Skip to content
Smart Money

Inv. Banks / Inv. Cos. / Securities Cos.

TSBL Trust Securities & Brokerage Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 2.23 +0.45%

Valuation · at the close on 16 Oct 2026

Trust Securities & Brokerage Limited (TSBL) valuation

At Rs 2.23 (close on 16 Oct 2026) TSBL trades at 9.7× earnings (FY2026), below its five-year average of 10.3× and above the Inv. Banks / Inv. Cos. / Securities Cos. median of 6.2×. The shares are priced at 1.74× book value (sector median 1.05×).

P/E · today
9.7×
FY2026
5-yr average10.3× Sector median6.2×
P/B · today
1.74×
FY2026
5-yr average1.26× Sector median1.05×
Dividend yield · today
0.0%
FY2026
5-yr average0.0% Payers' median4.6%

Market value Rs 1.7 bn at Rs 2.23. Sector medians use the latest close of 35 Inv. Banks / Inv. Cos. / Securities Cos. companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end 5-year average
P/E history 21.1× 10.6× 0.0× P/E at fiscal year-end FY20: 8.6× P/E at fiscal year-end FY21: 4.8× P/E at fiscal year-end FY24: 3.5× P/E at fiscal year-end FY25: 19.6× P/E at fiscal year-end FY26: 7.7× FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26

Valuation history

At each fiscal year-end price.

TSBL valuation history (annual) (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022
Market capitalisation 1,335.0 375.0 293.1 427.5 478.5
Share price (period end) Rs 1.78 0.73 0.57 0.83 0.93
P/E (diluted) 7.70× 19.56× 3.49× — —
Price to book 1.39× 0.98× 0.81× 1.53× 1.65×
Dividend yield (gross) 0.0% 0.0% 0.0% 0.0% 0.0%
PEG ratio 0.01× (0.25×) 0.00× — —
P/E (diluted, normalised) 7.70× 19.56× 3.49× — —
Price to book — 5-year average 1.26× 1.24× 1.33× 1.45× 1.42×
Dividend yield — 5-year average 0.0% 0.0% 0.0% 0.0% 0.0%

TSBL valuation: frequently asked questions

What is TSBL's P/E ratio?

At the closing price of Rs 2.23 on 16 Oct 2026, TSBL trades at a P/E of 9.7× based on EPS of Rs 0.23 (FY2026).

What is TSBL's book value per share?

Trust Securities & Brokerage Limited's book value per share was Rs 1.28 at the end of FY2026. The shares trade at 1.74× book value.

Information only, not investment advice.