Grindwell Norton P/B Ratio
GRINDWELL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
7.78
High Valuation
Very High - Significant premium, high growth expectations or speculative
Current Valuation Metrics
P/B Ratio
7.78
Current Price
₹1587.90
Book Value/Share
₹412.73
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹2,270 Cr
Share Capital
₹55 Cr
Reserves & Surplus
₹2,200 Cr
Outstanding Shares
55,000,000
Book Value per Share
₹412.73
Valuation Signal
Signal
Overvalued
Historical Avg
5.96
Historical Range
3.79 - 7.66
Percentile
100.0%
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 Grindwell Norton
- Stock appears overvalued with PB of 7.78, 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 30.4% above historical average
- Trading at premium to sector average PB of -1.93
View the current stock price of Grindwell Norton for more insights.
P/B Ratio Historical Trend for Grindwell Norton
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.
Related Pages for Grindwell Norton
Additional stock information and data for GRINDWELL
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 3.79 | ₹412.73 | ₹1564.10 | ₹2,270 | High |
| 2024 | 5.11 | ₹375.82 | ₹1919.90 | ₹2,067 | High |
| 2023 | 7.05 | ₹330.36 | ₹2329.10 | ₹1,817 | High |
| 2022 | 6.21 | ₹287.27 | ₹1783.65 | ₹1,580 | High |
| 2021 | 7.66 | ₹250.36 | ₹1917.00 | ₹1,377 | High |
Sector P/B Ratio Comparison
Comparing Grindwell Norton with other companies in Industrial Products sector
Sector Average
-1.93
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.45
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -16.74 | ₹4 | Low |
| Cochin Malabar Estates | COCHMAL | -13.94 | ₹26 | Low |
| Shah Alloys | SHAHALLOYS | -13.51 | ₹135 | Low |
| Electrotherm | ELECTHERM | -6.88 | ₹1,160 | Low |
| Heera Ispat | HEERAISP | -5.91 | ₹5 | Low |
| TPINDIA | TPINDIA | -4.91 | ₹69 | Low |
| Mahip Industries | MAHIP | -4.28 | ₹7 | Low |
| Nova Iron & Steel | NOVIS | -4.16 | ₹49 | Low |
| Promact Impex | PROMACT | -3.16 | ₹7 | Low |
| Ashiana Ispat | ASHIS | -2.81 | ₹23 | Low |