Incredible Industries P/B Ratio
Incredible Industries (INCREDIBLE) P/B ratio is 1.1 (Moderate), book value per share ₹30.85 vs Industrial Products average P/B of -1.91 — Moderate - Reasonably valued relative to book value. Compare with INCREDIBLE fair value to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
INCREDIBLE P/B Ratio — Valuation Insights & Book Value Analysis
Incredible Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 1.1 (Moderate). View INCREDIBLE 52-week performance for the annual high/low range and current price position.
- Trading at premium to sector average PB of -1.91
Incredible Industries P/B Ratio Historical Trend
INCREDIBLE 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 INCREDIBLE stock price BSE.
INCREDIBLE Historical P/B Ratio — Book Value Per Share & Year-End Price
Incredible Industries 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 |
|---|---|---|---|---|---|
| 2025 | 1.32 | ₹30.85 | ₹40.66 | ₹145 | Moderate |
| 2024 | 1.62 | ₹28.3 | ₹45.89 | ₹133 | Moderate |
| 2023 | 1.21 | ₹27.02 | ₹32.77 | ₹127 | Moderate |
| 2022 | 0.85 | ₹25.96 | ₹22.15 | ₹122 | Low |
| 2021 | 1.05 | ₹25.11 | ₹26.40 | ₹118 | Moderate |
INCREDIBLE vs Industrial Products Peers — P/B Ratio Comparison
Incredible Industries P/B 1.1 vs Industrial Products average -1.91, median -0.32 — range -13.96–0.39.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -13.96 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.32 | ₹144 | Low |
| Cochin Malabar Estates | COCHMAL | -11.49 | ₹24 | Low |
| TPINDIA | TPINDIA | -8.28 | ₹92 | Low |
| Electrotherm | ELECTHERM | -6.41 | ₹966 | Low |
| Heera Ispat | HEERAISP | -5.94 | ₹5 | Low |
| Mahip Industries | MAHIP | -5.46 | ₹45 | Low |
| Nova Iron & Steel | NOVIS | -4.44 | ₹45 | Low |
| Mukat Pipes | MUKATPIP | -3.45 | ₹25 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |