Race Eco Chain P/B Ratio

RACE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.29
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.29
Current Price ₹130.39
Book Value/Share ₹45.88
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹78 Cr
Share Capital ₹17 Cr
Reserves & Surplus ₹37 Cr
Outstanding Shares 17,000,000
Book Value per Share ₹45.88

Valuation Signal

Signal Overvalued
Historical Avg 19.77
Historical Range 3.08 - 28.55
Percentile 33.3%

Sector Context

Sector Average 3.27
Sector Median 3.25
Sector Rank #11 of 21
Sector Percentile 52.4%

Key P/B Ratio Insights for Race Eco Chain

  • Stock appears overvalued with PB of 3.29, 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 83.4% below historical average

View the current stock price of Race Eco Chain for more insights.

P/B Ratio Historical Trend for Race Eco Chain

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 3.08 ₹45.88 ₹141.25 ₹78 High
2024 27.69 ₹13.75 ₹380.80 ₹22 High
2023 28.55 ₹13.12 ₹374.70 ₹21 High

Sector P/B Ratio Comparison

Comparing Race Eco Chain with other companies in Utilities sector
Sector Average
3.27
Sector Median
3.25
Lowest P/B
-1.28
Highest P/B
9.68
Companies
21
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
JITF Infralogistics JITFINFRA -1.28 ₹707 Low
VVIP Infratech VVIPIL 1.46 ₹294 Moderate
Organic Recycling Systems ORGANICREC 1.6 ₹198 Moderate
EP Biocomposites EPBIO 1.65 ₹18 Moderate
Concord Enviro Systems CEWATER 1.72 ₹910 Moderate
Antony Waste Handling Ce… AWHCL 2.08 ₹1,394 Moderate
EMS EMSLIMITED 2.21 ₹2,356 Moderate
GEM Enviro Management GEMENVIRO 2.31 ₹108 Moderate
Felix Industries FELIX 2.36 ₹340 Moderate
Enviro Infra Engineers EIEL 2.99 ₹3,321 Moderate