ICRA P/B Ratio
ICRA (ICRA) P/B ratio is 4.26 (High), book value per share ₹1185.00 vs Financial Services average P/B of -3.68 — Very High - Significant premium, high growth expectations or speculative. 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 4.26 (High). View ICRA 52-week for the annual high/low range and current price position.
- Stock appears overvalued with PB of 4.26, 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 23.1% below historical average
- Trading at premium to sector average PB of -3.68
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. Review ICRA P/E ratio to evaluate earnings-based valuation against sector peers.
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 | 4.05 | ₹1185.0 | ₹4804.00 | ₹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 4.26 vs Financial Services average -3.68, median -0.02 — range -91.12–0.12.
| 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 | -26.33 | ₹20 | Low |
| Trustwave Securities | TRUSTWAVE | -13.82 | ₹15 | Low |
| Roselabs Finance | ROSELABS | -4.32 | ₹22 | Low |
| CMX Holdings | CMXLTD | -4.16 | ₹26 | Low |
| Gujarat Lease Financing | GLFL | -3.47 | ₹14 | Low |
| GACM Technologies DVR | GATECHDVR | -3.06 | ₹8 | Low |
| Reliance Home Finance | RHFL | -2.36 | ₹131 | Low |
| Manipal Finance | MNPLFIN | -1.91 | ₹14 | Low |