PI Industries P/B Ratio

PIIND • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.99
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.99
Current Price ₹2877.00
Book Value/Share ₹6771.33
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹10,157 Cr
Share Capital ₹15 Cr
Reserves & Surplus ₹10,142 Cr
Outstanding Shares 15,000,000
Book Value per Share ₹6771.33

Valuation Signal

Signal Overvalued
Historical Avg 0.71
Historical Range 0.48 - 0.85
Percentile 100.0%

Sector Context

Sector Average -18.01
Sector Median 0.39
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for PI Industries

  • Stock appears overvalued with PB of 3.99, 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 465.2% above historical average
  • Trading at premium to sector average PB of -18.01

P/B Ratio Historical Trend for PI Industries

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 0.48 ₹6771.33 ₹3238.20 ₹10,157 Low
2024 0.63 ₹5820.67 ₹3685.65 ₹8,731 Low
2023 0.73 ₹4799.33 ₹3515.90 ₹7,199 Low
2022 0.84 ₹4080.0 ₹3419.90 ₹6,120 Low
2021 0.85 ₹3561.33 ₹3034.20 ₹5,342 Low

Sector P/B Ratio Comparison

Comparing PI Industries with other companies in Chemicals sector
Sector Average
-18.01
Sector Median
0.39
Lowest P/B
-875.47
Highest P/B
0.62
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Organic Coatings ORGCOAT -875.47 ₹23 Low
Shentracon Chemicals SHENTRA -11.34 ₹27 Low
National Oxygen NOL -11.15 ₹31 Low
Vadivarhe Speciality Che… VSCL -7.51 ₹21 Low
Gayatri Bioorganics GAYATRIBI -3.04 ₹116 Low
Saptak Chem & Business SCBL -2.12 ₹5 Low
Venlon Enterprises VENLONENT -1.71 ₹36 Low
Tecil Chemicals & Hydro … TECILCHEM -1.2 ₹24 Low
Aadi Industries AADIIND -1.07 ₹8 Low
Hindustan Fluorocarbons HINFLUR -0.29 ₹33 Low