HARDWYN INDIA
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The Current P/B Ratio of HARDWYN INDIA is 3.10.
Share Price | ₹34.0 | Nov 21,2024 |
Market Cap | ₹1,186.3 Cr | |
Book Value | ₹382.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.10x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HARDWYN INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,186.3 Cr] as on Nov 21,2024
(/) Book Value [ ₹382.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.10x ]
Thus, for HARDWYN INDIA , the investors are currently willing to pay '3.10 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 HARDWYN INDIA !
The chart below summarizes the trend in P/B Ratio of HARDWYN INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of HARDWYN INDIA
PB Ratio Performance Analysis for HARDWYN INDIA
- HARDWYN INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2023 averaged 1.80x.
- HARDWYN INDIA 's operated at median p/b ratio of 1.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 1 fiscal years, HARDWYN INDIA 's p/b ratio peaked in Mar2023 at 1.8x.
- HARDWYN INDIA 's p/b ratio hit its five-year low in Mar2023 of 1.8x.
How does HARDWYN INDIA 's P/B Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?
Peer Comparison (Aluminium & Aluminium Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HARDWYN INDIA | 382.48 | 3.10 | 1,186.3 |
NATIONAL ALUMINIUM COMPANY LTD | 14,388.10 | 3.17 | 45,566.8 |
ARFIN INDIA LTD | 96.36 | 6.10 | 588.0 |
MAAN ALUMINIUM LTD | 163.09 | 4.82 | 786.4 |
MMP INDUSTRIES LTD | 288.99 | 2.71 | 784.3 |
PG FOILS LTD | 314.26 | 0.67 | 211.7 |
MANAKSIA ALUMINIUM COMPANY LTD | 129.81 | 1.27 | 165.3 |
CENTURY EXTRUSIONS LTD | 73.05 | 2.29 | 167.0 |
Aluminium & Aluminium Products Industry Benchmark (Top 10) PB Analysis vs HARDWYN INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.67x |
Max industry PB | 6.10x |
Median industry PB | 3.10x |
Average industry PB | 3.02x |
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