RITES P/B Ratio

RITES • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.46
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.46
Current Price ₹205.45
Book Value/Share ₹57.15
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹2,749 Cr
Share Capital ₹481 Cr
Reserves & Surplus ₹2,160 Cr
Outstanding Shares 481,000,000
Book Value per Share ₹57.15

Valuation Signal

Signal Overvalued
Historical Avg 2.38
Historical Range 1.28 - 4.25
Percentile 80.0%

Sector Context

Sector Average 0.19
Sector Median 0.49
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for RITES

  • Stock appears overvalued with PB of 3.46, 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 45.5% above historical average
  • Trading at premium to sector average PB of 0.19

P/B Ratio Historical Trend for RITES

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.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 4.25 ₹57.15 ₹242.81 ₹2,749 High
2024 2.57 ₹113.38 ₹291.65 ₹2,721 Moderate
2023 2.22 ₹113.29 ₹251.20 ₹2,719 Moderate
2022 1.57 ₹108.12 ₹169.60 ₹2,595 Moderate
2021 1.28 ₹103.33 ₹132.10 ₹2,480 Moderate

Sector P/B Ratio Comparison

Comparing RITES with other companies in Construction sector
Sector Average
0.19
Sector Median
0.49
Lowest P/B
-3.9
Highest P/B
0.74
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Hemadri Cements HEMACEM -3.9 ₹33 Low
Refex Renewables Infrast… REFEXRENEW -1.77 ₹123 Low
BGR Energy Systems BGRENERGY -0.99 ₹1,947 Low
Sadbhav Engineering SADBHAV -0.58 ₹138 Low
Triveni Glass TRIVENIGQ -0.55 ₹9 Low
Vardhman Concrete VARDHMAN -0.42 ₹5 Low
Panyam Cements & Mineral… PANCM -0.37 ₹91 Low
GVK Power & Infrastructu… GVKPIL -0.26 ₹387 Low
Jaiprakash Associates JPASSOCIAT -0.14 ₹1,031 Low
Sadbhav Infrastructure P… SADBHIN -0.14 ₹77 Low