L&T Finance P/B Ratio
L&T Finance (LTF) P/B ratio is 2.42 (Moderate), book value per share ₹111.96 vs Financial Services average P/B of -3.85 — High - Premium to book value, growth expectations or asset-light model. Compare with LTF DCF valuation to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
LTF P/B Ratio — Valuation Insights & Book Value Analysis
L&T Finance price-to-book ratio interpretation, valuation status and historical context — current P/B 2.42 (Moderate). For live price, earnings yield and the full fundamental profile, see LTF screener.
- Current PB is 21.1% above historical average
- Trading at premium to sector average PB of -3.85
L&T Finance P/B Ratio Historical Trend
LTF 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. View LTF 52-week performance for the annual high/low range and current price position.
LTF Historical P/B Ratio — Book Value Per Share & Year-End Price
L&T Finance 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 | 2.52 | ₹111.96 | ₹281.70 | ₹28,034 | Moderate |
| 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 |
LTF vs Financial Services Peers — P/B Ratio Comparison
L&T Finance P/B 2.42 vs Financial Services average -3.85, median -0.03 — range -91.12–0.15.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mena Mani Industries | MENAMANI | -91.12 | ₹72 | Low |
| Manraj Housing Finance | MANRAJH | -29.76 | ₹21 | Low |
| Blue Chip | BLUECHIP | -28.88 | ₹18 | Low |
| Trustwave Securities | TRUSTWAVE | -13.82 | ₹15 | Low |
| Gujarat Lease Financing | GLFL | -4.71 | ₹17 | Low |
| CMX Holdings | CMXLTD | -4.6 | ₹26 | Low |
| Classic Leasing & Finance | CLFL | -4.13 | ₹15 | Low |
| Roselabs Finance | ROSELABS | -4.07 | ₹21 | Low |
| Manipal Finance | MNPLFIN | -2.49 | ₹19 | Low |
| Reliance Home Finance | RHFL | -2.36 | ₹131 | Low |