Wheels P/B Ratio
Wheels (WHEELS) P/B ratio is 3.75 (High), book value per share ₹434.17 vs Automobiles average P/B of 0.72 — High - Premium to book value, growth expectations or asset-light model. Compare with WHEELS stock valuation models to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
WHEELS P/B Ratio — Valuation Insights & Book Value Analysis
Wheels price-to-book ratio interpretation, valuation status and historical context — current P/B 3.75 (High). View WHEELS 52-week performance for the annual high/low range and current price position.
- Stock appears overvalued with PB of 3.75, 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 30.2% above historical average
- Trading at premium to sector average PB of 0.72
Wheels P/B Ratio Historical Trend
WHEELS 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. For live price, earnings yield and the full fundamental profile, see Wheels stock price NSE.
WHEELS Historical P/B Ratio — Book Value Per Share & Year-End Price
Wheels 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 | 3.81 | ₹434.17 | ₹1654.50 | ₹1,042 | High |
| 2025 | 2.22 | ₹388.33 | ₹860.30 | ₹932 | Moderate |
| 2024 | 1.91 | ₹353.75 | ₹675.30 | ₹849 | Moderate |
| 2023 | 4.62 | ₹150.38 | ₹694.30 | ₹797 | High |
| 2022 | 1.84 | ₹312.92 | ₹575.40 | ₹751 | Moderate |
WHEELS vs Automobiles Peers — P/B Ratio Comparison
Wheels P/B 3.75 vs Automobiles average 0.72, median 0.91 — range -3.6–1.49.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Innovative Tyre & Tube Lt | ITTL | -3.6 | ₹83 | Low |
| Setco Automotive | SETCO | -0.45 | ₹368 | Low |
| Eraaya Lifespaces | EBIX | -0.42 | ₹724 | Low |
| India Radiators | INRADIA | -0.2 | ₹1 | Low |
| Spectra Industries | SPECTRA | -0.06 | ₹3 | Low |
| Nirbhay Colours | NIRBHAYIND | 0.15 | ₹0 | Low |
| Precision Metaliks | PRECISION | 0.21 | ₹18 | Low |
| Kairosoft AI Solutions | VOLKAI | 0.24 | ₹8 | Low |
| Lakshmi Precision Screws | LAKPRE | 0.27 | ₹6 | Low |
| Rasandik Engineering Ind… | RASANDIK | 0.45 | ₹41 | Low |