IRCTC P/B Ratio
IRCTC (IRCTC) P/B ratio is 9.58 (High), book value per share ₹269.31 vs Leisure Services average P/B of -0.06 — Very High - Significant premium, high growth expectations or speculative. Compare with IRCTC DCF valuation to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
IRCTC P/B Ratio — Valuation Insights & Book Value Analysis
IRCTC price-to-book ratio interpretation, valuation status and historical context — current P/B 9.58 (High). View IRCTC 52-week performance for the annual high/low range and current price position.
- Stock appears overvalued with PB of 9.58, 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 163.5% above historical average
- Trading at premium to sector average PB of -0.06
IRCTC P/B Ratio Historical Trend
IRCTC annual price-to-book ratio — 4 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 IRCTC share price screener.
IRCTC Historical P/B Ratio — Book Value Per Share & Year-End Price
IRCTC 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 | 1.92 | ₹269.31 | ₹517.85 | ₹4,309 | Moderate |
| 2025 | 2.99 | ₹228.94 | ₹684.60 | ₹3,663 | Moderate |
| 2024 | 3.9 | ₹201.88 | ₹786.90 | ₹3,230 | High |
| 2023 | 5.73 | ₹154.88 | ₹887.50 | ₹2,478 | High |
IRCTC vs Leisure Services Peers — P/B Ratio Comparison
IRCTC P/B 9.58 vs Leisure Services average -0.06, median 0.87 — range -19.92–1.87.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Trade Wings | TRADWIN | -19.92 | ₹191 | Low |
| Mahindra Holidays | MHRIL | -15.27 | ₹4,251 | Low |
| Blue Coast Hotels | BLUECOAST | -3.08 | ₹51 | Low |
| Kaya | KAYA | -2.38 | ₹373 | Low |
| Emerald Leisures | EMERALL | -2.33 | ₹255 | Low |
| Sri Havisha Hospital | HAVISHA | -1.83 | ₹22 | Low |
| Velan Hotels | VELHO | -0.89 | ₹20 | Low |
| Aruna Hotels | ARUNAHTEL | -0.46 | ₹27 | Low |
| TGB Banquets & Hotels | TGBHOTELS | 0.26 | ₹26 | Low |
| Coffee Day Enterprises | COFFEEDAY | 0.28 | ₹734 | Low |