Indbank Merchant Banking P/B Ratio

Current P/B Ratio
1.49
Moderate Valuation
Moderate - Reasonably valued relative to book value

Indbank Merchant Banking (INDBANK) P/B ratio is 1.49 (Moderate), book value per share ₹22.50 vs Capital Markets average P/B of 2.65 — Moderate - Reasonably valued relative to book value. Review INDBANK PE ratio trends to evaluate earnings-based valuation against sector peers.

Current Valuation Metrics

P/B Ratio 1.49
Current Price ₹33.21
Book Value/Share ₹22.50
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹99 Cr
Share Capital ₹44 Cr
Reserves & Surplus ₹54 Cr
Outstanding Shares 44,000,000
Book Value per Share ₹22.50

Valuation Signal

Signal Fairly Valued
Historical Avg 1.96
Historical Range 1.48 - 2.45
Percentile 20.0%

Sector Context

Sector Average 2.65
Sector Median 1.89
Sector Rank #11 of 50
Sector Percentile 22.0%

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 1.49 (Moderate). View INDBANK 52-week performance for the annual high/low range and current price position.

  • Current PB is 24.1% below historical average
  • Trading at discount to sector average PB of 2.65

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 1.48 ₹22.5 ₹33.21 ₹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 1.49 vs Capital Markets average 2.65, median 1.89 — range 0.26–8.21.

Sector Average
2.65
Sector Median
1.89
Lowest P/B
0.26
Highest P/B
8.21
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Quest Capital Markets QUESTCAP 0.26 ₹266 Low
Interactive Financial IFINSER 0.28 ₹9 Low
Inventure Growth & Secur… INVENTURE 0.35 ₹95 Low
Wallfort Financial Servi… WALLFORT 0.48 ₹81 Low
Shardul Securities SHARDUL 0.65 ₹449 Low
Rikhav Securities RIKHAV 0.73 ₹180 Low
Joindre Capital Services JOINDRE 0.83 ₹75 Low
Steel City Securities STEELCITY 0.84 ₹114 Low
Almondz Global Securities ALMONDZ 0.86 ₹228 Low
Khandwala Securities KHANDSE 0.96 ₹27 Low