UltraTech Cement P/B Ratio

ULTRACEMCO • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
4.99
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 4.99
Current Price ₹12204.00
Book Value/Share ₹2504.85
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹73,893 Cr
Share Capital ₹295 Cr
Reserves & Surplus ₹70,412 Cr
Outstanding Shares 295,000,000
Book Value per Share ₹2504.85

Valuation Signal

Signal Overvalued
Historical Avg 4.94
Historical Range 3.99 - 5.58
Percentile 60.0%

Sector Context

Sector Average 0.25
Sector Median 0.58
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for UltraTech Cement

  • Stock appears overvalued with PB of 4.99, 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 0.25

View the current stock price of UltraTech Cement for more insights.

P/B Ratio Historical Trend for UltraTech Cement

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 4.7 ₹2504.85 ₹11784.00 ₹73,893 High
2024 5.48 ₹2085.92 ₹11426.35 ₹60,283 High
2023 5.58 ₹1881.66 ₹10503.05 ₹54,380 High
2022 3.99 ₹1745.05 ₹6959.05 ₹50,432 High
2021 4.97 ₹1528.72 ₹7591.05 ₹44,180 High

Sector P/B Ratio Comparison

Comparing UltraTech Cement with other companies in Construction sector
Sector Average
0.25
Sector Median
0.58
Lowest P/B
-3.9
Highest P/B
0.92
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Hemadri Cements HEMACEM -3.9 ₹33 Low
Refex Renewables Infrast… REFEXRENEW -1.77 ₹123 Low
BGR Energy Systems BGRENERGY -1.3 ₹2,473 Low
Sadbhav Engineering SADBHAV -0.89 ₹189 Low
Triveni Glass TRIVENIGQ -0.77 ₹12 Low
Panyam Cements & Mineral… PANCM -0.43 ₹107 Low
Vardhman Concrete VARDHMAN -0.42 ₹5 Low
GVK Power & Infrastructu… GVKPIL -0.34 ₹488 Low
Sadbhav Infrastructure P… SADBHIN -0.25 ₹130 Low
Kridhan Infra KRIDHANINF -0.15 ₹42 Low