HINDUSTAN AERONAUTICS
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The Current P/B Ratio of HINDUSTAN AERONAUTICS is 11.31.
| Share Price | ₹3,985.2 | Apr 26,2024 |
| Market Cap | ₹266,530.2 Cr | |
| Book Value | ₹23,572.2 Cr | Mar2023 - Consolidated Results |
| Price/Book | 11.31x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN AERONAUTICS
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
Current Market Cap [ ₹266,530.2 Cr] as on Apr 26,2024
(/) Book Value [ ₹23,572.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 11.31x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for HINDUSTAN AERONAUTICS , the investors are currently willing to pay '11.31 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 HINDUSTAN AERONAUTICS !
The chart below summarizes the trend in P/B Ratio of HINDUSTAN AERONAUTICS over the last five years.
Thus, for HINDUSTAN AERONAUTICS , the investors are currently willing to pay '11.31 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 HINDUSTAN AERONAUTICS !
The chart below summarizes the trend in P/B Ratio of HINDUSTAN AERONAUTICS over the last five years.
Historical PB (Price/Book ) ratio chart of HINDUSTAN AERONAUTICS
PB Ratio Performance Analysis for HINDUSTAN AERONAUTICS
- HINDUSTAN AERONAUTICS 's latest p/b ratio is 11.31x.
- HINDUSTAN AERONAUTICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.38x.
- HINDUSTAN AERONAUTICS 's operated at median p/b ratio of 2.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN AERONAUTICS 's p/b ratio peaked in Mar2023 at 3.87x.
- HINDUSTAN AERONAUTICS 's p/b ratio hit its five-year low in Mar2020 of 1.35x.
- HINDUSTAN AERONAUTICS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.38x.
- HINDUSTAN AERONAUTICS 's operated at median p/b ratio of 2.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN AERONAUTICS 's p/b ratio peaked in Mar2023 at 3.87x.
- HINDUSTAN AERONAUTICS 's p/b ratio hit its five-year low in Mar2020 of 1.35x.
How does HINDUSTAN AERONAUTICS 's P/B Ratio benchmark against top 10 peers in Defence Industry?
| Peer Comparison (Defence Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| HINDUSTAN AERONAUTICS | 23,572.20 | 11.31 | 266,530.2 |
| BHARAT DYNAMICS LTD | 3,211.50 | 11.52 | 36,999.0 |
| DATA PATTERNS (INDIA) LTD | 1,167.08 | 14.91 | 17,404.3 |
| ASTRA MICROWAVE PRODUCTS LTD | 642.62 | 10.50 | 6,745.8 |
| PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 413.25 | 6.99 | 2,887.4 |
| ROSSELL INDIA LTD | 287.06 | 6.14 | 1,762.7 |
Defence Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN AERONAUTICS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 6.14x |
| Max industry PB | 14.91x |
| Median industry PB | 11.31x |
| Average industry PB | 10.23x |
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