HINDUSTAN MOTORS
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The Current P/B Ratio of HINDUSTAN MOTORS is -67.26.
| Share Price | ₹29.1 | Apr 24,2024 |
| Market Cap | ₹607.7 Cr | |
| Book Value | ₹-9.0 Cr | Mar2023 - Standalone Results |
| Price/Book | -67.26x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN MOTORS
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 [ ₹607.7 Cr] as on Apr 24,2024
(/) Book Value [ ₹-9.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ -67.26x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for HINDUSTAN MOTORS , the investors are currently willing to pay '-67.26 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 MOTORS !
The chart below summarizes the trend in P/B Ratio of HINDUSTAN MOTORS over the last five years.
Thus, for HINDUSTAN MOTORS , the investors are currently willing to pay '-67.26 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 MOTORS !
The chart below summarizes the trend in P/B Ratio of HINDUSTAN MOTORS over the last five years.
Historical PB (Price/Book ) ratio chart of HINDUSTAN MOTORS
PB Ratio Performance Analysis for HINDUSTAN MOTORS
- HINDUSTAN MOTORS 's latest p/b ratio is -67.26x.
- HINDUSTAN MOTORS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -8.33x.
- HINDUSTAN MOTORS 's operated at median p/b ratio of -4.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN MOTORS 's p/b ratio peaked in Mar2020 at -1.64x.
- HINDUSTAN MOTORS 's p/b ratio hit its five-year low in Mar2023 of -16.67x.
- HINDUSTAN MOTORS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -8.33x.
- HINDUSTAN MOTORS 's operated at median p/b ratio of -4.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN MOTORS 's p/b ratio peaked in Mar2020 at -1.64x.
- HINDUSTAN MOTORS 's p/b ratio hit its five-year low in Mar2023 of -16.67x.
How does HINDUSTAN MOTORS 's P/B Ratio benchmark against top 10 peers in Automobiles - Passenger Cars Industry?
| Peer Comparison (Automobiles - Passenger Cars Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| HINDUSTAN MOTORS | -9.04 | -67.26 | 607.7 |
| MARUTI SUZUKI INDIA LTD | 61,791.30 | 6.58 | 406,835.0 |
| MAHINDRA & MAHINDRA LTD | 56,105.50 | 4.56 | 256,074.0 |
| MERCURY EVTECH LTD | 49.99 | 28.93 | 1,446.2 |
Automobiles - Passenger Cars Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN MOTORS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -67.26x |
| Max industry PB | 28.93x |
| Median industry PB | 6.58x |
| Average industry PB | -6.80x |
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