Harsha Engineers P/B Ratio
HARSHA • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.75
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
2.75
Current Price
₹380.05
Book Value/Share
₹137.80
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹1,254 Cr
Share Capital
₹91 Cr
Reserves & Surplus
₹1,163 Cr
Outstanding Shares
91,000,000
Book Value per Share
₹137.80
Valuation Signal
Signal
Overvalued
Historical Avg
3.89
Historical Range
2.73 - 5.64
Percentile
25.0%
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 Harsha Engineers
- Current PB is 29.3% below historical average
- Trading at premium to sector average PB of -1.93
View the current stock price of Harsha Engineers for more insights.
P/B Ratio Historical Trend for Harsha Engineers
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 Harsha Engineers
Additional stock information and data for HARSHA
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 2.73 | ₹137.8 | ₹375.60 | ₹1,254 | Moderate |
| 2024 | 3.85 | ₹129.12 | ₹497.50 | ₹1,175 | High |
| 2023 | 3.34 | ₹117.8 | ₹393.10 | ₹1,072 | High |
| 2022 | 5.64 | ₹67.79 | ₹382.40 | ₹522 | High |
Sector P/B Ratio Comparison
Comparing Harsha Engineers 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 |