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HINDALCO INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of HINDALCO INDUSTRIES is 1.54.

Share Price ₹649.6Apr 26,2024
Market Cap ₹145,966.9 Cr
Book Value₹95,004.0 CrMar2023 - Consolidated Results
Price/Book 1.54xCalculated 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 [ ₹145,966.9 Cr] as on Apr 26,2024

(/) Book Value [ ₹95,004.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.54x ]

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 '1.54 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 1.54x.

- HINDALCO INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.96x.

- HINDALCO INDUSTRIES 's operated at median p/b ratio of 0.95x 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 95,004.001.54145,966.9
HINDUSTAN ZINC LTD15,195.0011.72178,139.0
VEDANTA LTD30,722.004.80147,443.0
HINDUSTAN COPPER LTD2,082.1718.1537,796.1
GRAVITA INDIA LTD588.9311.416,717.0
SHIVALIK BIMETAL CONTROLS LTD265.5012.513,322.3
BHARAT WIRE ROPES LTD560.153.752,099.4
RAM RATNA WIRES LTD311.654.681,457.7
NILE LTD199.622.07412.6
RAJNANDINI METAL LTD41.437.27301.4
SHERA ENERGY LTD89.144.89435.5

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.54x
Max industry PB 18.15x
Median industry PB 4.89x
Average industry PB 7.53x



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