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HILTON METAL FORGING
PB (Price/Book ) Ratio

The Current P/B Ratio of HILTON METAL FORGING is 2.80.

Share Price ₹119.0Apr 24,2024
Market Cap ₹249.9 Cr
Book Value₹89.1 CrMar2023 - Standalone Results
Price/Book 2.80xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HILTON METAL FORGING

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 HILTON METAL FORGING is calculated as :

Current Market Cap [ ₹249.9 Cr] as on Apr 24,2024

(/) Book Value [ ₹89.1 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.80x ]

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

Thus, for HILTON METAL FORGING , the investors are currently willing to pay '2.80 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 HILTON METAL FORGING !

The chart below summarizes the trend in P/B Ratio of HILTON METAL FORGING over the last five years.

Historical PB (Price/Book ) ratio chart of HILTON METAL FORGING


PB Ratio Performance Analysis for HILTON METAL FORGING

- HILTON METAL FORGING 's latest p/b ratio is 2.80x.

- HILTON METAL FORGING 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.81x.

- HILTON METAL FORGING 's operated at median p/b ratio of 0.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HILTON METAL FORGING 's p/b ratio peaked in Mar2023 at 2.37x.

- HILTON METAL FORGING 's p/b ratio hit its five-year low in Mar2020 of 0.13x.


How does HILTON METAL FORGING 's P/B Ratio benchmark against top 10 peers in Forgings Industry?

Peer Comparison (Forgings Industry)Book ValuePB RatioMarket Cap
HILTON METAL FORGING 89.122.80249.9
BHARAT FORGE LTD6,701.798.4956,904.2
CIE AUTOMOTIVE INDIA LTD4,939.943.7418,476.8
RAMKRISHNA FORGINGS LTD1,290.7010.7713,902.5
MM FORGINGS LTD673.013.782,546.9
LGB FORGE LTD30.178.48255.8
KALYANI FORGE LTD105.481.47155.5
SAMRAT FORGINGS LTD28.505.30151.0
TIRUPATI FORGE LTD36.245.02181.8
GANGA FORGING LTD13.338.50113.4

Forgings Industry Benchmark (Top 10) PB Analysis vs HILTON METAL FORGING 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.47x
Max industry PB 10.77x
Median industry PB 5.30x
Average industry PB 5.84x



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