ICRA P/B Ratio
ICRA (ICRA) P/B ratio is 3.87 (High), book value per share ₹1185.00 vs Financial Services average P/B of -3.59 — High - Premium to book value, growth expectations or asset-light model. For live price, earnings yield and the full fundamental profile, see ICRA stock price BSE.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ICRA P/B Ratio — Valuation Insights & Book Value Analysis
ICRA price-to-book ratio interpretation, valuation status and historical context — current P/B 3.87 (High). Read ICRA dividend policy for the complete payout history and dividend yield track record.
- Stock appears overvalued with PB of 3.87, 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 29.6% below historical average
- Trading at premium to sector average PB of -3.59
ICRA P/B Ratio Historical Trend
ICRA 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 ICRA intrinsic value to estimate fundamental worth using multiple valuation models.
ICRA Historical P/B Ratio — Book Value Per Share & Year-End Price
ICRA 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 | 3.84 | ₹1185.0 | ₹4544.70 | ₹1,185 | High |
| 2025 | 5.74 | ₹1058.0 | ₹6075.50 | ₹1,058 | High |
| 2024 | 6.51 | ₹981.0 | ₹6385.95 | ₹981 | High |
| 2023 | 5.99 | ₹955.0 | ₹5719.75 | ₹955 | High |
| 2022 | 5.41 | ₹848.0 | ₹4585.90 | ₹848 | High |
ICRA vs Financial Services Peers — P/B Ratio Comparison
ICRA P/B 3.87 vs Financial Services average -3.59, median 0.0 — range -91.12–0.13.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mena Mani Industries | MENAMANI | -91.12 | ₹72 | Low |
| Blue Chip | BLUECHIP | -28.88 | ₹18 | Low |
| Manraj Housing Finance | MANRAJH | -21.51 | ₹17 | Low |
| Trustwave Securities | TRUSTWAVE | -13.82 | ₹15 | Low |
| Roselabs Finance | ROSELABS | -4.6 | ₹22 | Low |
| CMX Holdings | CMXLTD | -3.78 | ₹25 | Low |
| Gujarat Lease Financing | GLFL | -3.58 | ₹14 | Low |
| GACM Technologies DVR | GATECHDVR | -3.42 | ₹9 | Low |
| Reliance Home Finance | RHFL | -2.36 | ₹131 | Low |
| Kiduja India | KIDUJA | -2.18 | ₹47 | Low |