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HEIDELBERG CEMENT INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of HEIDELBERG CEMENT INDIA is 3.08.

Share Price ₹198.7Apr 26,2024
Market Cap ₹4,501.4 Cr
Book Value₹1,461.4 CrMar2023 - Standalone Results
Price/Book 3.08xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HEIDELBERG CEMENT 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 HEIDELBERG CEMENT INDIA is calculated as :

Current Market Cap [ ₹4,501.4 Cr] as on Apr 26,2024

(/) Book Value [ ₹1,461.4 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.08x ]

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

Thus, for HEIDELBERG CEMENT INDIA , the investors are currently willing to pay '3.08 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 HEIDELBERG CEMENT INDIA !

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

Historical PB (Price/Book ) ratio chart of HEIDELBERG CEMENT INDIA


PB Ratio Performance Analysis for HEIDELBERG CEMENT INDIA

- HEIDELBERG CEMENT INDIA 's latest p/b ratio is 3.08x.

- HEIDELBERG CEMENT INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.94x.

- HEIDELBERG CEMENT INDIA 's operated at median p/b ratio of 2.74x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HEIDELBERG CEMENT INDIA 's p/b ratio peaked in Mar2021 at 3.54x.

- HEIDELBERG CEMENT INDIA 's p/b ratio hit its five-year low in Mar2020 of 2.45x.


How does HEIDELBERG CEMENT INDIA 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Book ValuePB RatioMarket Cap
HEIDELBERG CEMENT INDIA 1,461.393.084,501.4
ULTRATECH CEMENT LTD54,244.405.16280,042.0
AMBUJA CEMENTS LTD26,698.206.33169,083.0
SHREE CEMENT LTD18,636.404.6787,104.0
ACC LTD16,329.702.9047,405.0
DALMIA BHARAT LTD16,397.002.0633,744.5
JK CEMENT LTD4,686.756.7031,400.3
THE RAMCO CEMENTS LTD6,861.062.7518,840.8
NUVOCO VISTAS CORPORATION LTD8,839.001.3812,209.4
JK LAKSHMI CEMENT LTD2,803.863.339,343.0
STAR CEMENT LTD2,416.383.809,191.1

Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs HEIDELBERG CEMENT INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.38x
Max industry PB 6.70x
Median industry PB 3.33x
Average industry PB 3.83x



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