Power & Instrumentation P/B Ratio
Power & Instrumentation (PIGL) P/B ratio is 1.54 (Moderate), book value per share ₹72.86 vs Capital Goods average P/B of -0.61 — Moderate - Reasonably valued relative to book value. For live price, earnings yield and the full fundamental profile, see Power & Instrumentation share price screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
PIGL P/B Ratio — Valuation Insights & Book Value Analysis
Power & Instrumentation price-to-book ratio interpretation, valuation status and historical context — current P/B 1.54 (Moderate). View PIGL 52-week performance for the annual high/low range and current price position.
- Current PB is 54.2% below historical average
- Trading at premium to sector average PB of -0.61
Power & Instrumentation P/B Ratio Historical Trend
PIGL annual price-to-book ratio — 4 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Review PIGL P/E ratio to evaluate earnings-based valuation against sector peers.
PIGL Historical P/B Ratio — Book Value Per Share & Year-End Price
Power & Instrumentation 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 | 1.45 | ₹72.86 | ₹105.29 | ₹153 | Moderate |
| 2025 | 2.05 | ₹61.67 | ₹126.25 | ₹111 | Moderate |
| 2024 | 8.45 | ₹39.23 | ₹331.35 | ₹51 | High |
| 2023 | 1.51 | ₹34.62 | ₹52.15 | ₹45 | Moderate |
PIGL vs Capital Goods Peers — P/B Ratio Comparison
Power & Instrumentation P/B 1.54 vs Capital Goods average -0.61, median 0.54 — range -17.91–1.1.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Tarapur Transformers | TARAPUR | -17.91 | ₹35 | Low |
| Lexoraa Industries | LEXORAA | -8.21 | ₹7 | Low |
| Incon Engineers | INCON | -6.7 | ₹14 | Low |
| Jyoti | JYOTI | -5.22 | ₹129 | Low |
| Switching Technologies G… | SWITCHTE | -5.01 | ₹30 | Low |
| Miven Machine Tools | MIVENMACH | -4.0 | ₹24 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.93 | ₹19 | Low |
| HMT | HMT | -1.11 | ₹2,828 | Low |
| Benara Bearings | BENARA | -0.72 | ₹19 | Low |