L&T Finance P/B Ratio
LTF • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.03
High Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
3.03
Current Price
₹319.35
Book Value/Share
₹102.73
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹25,631 Cr
Share Capital
₹2,495 Cr
Reserves & Surplus
₹23,069 Cr
Outstanding Shares
2,495,000,000
Book Value per Share
₹102.73
Valuation Signal
Signal
Overvalued
Historical Avg
1.7
Historical Range
1.01 - 3.08
Percentile
80.0%
Sector Context
Sector Average
-12.05
Sector Median
0.0
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for L&T Finance
- Stock appears overvalued with PB of 3.03, 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 78.7% above historical average
- Trading at premium to sector average PB of -12.05
View the current stock price of L&T Finance for more insights.
P/B Ratio Historical Trend for L&T Finance
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.
Related Pages for L&T Finance
Additional stock information and data for LTF
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 3.08 | ₹102.73 | ₹315.95 | ₹25,631 | High |
| 2024 | 1.43 | ₹94.53 | ₹135.63 | ₹23,528 | Moderate |
| 2023 | 1.89 | ₹87.17 | ₹165.05 | ₹21,618 | Moderate |
| 2022 | 1.07 | ₹81.36 | ₹87.25 | ₹20,128 | Moderate |
| 2021 | 1.01 | ₹76.83 | ₹77.70 | ₹18,970 | Moderate |
Sector P/B Ratio Comparison
Comparing L&T Finance with other companies in Financial Services sector
Sector Average
-12.05
Sector Median
0.0
Lowest P/B
-402.41
Highest P/B
0.14
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| BEML Land Assets | BLAL | -402.41 | ₹857 | Low |
| Mena Mani Industries | MENAMANI | -91.12 | ₹72 | Low |
| Manraj Housing Finance | MANRAJH | -36.55 | ₹24 | Low |
| Blue Chip | BLUECHIP | -28.88 | ₹18 | Low |
| Trustwave Securities | TRUSTWAVE | -10.53 | ₹10 | Low |
| CMX Holdings | CMXLTD | -10.49 | ₹65 | Low |
| Gujarat Lease Financing | GLFL | -5.51 | ₹17 | Low |
| Roselabs Finance | ROSELABS | -4.53 | ₹22 | Low |
| Classic Leasing & Finance | CLFL | -3.33 | ₹13 | Low |
| Reliance Home Finance | RHFL | -2.64 | ₹136 | Low |