TVS Motors P/B Ratio

TVSMOTOR • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
21.3
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 21.3
Current Price ₹3864.20
Book Value/Share ₹1967.08
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹9,442 Cr
Share Capital ₹48 Cr
Reserves & Surplus ₹8,456 Cr
Outstanding Shares 48,000,000
Book Value per Share ₹1967.08

Valuation Signal

Signal Overvalued
Historical Avg 1.36
Historical Range 0.71 - 1.89
Percentile 100.0%

Sector Context

Sector Average 0.84
Sector Median 0.97
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for TVS Motors

  • Stock appears overvalued with PB of 21.3, 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 1468.5% above historical average
  • Trading at premium to sector average PB of 0.84

View the current stock price of TVS Motors for more insights.

P/B Ratio Historical Trend for TVS Motors

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 1.89 ₹1967.08 ₹3719.80 ₹9,442 Moderate
2024 1.51 ₹1564.79 ₹2368.50 ₹7,511 Moderate
2023 1.65 ₹1231.25 ₹2025.80 ₹5,910 Moderate
2022 1.03 ₹1052.71 ₹1085.40 ₹5,053 Moderate
2021 0.71 ₹878.12 ₹627.00 ₹4,215 Low

Sector P/B Ratio Comparison

Comparing TVS Motors with other companies in Automobiles sector
Sector Average
0.84
Sector Median
0.97
Lowest P/B
-3.96
Highest P/B
1.83
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Innovative Tyre & Tube Lt ITTL -3.96 ₹95 Low
Setco Automotive SETCO -0.27 ₹210 Low
India Radiators INRADIA -0.2 ₹1 Low
Spectra Industries SPECTRA -0.05 ₹3 Low
Kairosoft AI Solutions VOLKAI 0.13 ₹5 Low
Nirbhay Colours NIRBHAYIND 0.15 ₹0 Low
Lakshmi Precision Screws LAKPRE 0.26 ₹5 Low
Precision Metaliks PRECISION 0.33 ₹29 Low
Rasandik Engineering Ind… RASANDIK 0.4 ₹35 Low
India Motor Parts & Acce… IMPAL 0.52 ₹1,295 Low