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HONEYWELL AUTOMATION INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of HONEYWELL AUTOMATION INDIA is 12.44.

Share Price ₹44,889.2Apr 24,2024
Market Cap ₹39,502.5 Cr
Book Value₹3,175.5 CrMar2023 - Standalone Results
Price/Book 12.44xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HONEYWELL AUTOMATION INDIA

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 HONEYWELL AUTOMATION INDIA is calculated as :

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 ]

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

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 latest p/b ratio is 12.44x.

- 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 ValuePB RatioMarket Cap
HONEYWELL AUTOMATION INDIA 3,175.5412.4439,502.5
DIXON TECHNOLOGIES (INDIA) LTD1,268.0738.4548,761.5
WONDER ELECTRICALS LTD59.6225.561,523.7
MIRC ELECTRONICS LTD190.852.66507.9

Consumer Durables - Electronics Industry Benchmark (Top 10) PB Analysis vs HONEYWELL AUTOMATION INDIA 's P/B Ratio

Top 10 Industry PeersPB 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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