IRCTC P/B Ratio
IRCTC (IRCTC) P/B ratio is 9.28 (High), book value per share ₹269.31 vs Leisure Services average P/B of -0.52 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see IRCTC share price screener.
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 9.28 (High). Review IRCTC earnings valuation to evaluate earnings-based valuation against sector peers.
- Stock appears overvalued with PB of 9.28, 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 156.9% above historical average
- Trading at premium to sector average PB of -0.52
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. View IRCTC 52-week performance for the annual high/low range and current price position.
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 | 1.83 | ₹269.31 | ₹493.05 | ₹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 9.28 vs Leisure Services average -0.52, median 0.72 — range -20.04–1.83.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Trade Wings | TRADWIN | -20.04 | ₹189 | Low |
| Mahindra Holidays | MHRIL | -16.35 | ₹4,544 | Low |
| Winny Immigration & Educ… | WINNY | -16.2 | ₹7 | Low |
| Emerald Leisures | EMERALL | -3.43 | ₹368 | Low |
| Kaya | KAYA | -3.32 | ₹503 | Low |
| Blue Coast Hotels | BLUECOAST | -2.59 | ₹47 | Low |
| Sri Havisha Hospital | HAVISHA | -1.62 | ₹22 | Low |
| Velan Hotels | VELHO | -1.06 | ₹22 | Low |
| CHL | CHLLTD | -1.01 | ₹151 | Low |
| Aruna Hotels | ARUNAHTEL | -0.45 | ₹24 | Low |