Ion Exchange P/B Ratio

IONEXCHANG • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
4.18
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 4.18
Current Price ₹354.50
Book Value/Share ₹864.29
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹1,210 Cr
Share Capital ₹14 Cr
Reserves & Surplus ₹1,194 Cr
Outstanding Shares 14,000,000
Book Value per Share ₹864.29

Valuation Signal

Signal Overvalued
Historical Avg 0.69
Historical Range 0.44 - 0.94
Percentile 100.0%

Sector Context

Sector Average 3.23
Sector Median 3.25
Sector Rank #11 of 21
Sector Percentile 52.4%

Key P/B Ratio Insights for Ion Exchange

  • Stock appears overvalued with PB of 4.18, 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 505.8% above historical average
  • Trading at premium to sector average PB of 3.23

View the current stock price of Ion Exchange for more insights.

P/B Ratio Historical Trend for Ion Exchange

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.44 ₹864.29 ₹380.60 ₹1,210 Low
2024 0.9 ₹728.57 ₹657.20 ₹1,020 Low
2023 0.94 ₹597.14 ₹562.20 ₹836 Low
2022 0.59 ₹467.86 ₹276.15 ₹655 Low
2021 0.58 ₹361.43 ₹210.00 ₹506 Low

Sector P/B Ratio Comparison

Comparing Ion Exchange with other companies in Utilities sector
Sector Average
3.23
Sector Median
3.25
Lowest P/B
-1.28
Highest P/B
9.68
Companies
21
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
JITF Infralogistics JITFINFRA -1.28 ₹707 Low
VVIP Infratech VVIPIL 1.46 ₹294 Moderate
Organic Recycling Systems ORGANICREC 1.6 ₹198 Moderate
EP Biocomposites EPBIO 1.65 ₹18 Moderate
Concord Enviro Systems CEWATER 1.72 ₹910 Moderate
Antony Waste Handling Ce… AWHCL 2.08 ₹1,394 Moderate
EMS EMSLIMITED 2.21 ₹2,356 Moderate
GEM Enviro Management GEMENVIRO 2.31 ₹108 Moderate
Felix Industries FELIX 2.36 ₹340 Moderate
Enviro Infra Engineers EIEL 2.99 ₹3,321 Moderate