Refex Industries P/B Ratio
REFEX • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.3
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
2.3
Current Price
₹214.91
Book Value/Share
₹466.15
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹1,212 Cr
Share Capital
₹26 Cr
Reserves & Surplus
₹1,033 Cr
Outstanding Shares
26,000,000
Book Value per Share
₹466.15
Valuation Signal
Signal
Fairly Valued
Historical Avg
0.92
Historical Range
0.41 - 2.38
Percentile
80.0%
Sector Context
Sector Average
0.82
Sector Median
1.19
Sector Rank
#8 of 9
Sector Percentile
88.9%
Key P/B Ratio Insights for Refex Industries
- Current PB is 149.5% above historical average
- Trading at premium to sector average PB of 0.82
View the current stock price of Refex Industries for more insights.
P/B Ratio Historical Trend for Refex Industries
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.
Related Pages for Refex Industries
Additional stock information and data for REFEX
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 0.56 | ₹466.15 | ₹259.90 | ₹1,212 | Low |
| 2024 | 2.38 | ₹202.17 | ₹480.80 | ₹465 | Moderate |
| 2023 | 0.84 | ₹142.73 | ₹120.30 | ₹314 | Low |
| 2021 | 0.42 | ₹66.67 | ₹28.30 | ₹140 | Low |
| 2020 | 0.41 | ₹47.5 | ₹19.65 | ₹76 | Low |
Sector P/B Ratio Comparison
Comparing Refex Industries with other companies in Energy sector
Sector Average
0.82
Sector Median
1.19
Lowest P/B
-4.2
Highest P/B
3.69
Companies
9
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Foundry Fuel Products | FFPL | -4.2 | ₹6 | Low |
| Kabra Commercial | KCL | 0.36 | ₹8 | Low |
| Indifra | INDIFRA | 0.55 | ₹10 | Low |
| Anmol | ANMOL | 0.58 | ₹68 | Low |
| Reetech International | REETECH | 1.19 | ₹14 | Moderate |
| GAIL | GAIL | 1.27 | ₹111,468 | Moderate |
| Gujarat State Petronet | GSPL | 1.44 | ₹17,194 | Moderate |
| Coal India | COALINDIA | 2.54 | ₹265,398 | Moderate |
| Sandur Manganese & Iron … | SANDUMA | 3.69 | ₹10,504 | High |