Spectrum Electrical Industries P/B Ratio
Spectrum Electrical Industries (SPECTRUM) P/B ratio is 18.44 (High), book value per share ₹152.50 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 SPECTRUM share price.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
SPECTRUM P/B Ratio — Valuation Insights & Book Value Analysis
Spectrum Electrical Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 18.44 (High). Read SPECTRUM dividend history for the complete payout history and dividend yield track record.
- Stock appears overvalued with PB of 18.44, 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 28.0% above historical average
- Trading at premium to sector average PB of -1.41
Spectrum Electrical Industries P/B Ratio Historical Trend
SPECTRUM 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 Spectrum Electrical Industries intrinsic worth to estimate fundamental worth using multiple valuation models.
SPECTRUM Historical P/B Ratio — Book Value Per Share & Year-End Price
Spectrum Electrical 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 | 16.0 | ₹152.5 | ₹2440.70 | ₹244 | High |
| 2025 | 10.42 | ₹119.38 | ₹1243.90 | ₹191 | High |
| 2024 | 22.21 | ₹103.12 | ₹2290.10 | ₹165 | High |
| 2023 | 21.87 | ₹61.33 | ₹1341.35 | ₹92 | High |
| 2022 | 1.52 | ₹55.33 | ₹83.90 | ₹83 | Moderate |
SPECTRUM vs Capital Goods Peers — P/B Ratio Comparison
Spectrum Electrical Industries P/B 18.44 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 |