Mahindra & Mahindra P/B Ratio
M&M • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
5.68
High Valuation
Very High - Significant premium, high growth expectations or speculative
Current Valuation Metrics
P/B Ratio
5.68
Current Price
₹3748.80
Book Value/Share
₹1596.74
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹89,098 Cr
Share Capital
₹558 Cr
Reserves & Surplus
₹76,481 Cr
Outstanding Shares
558,000,000
Book Value per Share
₹1596.74
Valuation Signal
Signal
Overvalued
Historical Avg
1.61
Historical Range
0.92 - 2.32
Percentile
100.0%
Sector Context
Sector Average
0.84
Sector Median
0.97
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for Mahindra & Mahindra
- Stock appears overvalued with PB of 5.68, 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 252.4% above historical average
- Trading at premium to sector average PB of 0.84
View the current stock price of Mahindra & Mahindra for more insights.
P/B Ratio Historical Trend for Mahindra & Mahindra
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 Mahindra & Mahindra
Additional stock information and data for M&M
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 2.32 | ₹1596.74 | ₹3709.20 | ₹89,098 | Moderate |
| 2024 | 2.16 | ₹1391.54 | ₹3007.10 | ₹77,509 | Moderate |
| 2023 | 1.44 | ₹1204.34 | ₹1729.40 | ₹67,082 | Moderate |
| 2022 | 1.22 | ₹1022.03 | ₹1249.20 | ₹56,825 | Moderate |
| 2021 | 0.92 | ₹912.65 | ₹837.15 | ₹50,652 | Low |
Sector P/B Ratio Comparison
Comparing Mahindra & Mahindra with other companies in Automobiles sector
Sector Average
0.84
Sector Median
0.97
Lowest P/B
-3.96
Highest P/B
1.8
Companies
50
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|---|---|---|---|---|
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