Reliance Industries P/B Ratio

Current P/B Ratio
1.97
Moderate Valuation
Moderate - Reasonably valued relative to book value

Reliance Industries (RELIANCE) P/B ratio is 1.97 (Moderate), book value per share ₹802.44 vs Petroleum Products average P/B of 2.37 — Moderate - Reasonably valued relative to book value.

Current Valuation Metrics

P/B Ratio 1.97
Current Price ₹1316.00
Book Value/Share ₹802.44
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹1,085,866 Cr
Share Capital ₹13,532 Cr
Reserves & Surplus ₹890,498 Cr
Outstanding Shares 13,532,000,000
Book Value per Share ₹802.44

Valuation Signal

Signal Fairly Valued
Historical Avg 1.32
Historical Range 0.89 - 2.1
Percentile 80.0%

Sector Context

Sector Average 2.37
Sector Median 1.79
Sector Rank #11 of 21
Sector Percentile 52.4%

RELIANCE P/B Ratio — Valuation Insights & Book Value Analysis

Reliance Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 1.97 (Moderate). Also explore RELIANCE share price charts to track price trends across different timeframes.

  • Current PB is 49.0% above historical average
  • Trading at discount to sector average PB of 2.37

Reliance Industries P/B Ratio Historical Trend

RELIANCE 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 Reliance Industries share price chart.

RELIANCE Historical P/B Ratio — Book Value Per Share & Year-End Price

Reliance 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
2026 1.64 ₹802.44 ₹1316.00 ₹1,085,866 Moderate
2025 2.1 ₹746.1 ₹1570.40 ₹1,009,626 Moderate
2024 0.89 ₹1368.29 ₹1215.45 ₹925,788 Low
2023 1.06 ₹1225.07 ₹1292.50 ₹828,881 Moderate
2022 0.92 ₹1314.09 ₹1214.00 ₹888,984 Low

RELIANCE vs Petroleum Products Peers — P/B Ratio Comparison

Reliance Industries P/B 1.97 vs Petroleum Products average 2.37, median 1.79 — range 0.09–9.77.

Sector Average
2.37
Sector Median
1.79
Lowest P/B
0.09
Highest P/B
9.77
Companies
21
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Omnipotent Industries OMNIPOTENT 0.09 ₹2 Low
Greenhitech Ventures GVL 0.51 ₹52 Low
Continental Petroleums CONTPTR 0.84 ₹71 Low
Sundrex Oil Company SOCL 0.84 ₹38 Low
GP Petroleums GULFPETRO 0.88 ₹314 Low
Indian Oil Corporation IOC 0.9 ₹196,469 Low
Hindustan Petroleum HINDPETRO 1.18 ₹77,293 Moderate
Bharat Petroleum BPCL 1.34 ₹134,928 Moderate
Arabian Petroleum ARABIAN 1.35 ₹94 Moderate
ResGen RESGEN 1.48 ₹100 Moderate