Welspun Corp P/B Ratio
Welspun Corp (WELCORP) P/B ratio is 3.68 (High), book value per share ₹693.64 vs Industrial Products average P/B of -1.91 — High - Premium to book value, growth expectations or asset-light model. View WELCORP annual price range for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
WELCORP P/B Ratio — Valuation Insights & Book Value Analysis
Welspun Corp price-to-book ratio interpretation, valuation status and historical context — current P/B 3.68 (High). For live price, earnings yield and the full fundamental profile, see Welspun Corp screener.
- Stock appears overvalued with PB of 3.68, 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 149.0% above historical average
- Trading at premium to sector average PB of -1.91
Welspun Corp P/B Ratio Historical Trend
WELCORP 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. Compare with WELCORP fair value estimate to assess whether the stock is under or overvalued.
WELCORP Historical P/B Ratio — Book Value Per Share & Year-End Price
Welspun Corp 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 | 1.98 | ₹693.64 | ₹1372.90 | ₹9,156 | Moderate |
| 2025 | 1.38 | ₹590.0 | ₹814.40 | ₹7,729 | Moderate |
| 2024 | 1.86 | ₹437.79 | ₹813.80 | ₹5,735 | Moderate |
| 2023 | 1.48 | ₹369.77 | ₹548.15 | ₹4,844 | Moderate |
| 2022 | 0.69 | ₹345.65 | ₹236.95 | ₹4,528 | Low |
WELCORP vs Industrial Products Peers — P/B Ratio Comparison
Welspun Corp P/B 3.68 vs Industrial Products average -1.91, median -0.32 — range -13.96–0.39.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -13.96 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.32 | ₹144 | Low |
| Cochin Malabar Estates | COCHMAL | -11.49 | ₹24 | Low |
| TPINDIA | TPINDIA | -8.28 | ₹92 | Low |
| Electrotherm | ELECTHERM | -6.41 | ₹966 | Low |
| Heera Ispat | HEERAISP | -5.94 | ₹5 | Low |
| Mahip Industries | MAHIP | -5.46 | ₹45 | Low |
| Nova Iron & Steel | NOVIS | -4.44 | ₹45 | Low |
| Mukat Pipes | MUKATPIP | -3.45 | ₹25 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |