Mazagon Dock Shipbuilders P/B Ratio

MAZDOCK • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
11.39
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 11.39
Current Price ₹2511.40
Book Value/Share ₹393.07
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹7,940 Cr
Share Capital ₹202 Cr
Reserves & Surplus ₹7,738 Cr
Outstanding Shares 202,000,000
Book Value per Share ₹393.07

Valuation Signal

Signal Overvalued
Historical Avg 4.26
Historical Range 0.82 - 7.21
Percentile 100.0%

Sector Context

Sector Average 9.02
Sector Median 8.14
Sector Rank #11 of 24
Sector Percentile 45.8%

Key P/B Ratio Insights for Mazagon Dock Shipbuilders

  • Stock appears overvalued with PB of 11.39, 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 167.5% above historical average
  • Trading at premium to sector average PB of 9.02

View the current stock price of Mazagon Dock Shipbuilders for more insights.

P/B Ratio Historical Trend for Mazagon Dock Shipbuilders

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.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 6.34 ₹393.07 ₹2490.20 ₹7,940 High
2024 7.21 ₹309.11 ₹2227.80 ₹6,244 High
2023 4.84 ₹235.64 ₹1140.45 ₹4,760 High
2022 2.08 ₹190.99 ₹396.60 ₹3,858 Moderate
2021 0.82 ₹169.9 ₹139.40 ₹3,432 Low

Sector P/B Ratio Comparison

Comparing Mazagon Dock Shipbuilders with other companies in Aerospace & Defense sector
Sector Average
9.02
Sector Median
8.14
Lowest P/B
0.62
Highest P/B
22.52
Companies
24
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Rossell ROSSELLIND 0.62 ₹317 Low
DCX Systems DCXINDIA 1.48 ₹2,124 Moderate
Ideaforge Technology IDEAFORGE 3.58 ₹2,007 High
Mishra Dhatu Nigam MIDHANI 4.5 ₹6,630 High
Taneja Aerospace & Aviat… TANAA 4.93 ₹738 High
CFF Fluid Control CFF 5.27 ₹1,232 High
Jaykay Enterprises JAYKAY 5.28 ₹2,525 High
Unimech Aerospace and Ma… UNIMECH 6.54 ₹4,645 High
Zen Technologies ZENTEC 6.78 ₹11,918 High
NIBE NIBE 7.75 ₹1,794 High