Harsha Engineers P/B Ratio
Harsha Engineers (HARSHA) P/B ratio is 2.91 (Moderate), book value per share ₹154.07 vs Industrial Products average P/B of -1.74 — High - Premium to book value, growth expectations or asset-light model. For live price, earnings yield and the full fundamental profile, see Harsha Engineers share price screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HARSHA P/B Ratio — Valuation Insights & Book Value Analysis
Harsha Engineers price-to-book ratio interpretation, valuation status and historical context — current P/B 2.91 (Moderate). Read HARSHA dividend history for the complete payout history and dividend yield track record.
- Current PB is 21.0% below historical average
- Trading at premium to sector average PB of -1.74
Harsha Engineers P/B Ratio Historical Trend
HARSHA 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. Explore Harsha Engineers intrinsic worth to estimate fundamental worth using multiple valuation models.
HARSHA Historical P/B Ratio — Book Value Per Share & Year-End Price
Harsha Engineers 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 | 2.86 | ₹154.07 | ₹440.45 | ₹1,402 | Moderate |
| 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 |
HARSHA vs Industrial Products Peers — P/B Ratio Comparison
Harsha Engineers P/B 2.91 vs Industrial Products average -1.74, median -0.36 — range -11.76–0.35.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.76 | ₹24 | Low |
| Mahalaxmi Seamless | MAHALXSE | -8.83 | ₹5 | Low |
| Rollatainers | ROLLT | -8.08 | ₹143 | Low |
| Electrotherm | ELECTHERM | -7.83 | ₹1,219 | Low |
| TPINDIA | TPINDIA | -6.89 | ₹81 | Low |
| Aditya Ispat | ADITYA | -5.73 | ₹4 | Low |
| Heera Ispat | HEERAISP | -5.1 | ₹4 | Low |
| Mahip Industries | MAHIP | -4.04 | ₹32 | Low |
| Promact Plastics | PROMACT | -3.11 | ₹8 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |