HOUSING & URBAN DEVELOPMENT CORPORATION
|
The Current P/B Ratio of HOUSING & URBAN DEVELOPMENT CORPORATION is 2.43.
Share Price | ₹187.3 | Mar 28,2024 |
Market Cap | ₹37,495.6 Cr | |
Book Value | ₹15,443.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.43x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HOUSING & URBAN DEVELOPMENT CORPORATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹37,495.6 Cr] as on Mar 28,2024
(/) Book Value [ ₹15,443.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.43x ]
Thus, for HOUSING & URBAN DEVELOPMENT CORPORATION , the investors are currently willing to pay '2.43 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 HOUSING & URBAN DEVELOPMENT CORPORATION !
The chart below summarizes the trend in P/B Ratio of HOUSING & URBAN DEVELOPMENT CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of HOUSING & URBAN DEVELOPMENT CORPORATION
PB Ratio Performance Analysis for HOUSING & URBAN DEVELOPMENT CORPORATION
- HOUSING & URBAN DEVELOPMENT CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.56x.
- HOUSING & URBAN DEVELOPMENT CORPORATION 's operated at median p/b ratio of 0.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HOUSING & URBAN DEVELOPMENT CORPORATION 's p/b ratio peaked in Mar2019 at 0.82x.
- HOUSING & URBAN DEVELOPMENT CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 0.32x.
How does HOUSING & URBAN DEVELOPMENT CORPORATION 's P/B Ratio benchmark against top 10 peers in Finance - Housing Industry?
Peer Comparison (Finance - Housing Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HOUSING & URBAN DEVELOPMENT CORPORATION | 15,443.60 | 2.43 | 37,495.6 |
LIC HOUSING FINANCE LTD | 27,184.70 | 1.24 | 33,611.6 |
PNB HOUSING FINANCE LTD | 10,963.70 | 1.49 | 16,344.4 |
APTUS VALUE HOUSING FINANCE INDIA LTD | 3,331.20 | 4.63 | 15,406.8 |
INDIABULLS HOUSING FINANCE LTD | 17,185.60 | 0.72 | 12,432.0 |
AAVAS FINANCIERS LTD | 3,225.46 | 3.23 | 10,412.4 |
CAN FIN HOMES LTD | 3,647.28 | 2.75 | 10,021.2 |
HOME FIRST FINANCE COMPANY INDIA LTD | 1,793.35 | 4.43 | 7,947.9 |
INDIA SHELTER FINANCE CORPORATION LTD | 1,223.92 | 5.46 | 6,680.5 |
REPCO HOME FINANCE LTD | 2,589.17 | 0.97 | 2,506.5 |
GIC HOUSING FINANCE LTD | 1,699.30 | 0.64 | 1,084.6 |
Finance - Housing Industry Benchmark (Top 10) PB Analysis vs HOUSING & URBAN DEVELOPMENT CORPORATION 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.64x |
Max industry PB | 5.46x |
Median industry PB | 2.43x |
Average industry PB | 2.54x |
You may also like the below Video Courses