Usha Martin P/B Ratio
Usha Martin (USHAMART) P/B ratio is 4.57 (High), book value per share ₹1065.16 vs Industrial Products average P/B of -1.69 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Usha Martin share price chart.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
USHAMART P/B Ratio — Valuation Insights & Book Value Analysis
Usha Martin price-to-book ratio interpretation, valuation status and historical context — current P/B 4.57 (High). View USHAMART price range for the annual high/low range and current price position.
- Stock appears overvalued with PB of 4.57, 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 924.7% above historical average
- Trading at premium to sector average PB of -1.69
Usha Martin P/B Ratio Historical Trend
USHAMART annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Review Usha Martin price earnings to evaluate earnings-based valuation against sector peers.
USHAMART Historical P/B Ratio — Book Value Per Share & Year-End Price
Usha Martin 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 | 0.47 | ₹1065.16 | ₹495.70 | ₹3,302 | Low |
| 2025 | 0.51 | ₹887.74 | ₹454.00 | ₹2,752 | Low |
| 2024 | 0.49 | ₹769.03 | ₹376.30 | ₹2,384 | Low |
| 2023 | 0.45 | ₹656.45 | ₹296.45 | ₹2,035 | Low |
| 2022 | 0.31 | ₹547.42 | ₹172.20 | ₹1,697 | Low |
USHAMART vs Industrial Products Peers — P/B Ratio Comparison
Usha Martin P/B 4.57 vs Industrial Products average -1.69, median -0.38 — range -11.74–0.36.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.74 | ₹25 | Low |
| Mahalaxmi Seamless | MAHALXSE | -8.79 | ₹5 | Low |
| Electrotherm | ELECTHERM | -8.7 | ₹1,362 | Low |
| TPINDIA | TPINDIA | -6.39 | ₹75 | Low |
| Aditya Ispat | ADITYA | -6.16 | ₹5 | Low |
| Mahip Industries | MAHIP | -4.67 | ₹38 | Low |
| Nova Iron & Steel | NOVIS | -4.49 | ₹45 | Low |
| Heera Ispat | HEERAISP | -4.31 | ₹4 | Low |
| Rollatainers | ROLLT | -3.16 | ₹53 | Low |
| Mukat Pipes | MUKATPIP | -2.97 | ₹20 | Low |