Refex Renewables Infrastructure P/B Ratio
Refex Renewables Infrastructure (REFEXRENEW) P/B ratio is -2.19 (Low), book value per share ₹-94.00 vs Construction average P/B of -0.16 — Very Low - Significant discount to book value, potential distress or value opportunity. Also explore REFEXRENEW stock price history to track price trends across different timeframes.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
REFEXRENEW P/B Ratio — Valuation Insights & Book Value Analysis
Refex Renewables Infrastructure price-to-book ratio interpretation, valuation status and historical context — current P/B -2.19 (Low). For live price, earnings yield and the full fundamental profile, see Refex Renewables Infrastructur screener.
- Stock appears undervalued with PB of -2.19, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 114.2% below historical average
- Trading at discount to sector average PB of -0.16
Refex Renewables Infrastructure P/B Ratio Historical Trend
REFEXRENEW annual price-to-book ratio — 4 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value.
REFEXRENEW Historical P/B Ratio — Book Value Per Share & Year-End Price
Refex Renewables Infrastructure 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 | 52.77 | ₹16.0 | ₹844.30 | ₹8 | High |
| 2023 | 4.76 | ₹82.0 | ₹390.00 | ₹41 | High |
| 2022 | 3.54 | ₹138.0 | ₹488.10 | ₹69 | High |
| 2021 | 0.49 | ₹358.0 | ₹175.45 | ₹179 | Low |
REFEXRENEW vs Construction Peers — P/B Ratio Comparison
Refex Renewables Infrastructure P/B -2.19 vs Construction average -0.16, median 0.41 — range -8.4–0.68.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Anand Projects | ANANDPROJ | -8.4 | ₹4 | Low |
| Shiva Cement | SHIVACEM | -7.28 | ₹501 | Low |
| Hemadri Cements | HEMACEM | -3.9 | ₹33 | Low |
| Sadbhav Engineering | SADBHAV | -1.25 | ₹139 | Low |
| Sri Chakra Cement Limited | SRICC | -0.99 | ₹34 | Low |
| BGR Energy Systems | BGRENERGY | -0.6 | ₹1,682 | Low |
| Triveni Glass | TRIVENIGQ | -0.56 | ₹9 | Low |
| Vardhman Concrete | VARDHMAN | -0.42 | ₹5 | Low |
| Panyam Cements & Mineral… | PANCM | -0.33 | ₹84 | Low |
| GVK Power & Infrastructu… | GVKPIL | -0.24 | ₹347 | Low |