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HARSHIL AGROTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of HARSHIL AGROTECH is 30.89.

Share Price ₹5.0Apr 04,2025
Market Cap ₹352.8 Cr
Book Value₹11.4 CrMar2024 - Standalone Results
Price/Book 30.89xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HARSHIL AGROTECH

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 HARSHIL AGROTECH is calculated as :

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 ]

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

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 latest p/b ratio is 30.89x.

- 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 ValuePB RatioMarket Cap
HARSHIL AGROTECH 11.4230.89352.8
BHARAT HEAVY ELECTRICALS LTD24,438.703.0574,655.4
THERMAX LTD4,433.839.5542,333.9
JYOTI CNC AUTOMATION LTD1,364.6317.0423,254.0
TRIVENI TURBINE LTD959.0717.1916,485.1
KIRLOSKAR BROTHERS LTD1,718.957.8413,481.2
ELECON ENGINEERING COMPANY LTD1,604.036.089,749.1
PRAJ INDUSTRIES LTD1,274.477.359,364.4
KIRLOSKAR OIL ENGINES LTD2,660.153.9510,495.0
TEGA INDUSTRIES LTD1,191.807.859,354.9
SHRIRAM PISTONS & RINGS LTD1,925.674.188,042.8

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs HARSHIL AGROTECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.05x
Max industry PB 30.89x
Median industry PB 7.84x
Average industry PB 10.45x



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