Race Eco Chain P/B Ratio

RACE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.8
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 2.8
Current Price ₹113.63
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 0.0%

Sector Context

Sector Average 2.77
Sector Median 2.44
Sector Rank #11 of 21
Sector Percentile 52.4%

Key P/B Ratio Insights for Race Eco Chain

  • Current PB is 85.8% 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
2.77
Sector Median
2.44
Lowest P/B
-1.69
Highest P/B
7.49
Companies
21
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
JITF Infralogistics JITFINFRA -1.69 ₹869 Low
Concord Enviro Systems CEWATER 1.17 ₹620 Moderate
VVIP Infratech VVIPIL 1.36 ₹272 Moderate
EMS EMSLIMITED 1.38 ₹1,455 Moderate
EP Biocomposites EPBIO 1.43 ₹16 Moderate
Organic Recycling Systems ORGANICREC 1.66 ₹206 Moderate
Antony Waste Handling Ce… AWHCL 1.87 ₹1,342 Moderate
GEM Enviro Management GEMENVIRO 1.95 ₹97 Moderate
Felix Industries FELIX 2.25 ₹332 Moderate
Greenleaf Envirotech GREENLEAF 2.31 ₹67 Moderate