Home > PB Ratio > HP ADHESIVES

HP ADHESIVES
PB (Price/Book ) Ratio

The Current P/B Ratio of HP ADHESIVES is 6.54.

Share Price ₹105.5Apr 25,2024
Market Cap ₹969.9 Cr
Book Value₹148.3 CrMar2023 - Standalone Results
Price/Book 6.54xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for HP ADHESIVES
Please provide your vote to see the results
HP ADHESIVES is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of HP ADHESIVES

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 HP ADHESIVES is calculated as :

Current Market Cap [ ₹969.9 Cr] as on Apr 25,2024

(/) Book Value [ ₹148.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 6.54x ]

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

Thus, for HP ADHESIVES , the investors are currently willing to pay '6.54 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 HP ADHESIVES !

The chart below summarizes the trend in P/B Ratio of HP ADHESIVES over the last five years.

Historical PB (Price/Book ) ratio chart of HP ADHESIVES


PB Ratio Performance Analysis for HP ADHESIVES

- HP ADHESIVES 's latest p/b ratio is 6.54x.

- HP ADHESIVES 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 2.43x.

- HP ADHESIVES 's operated at median p/b ratio of 4.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, HP ADHESIVES 's p/b ratio peaked in Mar2022 at 5.25x.

- HP ADHESIVES 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does HP ADHESIVES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
HP ADHESIVES 148.296.54969.9
PIDILITE INDUSTRIES LTD7,168.6420.70148,412.0
SOLAR INDUSTRIES INDIA LTD2,610.3430.5079,616.3
SRF LTD10,315.407.5878,229.5
GUJARAT FLUOROCHEMICALS LTD5,520.727.2840,165.0
DEEPAK NITRITE LTD4,089.968.0833,033.7
TATA CHEMICALS LTD19,721.001.4428,335.3
GODREJ INDUSTRIES LTD7,974.133.6328,935.2
AARTI INDUSTRIES LTD4,920.065.5527,307.4
ATUL LTD4,671.383.7017,307.0
VINATI ORGANICS LTD2,218.297.4916,624.3

Chemicals Industry Benchmark (Top 10) PB Analysis vs HP ADHESIVES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.44x
Max industry PB 30.50x
Median industry PB 7.28x
Average industry PB 9.32x



You may also like the below Video Courses