Swan Defence & Heavy Industries P/B Ratio
Swan Defence & Heavy Industries (SWANDEF) P/B ratio is 184.47 (High), book value per share ₹13.21 vs Capital Goods average P/B of -1.26 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see SWANDEF share price screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
SWANDEF P/B Ratio — Valuation Insights & Book Value Analysis
Swan Defence & Heavy Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 184.47 (High). View SWANDEF 52-week high low for the annual high/low range and current price position.
- Stock appears overvalued with PB of 184.47, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 79.4% above historical average
- Trading at premium to sector average PB of -1.26
Swan Defence & Heavy Industries P/B Ratio Historical Trend
SWANDEF annual price-to-book ratio — 2 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Review SWANDEF price earnings ratio to evaluate earnings-based valuation against sector peers.
SWANDEF Historical P/B Ratio — Book Value Per Share & Year-End Price
Swan Defence & Heavy 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 | 179.56 | ₹13.21 | ₹2371.50 | ₹70 | High |
| 2025 | 26.11 | ₹55.85 | ₹1458.15 | ₹296 | High |
SWANDEF vs Capital Goods Peers — P/B Ratio Comparison
Swan Defence & Heavy Industries P/B 184.47 vs Capital Goods average -1.26, median 0.5 — range -43.46–1.1.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| John Cockerill | COCKERILL | -43.46 | ₹3,955 | Low |
| Tarapur Transformers | TARAPUR | -15.02 | ₹28 | Low |
| Incon Engineers | INCON | -5.26 | ₹12 | Low |
| Switching Technologies G… | SWITCHTE | -4.79 | ₹28 | Low |
| Jyoti | JYOTI | -4.73 | ₹120 | Low |
| Miven Machine Tools | MIVENMACH | -4.36 | ₹26 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.59 | ₹14 | Low |
| HMT | HMT | -1.01 | ₹2,765 | Low |
| TRF | TRF | -0.76 | ₹254 | Low |