Shanthi Gears P/B Ratio
Shanthi Gears (SHANTIGEAR) P/B ratio is 12.64 (High), book value per share ₹550.00 vs Capital Goods average P/B of -1.41 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Shanthi Gears share price screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
SHANTIGEAR P/B Ratio — Valuation Insights & Book Value Analysis
Shanthi Gears price-to-book ratio interpretation, valuation status and historical context — current P/B 12.64 (High). Read Shanthi Gears dividend payments for the complete payout history and dividend yield track record.
- Stock appears overvalued with PB of 12.64, 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 948.1% above historical average
- Trading at premium to sector average PB of -1.41
Shanthi Gears P/B Ratio Historical Trend
SHANTIGEAR 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. Explore SHANTIGEAR intrinsic value to estimate fundamental worth using multiple valuation models.
SHANTIGEAR Historical P/B Ratio — Book Value Per Share & Year-End Price
Shanthi Gears 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 | 1.27 | ₹550.0 | ₹700.05 | ₹440 | Moderate |
| 2025 | 0.93 | ₹503.75 | ₹470.55 | ₹403 | Low |
| 2024 | 1.18 | ₹431.25 | ₹507.00 | ₹345 | Moderate |
| 2023 | 1.59 | ₹377.5 | ₹600.50 | ₹302 | Moderate |
| 2022 | 1.06 | ₹325.0 | ₹345.30 | ₹260 | Moderate |
SHANTIGEAR vs Capital Goods Peers — P/B Ratio Comparison
Shanthi Gears P/B 12.64 vs Capital Goods average -1.41, median 0.46 — range -41.41–1.04.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| John Cockerill | COCKERILL | -41.41 | ₹4,031 | Low |
| Tarapur Transformers | TARAPUR | -13.27 | ₹25 | Low |
| Artson | ARTSON | -8.32 | ₹609 | Low |
| Incon Engineers | INCON | -5.65 | ₹12 | Low |
| Jyoti | JYOTI | -5.59 | ₹137 | Low |
| Switching Technologies G… | SWITCHTE | -5.07 | ₹31 | Low |
| Miven Machine Tools | MIVENMACH | -3.35 | ₹22 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.94 | ₹18 | Low |
| HMT | HMT | -1.07 | ₹2,895 | Low |