ICRA

ICRA P/B

The P/B (Price-to-Book Ratio) of ICRA (ICRA.NS) as of Oct 21, 2026 is 4.70. In the previous year, P/B (Price-to-Book Ratio) was 5.27 — a change of -10.80% (lower).

P/B

4.70

YoY

-10.80%

Last updated:

P/B (Price-to-Book Ratio) of ICRA is 2026 4.70 . P/B (Price-to-Book Ratio) of ICRA was 2025 5.27 . It decreases by -10.80% lower compared to the previous year.

The ICRA P/B history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/B
Date
P/B
Jan 1, 2019
8.70 INR
Jan 1, 2020
7.91 INR
Jan 1, 2021
7.33 INR
Jan 1, 2022
6.58 INR
Jan 1, 2023
5.84 INR
Jan 1, 2024
5.69 INR
Jan 1, 2025
5.27 INR
Jan 1, 2026
4.70 INR
The ICRA P/B history
YEARP/BYoY
4.70-10.80%
5.27-7.29%
5.69-2.68%
5.84-11.23%
6.58-10.18%
7.33-7.41%
7.91-9.08%
8.70+2.68%
8.48-23.81%
11.12-4.57%
11.66-9.97%
12.95-9.52%
14.31—

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ICRA Stock analysis

What does ICRA do? ICRA Ltd generates revenue through its subsidiaries by offering rating, research, analytics, data, and software services across four distinct segments. The Rating, research and other services segment focuses on rating, grading, and industry research, specifically evaluating rupee-denominated debt instruments issued by manufacturing companies, commercial banks, non-banking finance companies, public sector undertakings, and municipalities. This core activity provides essential investment information to stakeholders requiring credit assessments for these entities. The company also monetizes its expertise through Consulting services, which deliver management consulting including risk management, financial advisory, outsourcing, and policy advisory. Additionally, the Knowledge services segment generates income by providing KPO services, while the Market services segment supplies financial information products and services. Together, these offerings allow ICRA Ltd to serve a diverse clientele seeking analytical insights and advisory solutions from its headquarters in Gurgaon, Haryana. ICRA is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ICRA stock

P/B (Price-to-Book Ratio) of ICRA is 4.70 in 2026.

P/B (Price-to-Book Ratio) of ICRA changed from 5.27 to 4.70, representing a -10.80% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) ICRA since 2006 – with annual values, charts, and detailed analysis.

The Price-to-Book ratio compares a company's market price to its book value. A low P/B may indicate an undervalued stock, while a high P/B could suggest overvaluation or strong growth expectations.

P/B = Stock Price / Book Value per Share

To evaluate P/B (Price-to-Book Ratio)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for P/B (Price-to-Book Ratio).

A 'good' varies by industry and company stage. On Eulerpool, you can compare P/B (Price-to-Book Ratio)'s ICRA with sector peers and the industry average to assess whether it is attractive.

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Valuation — ICRA

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