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DHP INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of DHP INDIA is 1.27.

Share Price ₹731.6Apr 25,2024
Market Cap ₹219.5 Cr
Book Value₹172.9 CrMar2023 - Standalone Results
Price/Book 1.27xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DHP INDIA

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of DHP INDIA is calculated as :

Current Market Cap [ ₹219.5 Cr] as on Apr 25,2024

(/) Book Value [ ₹172.9 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.27x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for DHP INDIA , the investors are currently willing to pay '1.27 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 DHP INDIA !

The chart below summarizes the trend in P/B Ratio of DHP INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of DHP INDIA


PB Ratio Performance Analysis for DHP INDIA

- DHP INDIA 's latest p/b ratio is 1.27x.

- DHP INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.46x.

- DHP INDIA 's operated at median p/b ratio of 1.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DHP INDIA 's p/b ratio peaked in Mar2019 at 2.33x.

- DHP INDIA 's p/b ratio hit its five-year low in Mar2021 of 1.02x.


How does DHP INDIA 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
DHP INDIA 172.851.27219.5
BHARAT ELECTRONICS LTD13,861.6012.53173,753.0
BHARAT HEAVY ELECTRICALS LTD26,828.003.5394,572.8
THERMAX LTD3,865.5513.2751,308.1
TRIVENI TURBINE LTD760.3522.2016,882.4
KIRLOSKAR OIL ENGINES LTD2,290.036.0413,827.7
ELECON ENGINEERING COMPANY LTD1,604.037.9912,811.0
PRAJ INDUSTRIES LTD1,075.348.859,518.8
SHRIRAM PISTONS & RINGS LTD1,527.465.939,052.0
KIRLOSKAR BROTHERS LTD1,403.887.5210,563.4
TEGA INDUSTRIES LTD1,048.959.6510,121.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs DHP INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.27x
Max industry PB 22.20x
Median industry PB 7.99x
Average industry PB 8.98x



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