HINDALCO INDUSTRIES
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The Current P/B Ratio of HINDALCO INDUSTRIES is 1.37.
Share Price | ₹648.4 | Nov 07,2024 |
Market Cap | ₹145,697.2 Cr | |
Book Value | ₹106,386.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.37x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HINDALCO INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HINDALCO INDUSTRIES | 106,386.00 | 1.37 | 145,697.2 |
HINDUSTAN ZINC LTD | 15,195.00 | 14.12 | 214,498.0 |
VEDANTA LTD | 30,509.00 | 5.87 | 179,018.0 |
HINDUSTAN COPPER LTD | 2,285.11 | 12.33 | 28,164.6 |
GRAVITA INDIA LTD | 837.40 | 18.96 | 15,880.5 |
SHIVALIK BIMETAL CONTROLS LTD | 341.51 | 10.59 | 3,615.2 |
BHARAT WIRE ROPES LTD | 657.04 | 2.52 | 1,656.8 |
RAM RATNA WIRES LTD | 409.66 | 6.48 | 2,653.9 |
NILE LTD | 229.86 | 3.06 | 702.8 |
RAJNANDINI METAL LTD | 41.43 | 6.77 | 280.4 |
SHERA ENERGY LTD | 106.92 | 4.72 | 505.0 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs HINDALCO INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB 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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