Indbank Merchant Banking P/B Ratio
Indbank Merchant Banking (INDBANK) P/B ratio is 1.52 (Moderate), book value per share ₹22.50 vs Capital Markets average P/B of 2.51 — Moderate - Reasonably valued relative to book value. Compare with Indbank Merchant Banking value estimation to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
INDBANK P/B Ratio — Valuation Insights & Book Value Analysis
Indbank Merchant Banking price-to-book ratio interpretation, valuation status and historical context — current P/B 1.52 (Moderate). View INDBANK 52-week performance for the annual high/low range and current price position.
- Current PB is 22.4% below historical average
- Trading at discount to sector average PB of 2.51
Indbank Merchant Banking P/B Ratio Historical Trend
INDBANK 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 Indbank Merchant Banking screener.
INDBANK Historical P/B Ratio — Book Value Per Share & Year-End Price
Indbank Merchant Banking 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 | 1.46 | ₹22.5 | ₹32.95 | ₹99 | Moderate |
| 2025 | 1.66 | ₹20.91 | ₹34.81 | ₹92 | Moderate |
| 2024 | 2.45 | ₹18.86 | ₹46.27 | ₹83 | Moderate |
| 2023 | 2.23 | ₹17.05 | ₹38.00 | ₹75 | Moderate |
| 2022 | 2.0 | ₹16.14 | ₹32.25 | ₹71 | Moderate |
INDBANK vs Capital Markets Peers — P/B Ratio Comparison
Indbank Merchant Banking P/B 1.52 vs Capital Markets average 2.51, median 1.92 — range 0.21–8.33.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Quest Capital Markets | QUESTCAP | 0.21 | ₹270 | Low |
| Interactive Financial | IFINSER | 0.31 | ₹10 | Low |
| Shardul Securities | SHARDUL | 0.34 | ₹238 | Low |
| Inventure Growth & Secur… | INVENTURE | 0.37 | ₹105 | Low |
| Wallfort Financial Servi… | WALLFORT | 0.41 | ₹69 | Low |
| Twentyfirst Century Mana… | 21STCENMGM | 0.73 | ₹34 | Low |
| Joindre Capital Services | JOINDRE | 0.81 | ₹67 | Low |
| Rikhav Securities | RIKHAV | 0.81 | ₹184 | Low |
| GCM Securities | GCMSECU | 0.83 | ₹12 | Low |
| Steel City Securities | STEELCITY | 0.86 | ₹118 | Low |