Reliance Industries P/B Ratio
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
Book Value Breakdown (2026)
Valuation Signal
Sector Context
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.
| 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 |