HG INFRA ENGINEERING
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The Current P/B Ratio of HG INFRA ENGINEERING is 3.40.
Share Price | ₹1,279.8 | Nov 21,2024 |
Market Cap | ₹8,344.0 Cr | |
Book Value | ₹2,455.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.40x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HG INFRA ENGINEERING
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,344.0 Cr] as on Nov 21,2024
(/) Book Value [ ₹2,455.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.40x ]
Thus, for HG INFRA ENGINEERING , the investors are currently willing to pay '3.40 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 HG INFRA ENGINEERING !
The chart below summarizes the trend in P/B Ratio of HG INFRA ENGINEERING over the last five years.
Historical PB (Price/Book ) ratio chart of HG INFRA ENGINEERING
PB Ratio Performance Analysis for HG INFRA ENGINEERING
- HG INFRA ENGINEERING 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.15x.
- HG INFRA ENGINEERING 's operated at median p/b ratio of 2.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HG INFRA ENGINEERING 's p/b ratio peaked in Mar2023 at 2.65x.
- HG INFRA ENGINEERING 's p/b ratio hit its five-year low in Mar2020 of 1.35x.
How does HG INFRA ENGINEERING 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HG INFRA ENGINEERING | 2,455.03 | 3.40 | 8,344.0 |
LARSEN & TOUBRO LTD | 85,808.70 | 5.58 | 478,889.0 |
RAIL VIKAS NIGAM LTD | 8,745.68 | 10.05 | 87,914.9 |
GMR AIRPORTS INFRASTRUCTURE LTD | -2,164.16 | -37.47 | 81,092.9 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,744.50 | 2.01 | 27,682.8 |
IRCON INTERNATIONAL LTD | 5,870.92 | 2.98 | 17,474.8 |
KEC INTERNATIONAL LTD | 4,095.70 | 6.45 | 26,409.7 |
KALPATARU PROJECTS INTERNATIONAL LTD | 5,137.99 | 3.62 | 18,581.4 |
NCC LTD | 6,639.70 | 2.57 | 17,090.0 |
GR INFRAPROJECTS LTD | 7,584.66 | 1.96 | 14,844.8 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 963.20 | 11.37 | 10,951.7 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs HG INFRA ENGINEERING 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -37.47x |
Max industry PB | 11.37x |
Median industry PB | 3.40x |
Average industry PB | 1.14x |
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