Refex Industries P/B Ratio
Refex Industries (REFEX) P/B ratio is 2.59 (Moderate), book value per share ₹466.15 vs Energy average P/B of 0.73 — High - Premium to book value, growth expectations or asset-light model. View REFEX 52-week high low for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
REFEX P/B Ratio — Valuation Insights & Book Value Analysis
Refex Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 2.59 (Moderate). Compare with REFEX DCF valuation to assess whether the stock is under or overvalued.
- Current PB is 180.9% above historical average
- Trading at premium to sector average PB of 0.73
Refex Industries P/B Ratio Historical Trend
REFEX 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 Refex Industries stock price NSE.
REFEX Historical P/B Ratio — Book Value Per Share & Year-End Price
Refex 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 | 0.56 | ₹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 |
REFEX vs Energy Peers — P/B Ratio Comparison
Refex Industries P/B 2.59 vs Energy average 0.73, median 1.12 — range -4.2–3.02.
| 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 | 0.48 | ₹9 | Low |
| Anmol | ANMOL | 0.6 | ₹70 | Low |
| Reetech International | REETECH | 1.12 | ₹13 | Moderate |
| GAIL | GAIL | 1.24 | ₹108,976 | Moderate |
| Gujarat State Petronet | GSPL | 1.33 | ₹16,007 | Moderate |
| Coal India | COALINDIA | 2.65 | ₹287,799 | Moderate |
| Sandur Manganese & Iron … | SANDUMA | 3.02 | ₹9,007 | High |