Grindwell Norton P/B Ratio
Grindwell Norton (GRINDWELL) P/B ratio is 10.64 (High), book value per share ₹463.64 vs Industrial Products average P/B of -1.69 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Grindwell Norton screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
GRINDWELL P/B Ratio — Valuation Insights & Book Value Analysis
Grindwell Norton price-to-book ratio interpretation, valuation status and historical context — current P/B 10.64 (High). Review GRINDWELL earnings multiple to evaluate earnings-based valuation against sector peers.
- Stock appears overvalued with PB of 10.64, 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 100.8% above historical average
- Trading at premium to sector average PB of -1.69
Grindwell Norton P/B Ratio Historical Trend
GRINDWELL 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 GRINDWELL yearly price range for the annual high/low range and current price position.
GRINDWELL Historical P/B Ratio — Book Value Per Share & Year-End Price
Grindwell Norton 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 | 4.34 | ₹463.64 | ₹2011.60 | ₹2,550 | High |
| 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 |
GRINDWELL vs Industrial Products Peers — P/B Ratio Comparison
Grindwell Norton P/B 10.64 vs Industrial Products average -1.69, median -0.38 — range -11.74–0.36.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.74 | ₹25 | Low |
| Mahalaxmi Seamless | MAHALXSE | -8.79 | ₹5 | Low |
| Electrotherm | ELECTHERM | -8.7 | ₹1,362 | Low |
| TPINDIA | TPINDIA | -6.39 | ₹75 | Low |
| Aditya Ispat | ADITYA | -6.16 | ₹5 | Low |
| Mahip Industries | MAHIP | -4.67 | ₹38 | Low |
| Nova Iron & Steel | NOVIS | -4.49 | ₹45 | Low |
| Heera Ispat | HEERAISP | -4.31 | ₹4 | Low |
| Rollatainers | ROLLT | -3.16 | ₹53 | Low |
| Mukat Pipes | MUKATPIP | -2.97 | ₹20 | Low |