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HUHTAMAKI INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of HUHTAMAKI INDIA is 2.03.

Share Price ₹307.4Apr 26,2024
Market Cap ₹2,320.9 Cr
Book Value₹1,145.9 CrDec2023 - Standalone Results
Price/Book 2.03xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HUHTAMAKI 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 HUHTAMAKI INDIA is calculated as :

Current Market Cap [ ₹2,320.9 Cr] as on Apr 26,2024

(/) Book Value [ ₹1,145.9 Cr] based on Dec2023 - Standalone Results

(=) P/B Ratio [ 2.03x ]

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

Thus, for HUHTAMAKI INDIA , the investors are currently willing to pay '2.03 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 HUHTAMAKI INDIA !

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

Historical PB (Price/Book ) ratio chart of HUHTAMAKI INDIA


PB Ratio Performance Analysis for HUHTAMAKI INDIA

- HUHTAMAKI INDIA 's latest p/b ratio is 2.03x.

- HUHTAMAKI INDIA 's p/b ratio for fiscal years ending Dec2023 to Dec2019 averaged 2.42x.

- HUHTAMAKI INDIA 's operated at median p/b ratio of 2.43x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HUHTAMAKI INDIA 's p/b ratio peaked in Dec2020 at 3.11x.

- HUHTAMAKI INDIA 's p/b ratio hit its five-year low in Dec2023 of 1.89x.


How does HUHTAMAKI INDIA 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
HUHTAMAKI INDIA 1,145.872.032,320.9
ASTRAL LTD2,709.2020.2254,782.4
SUPREME INDUSTRIES LTD4,402.1212.7055,921.0
FINOLEX INDUSTRIES LTD4,903.073.4616,951.4
RESPONSIVE INDUSTRIES LTD1,003.387.657,675.7
PRINCE PIPES AND FITTINGS LTD1,363.965.157,023.4
EPL LTD1,956.602.955,780.2
JAI CORP LTD1,431.823.965,663.1
TIME TECHNOPLAST LTD2,265.812.736,175.9
GARWARE HITECH FILMS LTD1,855.822.204,074.4
JAIN IRRIGATION SYSTEMS LTD5,135.800.773,960.8

Plastic Products Industry Benchmark (Top 10) PB Analysis vs HUHTAMAKI INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.77x
Max industry PB 20.22x
Median industry PB 3.46x
Average industry PB 5.80x



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