TRF P/B Ratio
TRF (TRF) P/B ratio is -0.72 (Low), book value per share ₹76.36 vs Capital Goods average P/B of -1.38 — Very Low - Significant discount to book value, potential distress or value opportunity. For live price, earnings yield and the full fundamental profile, see TRF share price screener.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
TRF P/B Ratio — Valuation Insights & Book Value Analysis
TRF price-to-book ratio interpretation, valuation status and historical context — current P/B -0.72 (Low). Explore TRF intrinsic value to estimate fundamental worth using multiple valuation models.
- Stock appears undervalued with PB of -0.72, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 109.1% below historical average
- Trading at premium to sector average PB of -1.38
TRF P/B Ratio Historical Trend
TRF 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. Read TRF dividend payout details for the complete payout history and dividend yield track record.
TRF Historical P/B Ratio — Book Value Per Share & Year-End Price
TRF 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 | 2.82 | ₹76.36 | ₹215.25 | ₹84 | Moderate |
| 2025 | 3.9 | ₹76.36 | ₹297.95 | ₹84 | High |
| 2024 | 12.29 | ₹35.45 | ₹435.65 | ₹39 | High |
| 2023 | 12.68 | ₹20.0 | ₹253.65 | ₹22 | High |
TRF vs Capital Goods Peers — P/B Ratio Comparison
TRF P/B -0.72 vs Capital Goods average -1.38, median 0.47 — range -41.41–1.05.
| 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 | -2.04 | ₹19 | Low |
| HMT | HMT | -1.07 | ₹2,895 | Low |