HONEYWELL AUTOMATION INDIA
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The Current P/B Ratio of HONEYWELL AUTOMATION INDIA is 12.44.
Share Price | ₹44,889.2 | Apr 24,2024 |
Market Cap | ₹39,502.5 Cr | |
Book Value | ₹3,175.5 Cr | Mar2023 - Standalone Results |
Price/Book | 12.44x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HONEYWELL AUTOMATION INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹39,502.5 Cr] as on Apr 24,2024
(/) Book Value [ ₹3,175.5 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 12.44x ]
Thus, for HONEYWELL AUTOMATION INDIA , the investors are currently willing to pay '12.44 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 HONEYWELL AUTOMATION INDIA !
The chart below summarizes the trend in P/B Ratio of HONEYWELL AUTOMATION INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of HONEYWELL AUTOMATION INDIA
PB Ratio Performance Analysis for HONEYWELL AUTOMATION INDIA
- HONEYWELL AUTOMATION INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.13x.
- HONEYWELL AUTOMATION INDIA 's operated at median p/b ratio of 11.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HONEYWELL AUTOMATION INDIA 's p/b ratio peaked in Mar2021 at 16.3x.
- HONEYWELL AUTOMATION INDIA 's p/b ratio hit its five-year low in Mar2023 of 10.14x.
How does HONEYWELL AUTOMATION INDIA 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?
Peer Comparison (Consumer Durables - Electronics Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HONEYWELL AUTOMATION INDIA | 3,175.54 | 12.44 | 39,502.5 |
DIXON TECHNOLOGIES (INDIA) LTD | 1,268.07 | 38.45 | 48,761.5 |
WONDER ELECTRICALS LTD | 59.62 | 25.56 | 1,523.7 |
MIRC ELECTRONICS LTD | 190.85 | 2.66 | 507.9 |
Consumer Durables - Electronics Industry Benchmark (Top 10) PB Analysis vs HONEYWELL AUTOMATION INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.66x |
Max industry PB | 38.45x |
Median industry PB | 25.56x |
Average industry PB | 19.78x |
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