Home > PB Ratio > HALDYN GLASS

HALDYN GLASS
PB (Price/Book ) Ratio

The Current P/B Ratio of HALDYN GLASS is 4.49.

Share Price ₹147.6Mar 28,2024
Market Cap ₹794.1 Cr
Book Value₹176.9 CrMar2023 - Consolidated Results
Price/Book 4.49xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for HALDYN GLASS
Please provide your vote to see the results
HALDYN GLASS is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of HALDYN GLASS

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 HALDYN GLASS is calculated as :

Current Market Cap [ ₹794.1 Cr] as on Mar 28,2024

(/) Book Value [ ₹176.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.49x ]

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

Thus, for HALDYN GLASS , the investors are currently willing to pay '4.49 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 HALDYN GLASS !

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

Historical PB (Price/Book ) ratio chart of HALDYN GLASS


PB Ratio Performance Analysis for HALDYN GLASS

- HALDYN GLASS 's latest p/b ratio is 4.49x.

- HALDYN GLASS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.34x.

- HALDYN GLASS 's operated at median p/b ratio of 1.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HALDYN GLASS 's p/b ratio peaked in Mar2023 at 1.91x.

- HALDYN GLASS 's p/b ratio hit its five-year low in Mar2020 of 0.72x.


How does HALDYN GLASS 's P/B Ratio benchmark against top 10 peers in Glass Industry?

Peer Comparison (Glass Industry)Book ValuePB RatioMarket Cap
HALDYN GLASS 176.914.49794.1
ASAHI INDIA GLASS LTD2,074.536.2713,007.7
BOROSIL RENEWABLES LTD918.057.086,502.1
LA OPALA RG LTD774.954.263,302.8
EMPIRE INDUSTRIES LTD283.411.89535.1
SEJAL GLASS LTD14.0027.70387.7
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD-997.63-0.16156.8

Glass Industry Benchmark (Top 10) PB Analysis vs HALDYN GLASS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.16x
Max industry PB 27.70x
Median industry PB 4.49x
Average industry PB 7.36x



You may also like the below Video Courses