Indbank Merchant Banking P/B Ratio
Indbank Merchant Banking (INDBANK) P/B ratio is 1.15 (Moderate), book value per share ₹22.50 vs Capital Markets average P/B of 2.48 — Moderate - Reasonably valued relative to book value. For live price, earnings yield and the full fundamental profile, see Indbank Merchant Banking screener.
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 1.15 (Moderate). Read INDBANK dividend payout details for the complete payout history and dividend yield track record.
- Current PB is 39.3% below historical average
- Trading at discount to sector average PB of 2.48
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. Explore INDBANK fundamental worth to estimate fundamental worth using multiple valuation models.
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 | 1.14 | ₹22.5 | ₹25.56 | ₹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 1.15 vs Capital Markets average 2.48, median 1.91 — range 0.24–7.81.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Quest Capital Markets | QUESTCAP | 0.24 | ₹246 | Low |
| Interactive Financial | IFINSER | 0.27 | ₹9 | Low |
| Inventure Growth & Secur… | INVENTURE | 0.35 | ₹97 | Low |
| Wallfort Financial Servi… | WALLFORT | 0.5 | ₹77 | Low |
| Shardul Securities | SHARDUL | 0.73 | ₹485 | Low |
| Rikhav Securities | RIKHAV | 0.73 | ₹182 | Low |
| Joindre Capital Services | JOINDRE | 0.74 | ₹68 | Low |
| Khandwala Securities | KHANDSE | 0.93 | ₹26 | Low |
| Steel City Securities | STEELCITY | 0.94 | ₹129 | Low |
| Dolat Algotech | DOLATALGO | 1.06 | ₹1,187 | Moderate |