HEIDELBERG CEMENT INDIA
|
The Current P/B Ratio of HEIDELBERG CEMENT INDIA is 3.50.
Share Price | ₹226.9 | Jan 27,2025 |
Market Cap | ₹5,141.6 Cr | |
Book Value | ₹1,469.8 Cr | Mar2024 - Standalone Results |
Price/Book | 3.50x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HEIDELBERG CEMENT INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,141.6 Cr] as on Jan 27,2025
(/) Book Value [ ₹1,469.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 3.50x ]
Thus, for HEIDELBERG CEMENT INDIA , the investors are currently willing to pay '3.50 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 HEIDELBERG CEMENT INDIA !
The chart below summarizes the trend in P/B Ratio of HEIDELBERG CEMENT INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of HEIDELBERG CEMENT INDIA
PB Ratio Performance Analysis for HEIDELBERG CEMENT INDIA
- HEIDELBERG CEMENT INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.85x.
- HEIDELBERG CEMENT INDIA 's operated at median p/b ratio of 2.74x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEIDELBERG CEMENT INDIA 's p/b ratio peaked in Mar2021 at 3.54x.
- HEIDELBERG CEMENT INDIA 's p/b ratio hit its five-year low in Mar2020 of 2.45x.
How does HEIDELBERG CEMENT INDIA 's P/B Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
Peer Comparison (Cement & Construction Materials Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HEIDELBERG CEMENT INDIA | 1,469.83 | 3.50 | 5,141.6 |
ULTRATECH CEMENT LTD | 60,105.50 | 5.40 | 324,502.0 |
AMBUJA CEMENTS LTD | 38,675.40 | 3.41 | 131,691.0 |
SHREE CEMENT LTD | 20,702.90 | 4.37 | 90,427.0 |
ACC LTD | 16,329.70 | 2.30 | 37,498.3 |
DALMIA BHARAT LTD | 16,396.00 | 2.05 | 33,688.6 |
JK CEMENT LTD | 5,367.14 | 6.88 | 36,935.4 |
THE RAMCO CEMENTS LTD | 7,237.90 | 2.88 | 20,830.3 |
NUVOCO VISTAS CORPORATION LTD | 8,983.52 | 1.36 | 12,248.7 |
JK LAKSHMI CEMENT LTD | 3,186.65 | 3.04 | 9,692.5 |
STAR CEMENT LTD | 2,710.12 | 3.20 | 8,669.7 |
Cement & Construction Materials Industry Benchmark (Top 10) PB Analysis vs HEIDELBERG CEMENT INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.36x |
Max industry PB | 6.88x |
Median industry PB | 3.20x |
Average industry PB | 3.49x |
You may also like the below Video Courses