HEG P/B Ratio
HEG (HEG) P/B ratio is 2.79 (Moderate), book value per share ₹1220.00 vs Industrial Products average P/B of -1.73 — High - Premium to book value, growth expectations or asset-light model. View HEG 52-week high low for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HEG P/B Ratio — Valuation Insights & Book Value Analysis
HEG price-to-book ratio interpretation, valuation status and historical context — current P/B 2.79 (Moderate). Review HEG P/E comparison to evaluate earnings-based valuation against sector peers.
- Current PB is 542.9% above historical average
- Trading at premium to sector average PB of -1.73
HEG P/B Ratio Historical Trend
HEG 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. For live price, earnings yield and the full fundamental profile, see HEG share price.
HEG Historical P/B Ratio — Book Value Per Share & Year-End Price
HEG 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 | 0.61 | ₹1220.0 | ₹739.25 | ₹4,758 | Low |
| 2025 | 0.55 | ₹1142.05 | ₹623.85 | ₹4,454 | Low |
| 2024 | 0.45 | ₹1134.87 | ₹510.20 | ₹4,426 | Low |
| 2023 | 0.35 | ₹1097.69 | ₹381.65 | ₹4,281 | Low |
| 2022 | 0.21 | ₹1003.59 | ₹206.05 | ₹3,914 | Low |
HEG vs Industrial Products Peers — P/B Ratio Comparison
HEG P/B 2.79 vs Industrial Products average -1.73, median -0.39 — range -11.11–0.32.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.11 | ₹24 | Low |
| Mahalaxmi Seamless | MAHALXSE | -10.98 | ₹6 | Low |
| Electrotherm | ELECTHERM | -8.32 | ₹1,255 | Low |
| TPINDIA | TPINDIA | -6.41 | ₹75 | Low |
| Aditya Ispat | ADITYA | -6.15 | ₹5 | Low |
| Rollatainers | ROLLT | -4.71 | ₹76 | Low |
| Nova Iron & Steel | NOVIS | -4.34 | ₹43 | Low |
| Mahip Industries | MAHIP | -4.26 | ₹35 | Low |
| Heera Ispat | HEERAISP | -4.04 | ₹4 | Low |
| Mukat Pipes | MUKATPIP | -2.91 | ₹20 | Low |