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HONDA INDIA POWER PRODUCTS
PB (Price/Book ) Ratio

The Current P/B Ratio of HONDA INDIA POWER PRODUCTS is 2.99.

Share Price ₹2,181.5Mar 27,2024
Market Cap ₹2,203.3 Cr
Book Value₹736.7 CrMar2023 - Standalone Results
Price/Book 2.99xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HONDA INDIA POWER PRODUCTS

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

Applying the above formula, P/B ratio of HONDA INDIA POWER PRODUCTS is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 2.99x.

- 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 ValuePB RatioMarket Cap
HONDA INDIA POWER PRODUCTS 736.742.992,203.3
SIEMENS LTD13,087.1014.38188,224.0
HAVELLS INDIA LTD6,623.1514.0893,264.3
ABB INDIA LTD5,944.6022.39133,073.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,784.4946.9683,797.1
HITACHI ENERGY INDIA LTD1,215.3124.3829,628.4
SUZLON ENERGY LTD1,099.1447.7452,476.9
VGUARD INDUSTRIES LTD1,564.789.1814,363.0
APAR INDUSTRIES LTD2,236.3912.6228,231.9
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD137.69123.8217,049.3
INOX WIND LTD1,736.319.9717,307.9

Electric Equipment Industry Benchmark (Top 10) PB Analysis vs HONDA INDIA POWER PRODUCTS 's P/B Ratio

Top 10 Industry PeersPB 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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