Home > PB Ratio > HARDWYN INDIA

HARDWYN INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of HARDWYN INDIA is 2.88.

Share Price ₹30.8Apr 22,2024
Market Cap ₹1,074.3 Cr
Book Value₹372.6 CrMar2023 - Consolidated Results
Price/Book 2.88xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for HARDWYN INDIA
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of HARDWYN 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 HARDWYN INDIA is calculated as :

Current Market Cap [ ₹1,074.3 Cr] as on Apr 22,2024

(/) Book Value [ ₹372.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.88x ]

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

Thus, for HARDWYN INDIA , the investors are currently willing to pay '2.88 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 HARDWYN INDIA !

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

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


PB Ratio Performance Analysis for HARDWYN INDIA

- HARDWYN INDIA 's latest p/b ratio is 2.88x.

- HARDWYN INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2023 averaged 1.80x.

- HARDWYN INDIA 's operated at median p/b ratio of 1.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 1 fiscal years, HARDWYN INDIA 's p/b ratio peaked in Mar2023 at 1.8x.

- HARDWYN INDIA 's p/b ratio hit its five-year low in Mar2023 of 1.8x.


How does HARDWYN INDIA 's P/B Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?

Peer Comparison (Aluminium & Aluminium Products Industry)Book ValuePB RatioMarket Cap
HARDWYN INDIA 372.562.881,074.3
NATIONAL ALUMINIUM COMPANY LTD13,126.402.5934,032.8
ARFIN INDIA LTD88.099.77860.3
MAAN ALUMINIUM LTD130.286.37830.2
MMP INDUSTRIES LTD257.142.67687.8
PG FOILS LTD278.430.78215.9
MANAKSIA ALUMINIUM COMPANY LTD125.121.38173.1
CENTURY EXTRUSIONS LTD65.152.35152.9

Aluminium & Aluminium Products Industry Benchmark (Top 10) PB Analysis vs HARDWYN INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.78x
Max industry PB 9.77x
Median industry PB 2.67x
Average industry PB 3.60x



You may also like the below Video Courses