Top 5 Stocks with Price to Book Value Less Than 1 to Watch in 2023
Discover five promising stocks with a Price-to-Book value less than 1, indicating potential investment opportunities at a discount. However, it's crucial to assess the company's health and growth prospects before making any investment decisions.
Pricetobook RatioStock MarketInvestment OpportunitiesDiscounted StocksFinancial AnalysisReal EstateSep 27, 2025
1. Raymond Lifestyle
Raymond Lifestyle is a leading brand in the fashion industry, known for its high-quality branded clothing. The company offers a wide range of products under brands such as Raymond, Park Avenue, ColorPlus, Parx, and Ethnix, including suiting, shirting, jackets, trousers, and denim. Additionally, Raymond Lifestyle provides home textiles like bedsheets and towels under the Raymond Home brand and offers tailoring services. The company is also an exporter of suits to the United States, Canada, Europe, Japan, and the Middle East.
Raymond Lifestyle has a Price-to-Book value ratio of 0.80x, indicating that the stock is trading at a discount to the company's book value. This means the market is pricing the firm at only 80 percent of its net asset value, according to the books.
2. PTC India
PTC India Limited is an energy company that specializes in the trade and generation of power in India, Nepal, Bhutan, and Bangladesh. The company is involved in power trading both domestically and cross-border, and it provides financing and advisory services for power projects covering generation, transmission, distribution, and fuel infrastructure. PTC India's customer base includes energy utilities, both public and private, large enterprises, and power market participants.
PTC India has a Price-to-Book value ratio of 0.88x, suggesting that the stock is trading at a discount to the company's book value. The market is pricing the firm at only 88 percent of its net asset value, according to the books.
3. Dalmia Bharat Sugar & Industries
Dalmia Bharat Sugar & Industries is a diversified company involved in the production of sugar and related products. The company produces pure and special sugars and converts sugar production waste like bagasse and molasses into electricity and alcohol-based products such as ethanol and spirits.
Dalmia Bharat Sugar & Industries has a Price-to-Book value ratio of 0.92x, indicating that the stock is trading at a discount to the company's book value. The market is pricing the firm at only 92 percent of its net asset value, according to the books.
4. Steel Authority of India (SAIL)
The Steel Authority of India Limited (SAIL) is a major producer and exporter of a wide variety of iron and steel products. The company offers a range of steel products, including steel rails, pig iron, tubes, TMT bars, galvanized and stainless steel, and components for the railway sector such as wheels and axles. SAIL serves central and state government organizations, public sector units, private sector companies, distributors, and resellers.
SAIL has a Price-to-Book value ratio of 0.96x, indicating that the stock is trading at a discount to the company's book value. The market is pricing the firm at only 96 percent of its net asset value, according to the books.
5. Kirloskar Industries
Kirloskar Industries is a leading manufacturer and trader of iron castings, steel, seamless tubes, cylinder tubes, and engineering steel components. The company sells these products in both domestic and international markets. Additionally, Kirloskar Industries is active in real estate development, property leasing and management, and investing in various types of properties and securities.
Kirloskar Industries has a Price-to-Book value ratio of 0.70x, indicating that the stock is trading at a discount to the company's book value. The market is pricing the firm at only 70 percent of its net asset value, according to the books.
In conclusion, Raymond Lifestyle, PTC India, Dalmia Bharat Sugar, SAIL, and Kirloskar Industries are all trading at a discount to their book values, which may present potential investment opportunities. However, it's essential to thoroughly review each company's business condition, development prospects, and sector dynamics before making any investment decisions.
The views and investment tips expressed in this article are the opinions of the author and not of the website or its management. Investing in equities involves a risk of financial losses. Investors must exercise due caution while investing or trading in stocks. The author and the website are not liable for any losses caused as a result of the decisions based on this article.
Frequently Asked Questions
What does a Price-to-Book ratio below 1 indicate?
A Price-to-Book ratio below 1 indicates that the stock is trading at a discount to the company's book value, which can be a good sign for potential investors. However, it's important to assess the company's overall health and prospects before making any investment decisions.
What is the Price-to-Book ratio of Raymond Lifestyle?
The Price-to-Book ratio of Raymond Lifestyle is 0.80x, indicating that the stock is trading at a discount to the company's book value. This means the market is pricing the firm at only 80 percent of its net asset value, according to the books.
What is the main business of PTC India?
PTC India Limited is an energy company that specializes in the trade and generation of power in India, Nepal, Bhutan, and Bangladesh. The company is involved in power trading both domestically and cross-border, and it provides financing and advisory services for power projects covering generation, transmission, distribution, and fuel infrastructure.
What products does Dalmia Bharat Sugar & Industries produce?
Dalmia Bharat Sugar & Industries produces pure and special sugars and converts sugar production waste like bagasse and molasses into electricity and alcohol-based products such as ethanol and spirits.
What is the Price-to-Book ratio of Kirloskar Industries?
The Price-to-Book ratio of Kirloskar Industries is 0.70x, indicating that the stock is trading at a discount to the company's book value. The market is pricing the firm at only 70 percent of its net asset value, according to the books.
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