Power & Instrumentation P/B Ratio
Power & Instrumentation (PIGL) P/B ratio is 1.44 (Moderate), book value per share ₹72.86 vs Capital Goods average P/B of -1.44 — Moderate - Reasonably valued relative to book value. Explore PIGL Benjamin Graham valuation to estimate fundamental worth using multiple valuation models.
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 1.44 (Moderate). Read PIGL dividend payout details for the complete payout history and dividend yield track record.
- Current PB is 57.0% below historical average
- Trading at premium to sector average PB of -1.44
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. For live price, earnings yield and the full fundamental profile, see Power & Instrumentation share price screener.
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 | 1.37 | ₹72.86 | ₹99.49 | ₹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 1.44 vs Capital Goods average -1.44, median 0.46 — range -42.81–1.04.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| John Cockerill | COCKERILL | -42.81 | ₹3,890 | Low |
| Tarapur Transformers | TARAPUR | -13.27 | ₹25 | Low |
| Artson | ARTSON | -8.32 | ₹609 | Low |
| Incon Engineers | INCON | -5.65 | ₹12 | Low |
| Jyoti | JYOTI | -5.59 | ₹137 | Low |
| Switching Technologies G… | SWITCHTE | -5.07 | ₹31 | Low |
| Miven Machine Tools | MIVENMACH | -3.35 | ₹22 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.94 | ₹18 | Low |
| HMT | HMT | -1.07 | ₹2,895 | Low |