HINDUSTAN COPPER
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The Current P/B Ratio of HINDUSTAN COPPER is 16.59.
| Share Price | ₹357.2 | Apr 16,2024 |
| Market Cap | ₹34,541.2 Cr | |
| Book Value | ₹2,082.2 Cr | Mar2023 - Consolidated Results |
| Price/Book | 16.59x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN COPPER
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 [ ₹34,541.2 Cr] as on Apr 16,2024
(/) Book Value [ ₹2,082.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 16.59x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for HINDUSTAN COPPER , the investors are currently willing to pay '16.59 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 COPPER !
The chart below summarizes the trend in P/B Ratio of HINDUSTAN COPPER over the last five years.
Thus, for HINDUSTAN COPPER , the investors are currently willing to pay '16.59 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 COPPER !
The chart below summarizes the trend in P/B Ratio of HINDUSTAN COPPER over the last five years.
Historical PB (Price/Book ) ratio chart of HINDUSTAN COPPER
PB Ratio Performance Analysis for HINDUSTAN COPPER
- HINDUSTAN COPPER 's latest p/b ratio is 16.59x.
- HINDUSTAN COPPER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.06x.
- HINDUSTAN COPPER 's operated at median p/b ratio of 4.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN COPPER 's p/b ratio peaked in Mar2021 at 10.15x.
- HINDUSTAN COPPER 's p/b ratio hit its five-year low in Mar2020 of 2.05x.
- HINDUSTAN COPPER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.06x.
- HINDUSTAN COPPER 's operated at median p/b ratio of 4.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN COPPER 's p/b ratio peaked in Mar2021 at 10.15x.
- HINDUSTAN COPPER 's p/b ratio hit its five-year low in Mar2020 of 2.05x.
How does HINDUSTAN COPPER '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 |
|---|---|---|---|
| HINDUSTAN COPPER | 2,082.17 | 16.59 | 34,541.2 |
| HINDUSTAN ZINC LTD | 12,932.00 | 13.15 | 170,069.0 |
| HINDALCO INDUSTRIES LTD | 95,004.00 | 1.44 | 136,799.0 |
| VEDANTA LTD | 39,255.00 | 3.58 | 140,510.0 |
| GRAVITA INDIA LTD | 588.93 | 11.32 | 6,667.7 |
| SHIVALIK BIMETAL CONTROLS LTD | 265.50 | 12.14 | 3,224.1 |
| BHARAT WIRE ROPES LTD | 560.15 | 3.56 | 1,996.7 |
| RAM RATNA WIRES LTD | 311.65 | 4.65 | 1,450.5 |
| NILE LTD | 199.62 | 2.02 | 402.6 |
| RAJNANDINI METAL LTD | 41.43 | 7.74 | 320.7 |
| SHERA ENERGY LTD | 89.14 | 4.57 | 407.6 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN COPPER 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.44x |
| Max industry PB | 16.59x |
| Median industry PB | 4.65x |
| Average industry PB | 7.34x |
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