹23 Cr
Reserves & Surplus ₹2,349 Cr
Outstanding Shares 23,000,000
Book Value per Share ₹1031.30

Valuation Signal

Signal Overvalued
Historical Avg 2.49
Historical Range 0.88 - 5.63
Percentile 80.0%

Sector Context

Sector Average -1.93
Sector Median -0.4
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Garware Hi-Tech Films

  • Stock appears overvalued with PB of 3.36, 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 34.8% above historical average
  • Trading at premium to sector average PB of -1.93

P/B Ratio Historical Trend for Garware Hi-Tech Films

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 3.02 ₹1031.3 ₹3109.90 ₹2,372 High
2024 5.63 ₹889.13 ₹5007.95 ₹2,045 High
2023 1.74 ₹806.96 ₹1401.90 ₹1,856 Moderate
2022 0.88 ₹743.91 ₹658.00 ₹1,711 Low
2021 1.19 ₹680.0 ₹805.90 ₹1,564 Moderate

Sector P/B Ratio Comparison

Comparing Garware Hi-Tech Films with other companies in Industrial Products sector
Sector Average
-1.93
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.4
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Mahalaxmi Seamless MAHALXSE -16.74 ₹4 Low
Shah Alloys SHAHALLOYS -13.51 ₹135 Low
Cochin Malabar Estates COCHMAL -11.89 ₹23 Low
Electrotherm ELECTHERM -6.88 ₹1,160 Low
Heera Ispat HEERAISP -5.91 ₹5 Low
Mahip Industries MAHIP -5.13 ₹42 Low
TPINDIA TPINDIA -4.91 ₹69 Low
Nova Iron & Steel NOVIS -4.16 ₹49 Low
MSR India MSRINDIA -3.38 ₹34 Low
Nilachal Refractories NILACHAL -3.28 ₹90 Low