Spectrum Electrical Industries P/B Ratio
SPECTRUM • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
8.02
High Valuation
Very High - Significant premium, high growth expectations or speculative
Current Valuation Metrics
P/B Ratio
8.02
Current Price
₹1072.80
Book Value/Share
₹106.25
Exchange
NSE
Book Value Breakdown (2024)
Balance Sheet Components
Total Equity
₹170 Cr
Share Capital
₹16 Cr
Reserves & Surplus
₹151 Cr
Outstanding Shares
16,000,000
Book Value per Share
₹106.25
Valuation Signal
Signal
Overvalued
Historical Avg
9.46
Historical Range
0.99 - 21.87
Percentile
60.0%
Sector Context
Sector Average
0.13
Sector Median
0.73
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for Spectrum Electrical Industries
- Stock appears overvalued with PB of 8.02, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Trading at premium to sector average PB of 0.13
View the current stock price of Spectrum Electrical Industries for more insights.
P/B Ratio Historical Trend for Spectrum Electrical Industries
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.
Related Pages for Spectrum Electrical Industries
Additional stock information and data for SPECTRUM
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2024 | 21.55 | ₹106.25 | ₹2290.10 | ₹170 | High |
| 2023 | 21.87 | ₹61.33 | ₹1341.35 | ₹92 | High |
| 2022 | 1.52 | ₹55.33 | ₹83.90 | ₹83 | Moderate |
| 2021 | 0.99 | ₹51.33 | ₹51.00 | ₹77 | Low |
| 2020 | 1.37 | ₹47.33 | ₹65.00 | ₹71 | Moderate |
Sector P/B Ratio Comparison
Comparing Spectrum Electrical Industries with other companies in Capital Goods sector
Sector Average
0.13
Sector Median
0.73
Lowest P/B
-6.17
Highest P/B
1.34
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Jyoti | JYOTI | -6.17 | ₹202 | Low |
| Miven Machine Tools | MIVENMACH | -4.27 | ₹25 | Low |
| Lexoraa Industries | LEXORAA | -3.94 | ₹5 | Low |
| Incon Engineers | INCON | -3.23 | ₹6 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.58 | ₹15 | Low |
| Switching Technologies G… | SWITCHTE | -0.89 | ₹15 | Low |
| HMT | HMT | -0.85 | ₹2,242 | Low |
| Pan Electroncis | PANELEC | -0.59 | ₹17 | Low |
| TMT India | TMTIND-B1 | -0.51 | ₹3 | Low |