HARSHIL AGROTECH
|
The Current P/B Ratio of HARSHIL AGROTECH is 30.89.
Share Price | ₹5.0 | Apr 04,2025 |
Market Cap | ₹352.8 Cr | |
Book Value | ₹11.4 Cr | Mar2024 - Standalone Results |
Price/Book | 30.89x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HARSHIL AGROTECH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹352.8 Cr] as on Apr 04,2025
(/) Book Value [ ₹11.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 30.89x ]
Thus, for HARSHIL AGROTECH , the investors are currently willing to pay '30.89 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 HARSHIL AGROTECH !
The chart below summarizes the trend in P/B Ratio of HARSHIL AGROTECH over the last five years.
Historical PB (Price/Book ) ratio chart of HARSHIL AGROTECH
PB Ratio Performance Analysis for HARSHIL AGROTECH
- HARSHIL AGROTECH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.20x.
- HARSHIL AGROTECH 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HARSHIL AGROTECH 's p/b ratio peaked in Mar2024 at 0.72x.
- HARSHIL AGROTECH 's p/b ratio hit its five-year low in Mar2020 of -0.03x.
How does HARSHIL AGROTECH 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HARSHIL AGROTECH | 11.42 | 30.89 | 352.8 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.05 | 74,655.4 |
THERMAX LTD | 4,433.83 | 9.55 | 42,333.9 |
JYOTI CNC AUTOMATION LTD | 1,364.63 | 17.04 | 23,254.0 |
TRIVENI TURBINE LTD | 959.07 | 17.19 | 16,485.1 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 7.84 | 13,481.2 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 6.08 | 9,749.1 |
PRAJ INDUSTRIES LTD | 1,274.47 | 7.35 | 9,364.4 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 3.95 | 10,495.0 |
TEGA INDUSTRIES LTD | 1,191.80 | 7.85 | 9,354.9 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.18 | 8,042.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs HARSHIL AGROTECH 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.05x |
Max industry PB | 30.89x |
Median industry PB | 7.84x |
Average industry PB | 10.45x |
You may also like the below Video Courses