TRF
|
The Current P/B Ratio of TRF is 2.63.
| Share Price | ₹202.0 | Nov 06,2026 |
| Market Cap | ₹222.2 Cr | |
| Book Value | ₹84.4 Cr | Mar2026 - Consolidated Results |
| Price/Book | 2.63x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of TRF
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹222.2 Cr] as on Nov 06,2026
(/) Book Value [ ₹84.4 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 2.63x ]
Thus, for TRF , the investors are currently willing to pay '2.63 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of TRF !
The chart below summarizes the trend in P/B Ratio of TRF over the last five years.
Historical PB (Price/Book ) ratio chart of TRF
PB Ratio Performance Analysis for TRF
- TRF 's p/b ratio for fiscal years ending Mar2026 to Mar2022 averaged -0.73x.
- TRF 's operated at median p/b ratio of -0.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRF 's p/b ratio peaked in Mar2022 at -0.29x.
- TRF 's p/b ratio hit its five-year low in Mar2024 of -1.16x.
How does TRF 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| TRF | 84.37 | 2.63 | 222.2 |
| BHARAT HEAVY ELECTRICALS LTD | 26,146.60 | 5.58 | 145,898.0 |
| THERMAX LTD | 5,541.73 | 5.90 | 32,694.7 |
| KIRLOSKAR OIL ENGINES LTD | 3,592.37 | 6.43 | 23,105.6 |
| TRIVENI TURBINE LTD | 1,442.53 | 10.90 | 15,725.2 |
| JYOTI CNC AUTOMATION LTD | 2,001.33 | 11.59 | 23,205.1 |
| INOX INDIA LTD | 1,107.73 | 15.38 | 17,041.2 |
| AZAD ENGINEERING LTD | 1,528.90 | 10.23 | 15,648.2 |
| TEGA INDUSTRIES LTD | 3,407.18 | 3.74 | 12,753.6 |
| ELECON ENGINEERING COMPANY LTD | 2,305.85 | 4.08 | 9,408.0 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 574.00 | 10.72 | 6,154.7 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs TRF 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 2.63x |
| Max industry PB | 15.38x |
| Median industry PB | 6.43x |
| Average industry PB | 7.93x |
You may also like the below Video Courses