HONDA INDIA POWER PRODUCTS
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The Current P/B Ratio of HONDA INDIA POWER PRODUCTS is 2.99.
Share Price | ₹2,181.5 | Mar 27,2024 |
Market Cap | ₹2,203.3 Cr | |
Book Value | ₹736.7 Cr | Mar2023 - Standalone Results |
Price/Book | 2.99x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HONDA INDIA POWER PRODUCTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,203.3 Cr] as on Mar 27,2024
(/) Book Value [ ₹736.7 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 2.99x ]
Thus, for HONDA INDIA POWER PRODUCTS , the investors are currently willing to pay '2.99 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 HONDA INDIA POWER PRODUCTS !
The chart below summarizes the trend in P/B Ratio of HONDA INDIA POWER PRODUCTS over the last five years.
Historical PB (Price/Book ) ratio chart of HONDA INDIA POWER PRODUCTS
PB Ratio Performance Analysis for HONDA INDIA POWER PRODUCTS
- HONDA INDIA POWER PRODUCTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.97x.
- HONDA INDIA POWER PRODUCTS 's operated at median p/b ratio of 1.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HONDA INDIA POWER PRODUCTS 's p/b ratio peaked in Mar2023 at 2.77x.
- HONDA INDIA POWER PRODUCTS 's p/b ratio hit its five-year low in Mar2020 of 1.49x.
How does HONDA INDIA POWER PRODUCTS 's P/B Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HONDA INDIA POWER PRODUCTS | 736.74 | 2.99 | 2,203.3 |
SIEMENS LTD | 13,087.10 | 14.38 | 188,224.0 |
HAVELLS INDIA LTD | 6,623.15 | 14.08 | 93,264.3 |
ABB INDIA LTD | 5,944.60 | 22.39 | 133,073.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,784.49 | 46.96 | 83,797.1 |
HITACHI ENERGY INDIA LTD | 1,215.31 | 24.38 | 29,628.4 |
SUZLON ENERGY LTD | 1,099.14 | 47.74 | 52,476.9 |
VGUARD INDUSTRIES LTD | 1,564.78 | 9.18 | 14,363.0 |
APAR INDUSTRIES LTD | 2,236.39 | 12.62 | 28,231.9 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 137.69 | 123.82 | 17,049.3 |
INOX WIND LTD | 1,736.31 | 9.97 | 17,307.9 |
Electric Equipment Industry Benchmark (Top 10) PB Analysis vs HONDA INDIA POWER PRODUCTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.99x |
Max industry PB | 123.82x |
Median industry PB | 14.38x |
Average industry PB | 29.86x |
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