HIL
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The Current P/B Ratio of HIL is 1.61.
Share Price | ₹2,671.1 | Apr 19,2024 |
Market Cap | ₹2,003.3 Cr | |
Book Value | ₹1,243.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.61x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HIL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,003.3 Cr] as on Apr 19,2024
(/) Book Value [ ₹1,243.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.61x ]
Thus, for HIL , the investors are currently willing to pay '1.61 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 HIL !
The chart below summarizes the trend in P/B Ratio of HIL over the last five years.
Historical PB (Price/Book ) ratio chart of HIL
PB Ratio Performance Analysis for HIL
- HIL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.83x.
- HIL 's operated at median p/b ratio of 2.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HIL 's p/b ratio peaked in Mar2022 at 2.57x.
- HIL 's p/b ratio hit its five-year low in Mar2020 of 0.64x.
How does HIL 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
Peer Comparison (Cement & Construction Materials Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HIL | 1,243.52 | 1.61 | 2,003.3 |
ULTRATECH CEMENT LTD | 54,244.40 | 4.99 | 270,434.0 |
AMBUJA CEMENTS LTD | 26,698.20 | 6.11 | 163,037.0 |
SHREE CEMENT LTD | 18,636.40 | 4.72 | 87,893.6 |
ACC LTD | 14,138.50 | 3.20 | 45,196.6 |
DALMIA BHARAT LTD | 15,616.00 | 2.33 | 36,445.2 |
JK CEMENT LTD | 4,686.75 | 6.85 | 32,099.2 |
THE RAMCO CEMENTS LTD | 6,861.06 | 2.75 | 18,882.1 |
NUVOCO VISTAS CORPORATION LTD | 8,839.00 | 1.32 | 11,668.3 |
JK LAKSHMI CEMENT LTD | 2,803.86 | 3.36 | 9,418.3 |
STAR CEMENT LTD | 2,416.38 | 3.82 | 9,223.4 |
Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs HIL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.32x |
Max industry PB | 6.85x |
Median industry PB | 3.36x |
Average industry PB | 3.73x |
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