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HG INFRA ENGINEERING
PB (Price/Book ) Ratio

The Current P/B Ratio of HG INFRA ENGINEERING is 3.09.

Share Price ₹909.7Mar 28,2024
Market Cap ₹5,930.9 Cr
Book Value₹1,921.9 CrMar2023 - Consolidated Results
Price/Book 3.09xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HG INFRA ENGINEERING

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 HG INFRA ENGINEERING is calculated as :

Current Market Cap [ ₹5,930.9 Cr] as on Mar 28,2024

(/) Book Value [ ₹1,921.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.09x ]

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

Thus, for HG INFRA ENGINEERING , the investors are currently willing to pay '3.09 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 HG INFRA ENGINEERING !

The chart below summarizes the trend in P/B Ratio of HG INFRA ENGINEERING over the last five years.

Historical PB (Price/Book ) ratio chart of HG INFRA ENGINEERING


PB Ratio Performance Analysis for HG INFRA ENGINEERING

- HG INFRA ENGINEERING 's latest p/b ratio is 3.09x.

- HG INFRA ENGINEERING 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.23x.

- HG INFRA ENGINEERING 's operated at median p/b ratio of 2.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HG INFRA ENGINEERING 's p/b ratio peaked in Mar2019 at 2.78x.

- HG INFRA ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 1.35x.


How does HG INFRA ENGINEERING 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Book ValuePB RatioMarket Cap
HG INFRA ENGINEERING 1,921.883.095,930.9
LARSEN & TOUBRO LTD88,858.905.84518,814.0
RAIL VIKAS NIGAM LTD7,325.107.2052,740.6
GMR AIRPORTS INFRASTRUCTURE LTD-792.78-62.1449,265.4
IRB INFRASTRUCTURE DEVELOPERS LTD13,378.902.6435,334.2
IRCON INTERNATIONAL LTD5,211.493.9520,587.9
KEC INTERNATIONAL LTD3,771.424.7317,840.7
KALPATARU PROJECTS INTERNATIONAL LTD4,720.623.6717,315.1
NCC LTD6,166.832.3714,591.2
GR INFRAPROJECTS LTD6,265.132.0212,648.4
STERLING AND WILSON RENEWABLE ENERGY LTD-232.13-52.6312,216.3

Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs HG INFRA ENGINEERING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -62.14x
Max industry PB 7.20x
Median industry PB 3.09x
Average industry PB -7.21x



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