Thirani Projects P/B Ratio
Thirani Projects P/B ratio. Thirani Projects (TPROJECT) P/B ratio is 0.47 (Low), book value per share ₹6.50 vs Financial Services average P/B of -3.57 — Very Low - Significant discount to book value, potential distress or value opportunity. For live price, earnings yield and the full fundamental profile, see TPROJECT stock price BSE.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
TPROJECT P/B Ratio — Valuation Insights & Book Value Analysis
Thirani Projects price-to-book ratio interpretation, valuation status and historical context — current P/B 0.47 (Low). Analyse TPROJECT institutional holdings to track promoter, FII and institutional holdings.
- Stock appears undervalued with PB of 0.47, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Trading at premium to sector average PB of -3.57
Thirani Projects P/B Ratio Historical Trend
TPROJECT 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. View TPROJECT yearly price range for the annual high/low range and current price position.
TPROJECT Historical P/B Ratio — Book Value Per Share & Year-End Price
Thirani Projects 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 | 0.48 | ₹6.5 | ₹3.10 | ₹13 | Low |
| 2025 | 0.72 | ₹6.5 | ₹4.66 | ₹13 | Low |
| 2024 | 0.72 | ₹6.0 | ₹4.35 | ₹12 | Low |
| 2023 | 0.43 | ₹9.5 | ₹4.11 | ₹19 | Low |
| 2022 | 0.22 | ₹9.5 | ₹2.10 | ₹19 | Low |
TPROJECT vs Financial Services Peers — P/B Ratio Comparison
Thirani Projects P/B 0.47 vs Financial Services average -3.57, median 0.0 — range -91.12–0.14.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mena Mani Industries | MENAMANI | -91.12 | ₹72 | Low |
| Blue Chip | BLUECHIP | -28.88 | ₹18 | Low |
| Manraj Housing Finance | MANRAJH | -21.51 | ₹17 | Low |
| Trustwave Securities | TRUSTWAVE | -13.82 | ₹15 | Low |
| Roselabs Finance | ROSELABS | -3.95 | ₹21 | Low |
| Gujarat Lease Financing | GLFL | -3.47 | ₹14 | Low |
| GACM Technologies DVR | GATECHDVR | -3.42 | ₹9 | Low |
| CMX Holdings | CMXLTD | -3.23 | ₹21 | Low |
| Reliance Home Finance | RHFL | -2.36 | ₹131 | Low |
| Manipal Finance | MNPLFIN | -2.32 | ₹17 | Low |