Spectrum Electrical Industries P/B Ratio
Spectrum Electrical Industries (SPECTRUM) P/B ratio is 10.08 (High), book value per share ₹106.25 vs Capital Goods average P/B of -0.04 — Very High - Significant premium, high growth expectations or speculative. Compare with SPECTRUM stock valuation models to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2024)
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 10.08 (High). View SPECTRUM 52-week high low for the annual high/low range and current price position.
- Stock appears overvalued with PB of 10.08, 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 -0.04
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. For live price, earnings yield and the full fundamental profile, see SPECTRUM share price.
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 |
|---|---|---|---|---|---|
| 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 |
SPECTRUM vs Capital Goods Peers — P/B Ratio Comparison
Spectrum Electrical Industries P/B 10.08 vs Capital Goods average -0.04, median 0.64 — range -5.17–1.18.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Lexoraa Industries | LEXORAA | -5.17 | ₹6 | Low |
| Jyoti | JYOTI | -5.14 | ₹153 | Low |
| Miven Machine Tools | MIVENMACH | -4.72 | ₹29 | Low |
| Incon Engineers | INCON | -3.44 | ₹7 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.96 | ₹19 | Low |
| Benara Bearings | BENARA | -1.91 | ₹19 | Low |
| Switching Technologies G… | SWITCHTE | -1.18 | ₹21 | Low |
| HMT | HMT | -1.04 | ₹2,684 | Low |
| TMT India | TMTIND-B1 | -0.51 | ₹3 | Low |