Tata Motors P/B Ratio

Current P/B Ratio
12.3
High Valuation
Very High - Significant premium, high growth expectations or speculative

Tata Motors (TMCV) P/B ratio is 12.3 (High), book value per share ₹173.02 vs Automobiles average P/B of 0.56 — Very High - Significant premium, high growth expectations or speculative. Read TMCV dividend yield for the complete payout history and dividend yield track record.

Current Valuation Metrics

P/B Ratio 12.3
Current Price ₹442.90
Book Value/Share ₹173.02
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹12,734 Cr
Share Capital ₹736 Cr
Reserves & Surplus ₹11,998 Cr
Outstanding Shares 736,000,000
Book Value per Share ₹173.02

Valuation Signal

Signal Overvalued
Historical Avg 2.56
Historical Range 2.56 - 2.56
Percentile 100.0%

Sector Context

Sector Average 0.56
Sector Median 0.76
Sector Rank #11 of 50
Sector Percentile 22.0%

TMCV P/B Ratio — Valuation Insights & Book Value Analysis

Tata Motors price-to-book ratio interpretation, valuation status and historical context — current P/B 12.3 (High). Explore TMCV true value to estimate fundamental worth using multiple valuation models.

  • Stock appears overvalued with PB of 12.3, 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 380.5% above historical average
  • Trading at premium to sector average PB of 0.56

Tata Motors P/B Ratio Historical Trend

TMCV annual price-to-book ratio — 1 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 TMCV share price screener.

TMCV Historical P/B Ratio — Book Value Per Share & Year-End Price

Tata Motors 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 2.56 ₹173.02 ₹442.90 ₹12,734 Moderate

TMCV vs Automobiles Peers — P/B Ratio Comparison

Tata Motors P/B 12.3 vs Automobiles average 0.56, median 0.76 — range -4.47–1.35.

Sector Average
0.56
Sector Median
0.76
Lowest P/B
-4.47
Highest P/B
1.35
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Shivam Autotech SHIVAMAUTO -4.47 ₹219 Low
Innovative Tyre & Tube Lt ITTL -2.57 ₹65 Low
Setco Automotive SETCO -0.33 ₹227 Low
Eraaya Lifespaces EBIX -0.3 ₹546 Low
India Radiators INRADIA -0.2 ₹1 Low
Spectra Industries SPECTRA -0.05 ₹3 Low
Nirbhay Colours NIRBHAYIND 0.15 ₹0 Low
Precision Metaliks PRECISION 0.19 ₹15 Low
Lakshmi Precision Screws LAKPRE 0.27 ₹6 Low
Rasandik Engineering Ind… RASANDIK 0.37 ₹35 Low