PI Industries P/B Ratio
PI Industries (PIIND) P/B ratio is 4.35 (High), book value per share ₹6771.33 vs Chemicals average P/B of -17.55 — Very High - Significant premium, high growth expectations or speculative. Compare with PIIND fair value estimate to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
PIIND P/B Ratio — Valuation Insights & Book Value Analysis
PI Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 4.35 (High). View PIIND 52-week high low for the annual high/low range and current price position.
- Stock appears overvalued with PB of 4.35, 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 516.1% above historical average
- Trading at premium to sector average PB of -17.55
PI Industries P/B Ratio Historical Trend
PIIND 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. For live price, earnings yield and the full fundamental profile, see PI Industries share price chart.
PIIND Historical P/B Ratio — Book Value Per Share & Year-End Price
PI Industries 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 |
|---|---|---|---|---|---|
| 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 |
PIIND vs Chemicals Peers — P/B Ratio Comparison
PI Industries P/B 4.35 vs Chemicals average -17.55, median 0.39 — range -681.72–0.69.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Organic Coatings | ORGCOAT | -681.72 | ₹19 | Low |
| Citurgia Biochemicals | CITURGIA | -136.13 | ₹1,365 | Low |
| Saptak Chem & Business | SCBL | -28.94 | ₹13 | Low |
| Shentracon Chemicals | SHENTRA | -15.49 | ₹36 | Low |
| National Oxygen | NOL | -14.12 | ₹38 | Low |
| Vadivarhe Speciality Che… | VSCL | -9.44 | ₹26 | Low |
| Gayatri Bioorganics | GAYATRIBI | -3.21 | ₹117 | Low |
| Aadi Industries | AADIIND | -1.47 | ₹11 | Low |
| Tecil Chemicals & Hydro … | TECILCHEM | -1.2 | ₹24 | Low |
| Venlon Enterprises | VENLONENT | -1.19 | ₹25 | Low |