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HINDALCO INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of HINDALCO INDUSTRIES is 1.37.

Share Price ₹648.4Nov 07,2024
Market Cap ₹145,697.2 Cr
Book Value₹106,386.0 CrMar2024 - Consolidated Results
Price/Book 1.37xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HINDALCO INDUSTRIES

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 HINDALCO INDUSTRIES is calculated as :

Current Market Cap [ ₹145,697.2 Cr] as on Nov 07,2024

(/) Book Value [ ₹106,386.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 1.37x ]

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

Thus, for HINDALCO INDUSTRIES , the investors are currently willing to pay '1.37 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 HINDALCO INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of HINDALCO INDUSTRIES


PB Ratio Performance Analysis for HINDALCO INDUSTRIES

- HINDALCO INDUSTRIES 's latest p/b ratio is 1.37x.

- HINDALCO INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.04x.

- HINDALCO INDUSTRIES 's operated at median p/b ratio of 1.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDALCO INDUSTRIES 's p/b ratio peaked in Mar2022 at 1.61x.

- HINDALCO INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.36x.


How does HINDALCO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Book ValuePB RatioMarket Cap
HINDALCO INDUSTRIES 106,386.001.37145,697.2
HINDUSTAN ZINC LTD15,195.0014.12214,498.0
VEDANTA LTD30,509.005.87179,018.0
HINDUSTAN COPPER LTD2,285.1112.3328,164.6
GRAVITA INDIA LTD837.4018.9615,880.5
SHIVALIK BIMETAL CONTROLS LTD341.5110.593,615.2
BHARAT WIRE ROPES LTD657.042.521,656.8
RAM RATNA WIRES LTD409.666.482,653.9
NILE LTD229.863.06702.8
RAJNANDINI METAL LTD41.436.77280.4
SHERA ENERGY LTD106.924.72505.0

Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs HINDALCO INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.37x
Max industry PB 18.96x
Median industry PB 6.48x
Average industry PB 7.89x



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