Praj Industries P/B Ratio
Praj Industries (PRAJIND) P/B ratio is 5.26 (High), book value per share ₹373.51 vs Capital Goods average P/B of -3.2 — Very High - Significant premium, high growth expectations or speculative. View PRAJIND price range for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
PRAJIND P/B Ratio — Valuation Insights & Book Value Analysis
Praj Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 5.26 (High). Compare with Praj Industries valuation methods to assess whether the stock is under or overvalued.
- Stock appears overvalued with PB of 5.26, 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 223.5% above historical average
- Trading at premium to sector average PB of -3.2
Praj Industries P/B Ratio Historical Trend
PRAJIND 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 Praj Industries stock price NSE.
PRAJIND Historical P/B Ratio — Book Value Per Share & Year-End Price
Praj 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 | 0.86 | ₹373.51 | ₹322.60 | ₹1,382 | Low |
| 2024 | 2.38 | ₹344.59 | ₹821.15 | ₹1,275 | Moderate |
| 2023 | 1.91 | ₹291.35 | ₹556.00 | ₹1,078 | Moderate |
| 2022 | 1.44 | ₹247.57 | ₹356.15 | ₹916 | Moderate |
| 2021 | 1.54 | ₹217.03 | ₹334.95 | ₹803 | Moderate |
PRAJIND vs Capital Goods Peers — P/B Ratio Comparison
Praj Industries P/B 5.26 vs Capital Goods average -3.2, median 0.64 — range -158.77–1.19.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| SPEL Semiconductor | SPELS | -158.77 | ₹677 | Low |
| Lexoraa Industries | LEXORAA | -5.45 | ₹7 | Low |
| Jyoti | JYOTI | -4.85 | ₹152 | Low |
| Miven Machine Tools | MIVENMACH | -4.31 | ₹26 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Incon Engineers | INCON | -2.7 | ₹5 | Low |
| Thakral Services | THAKRAL | -2.11 | ₹20 | Low |
| Benara Bearings | BENARA | -1.91 | ₹19 | Low |
| Switching Technologies G… | SWITCHTE | -1.2 | ₹21 | Low |
| HMT | HMT | -1.05 | ₹2,677 | Low |