HMT
|
The Current P/B Ratio of HMT is -1.07.
| Share Price | ₹61.2 | Aug 24,2026 |
| Market Cap | ₹2,176.6 Cr | |
| Book Value | ₹-2,026.7 Cr | Mar2026 - Consolidated Results |
| Price/Book | -1.07x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of HMT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,176.6 Cr] as on Aug 24,2026
(/) Book Value [ ₹-2,026.7 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ -1.07x ]
Thus, for HMT , the investors are currently willing to pay '-1.07 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 HMT !
The chart below summarizes the trend in P/B Ratio of HMT over the last five years.
Historical PB (Price/Book ) ratio chart of HMT
PB Ratio Performance Analysis for HMT
- HMT 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged -0.49x.
- HMT 's operated at median p/b ratio of -0.23x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HMT 's p/b ratio peaked in Mar2023 at -0.2x.
- HMT 's p/b ratio hit its five-year low in Mar2025 of -0.9x.
How does HMT 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| HMT | -2,026.67 | -1.07 | 2,176.6 |
| BHARAT HEAVY ELECTRICALS LTD | 26,146.60 | 5.46 | 142,765.0 |
| THERMAX LTD | 5,541.73 | 8.55 | 47,389.1 |
| KIRLOSKAR OIL ENGINES LTD | 3,592.37 | 8.37 | 30,082.6 |
| TRIVENI TURBINE LTD | 1,442.53 | 12.72 | 18,344.3 |
| JYOTI CNC AUTOMATION LTD | 2,001.33 | 11.13 | 22,273.8 |
| INOX INDIA LTD | 1,107.73 | 15.83 | 17,531.0 |
| AZAD ENGINEERING LTD | 1,528.90 | 11.81 | 18,056.7 |
| TEGA INDUSTRIES LTD | 3,407.18 | 3.76 | 12,809.3 |
| ELECON ENGINEERING COMPANY LTD | 2,305.85 | 4.27 | 9,841.1 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 574.00 | 16.78 | 9,629.3 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs HMT 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -1.07x |
| Max industry PB | 16.78x |
| Median industry PB | 8.55x |
| Average industry PB | 8.87x |
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