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HINDUSTAN PETROLEUM CORPORATION
PB (Price/Book ) Ratio

The Current P/B Ratio of HINDUSTAN PETROLEUM CORPORATION is 1.87.

Share Price ₹412.5Jan 02,2025
Market Cap ₹87,761.1 Cr
Book Value₹46,921.4 CrMar2024 - Consolidated Results
Price/Book 1.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN PETROLEUM CORPORATION

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 HINDUSTAN PETROLEUM CORPORATION is calculated as :

Current Market Cap [ ₹87,761.1 Cr] as on Jan 02,2025

(/) Book Value [ ₹46,921.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 1.87x ]

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

Thus, for HINDUSTAN PETROLEUM CORPORATION , the investors are currently willing to pay '1.87 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 HINDUSTAN PETROLEUM CORPORATION !

The chart below summarizes the trend in P/B Ratio of HINDUSTAN PETROLEUM CORPORATION over the last five years.

Historical PB (Price/Book ) ratio chart of HINDUSTAN PETROLEUM CORPORATION


PB Ratio Performance Analysis for HINDUSTAN PETROLEUM CORPORATION

- HINDUSTAN PETROLEUM CORPORATION 's latest p/b ratio is 1.87x.

- HINDUSTAN PETROLEUM CORPORATION 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.05x.

- HINDUSTAN PETROLEUM CORPORATION 's operated at median p/b ratio of 0.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN PETROLEUM CORPORATION 's p/b ratio peaked in Mar2024 at 1.44x.

- HINDUSTAN PETROLEUM CORPORATION 's p/b ratio hit its five-year low in Mar2021 of 0.89x.


How does HINDUSTAN PETROLEUM CORPORATION 's P/B Ratio benchmark against top 10 peers in Refineries Industry?

Peer Comparison (Refineries Industry)Book ValuePB RatioMarket Cap
HINDUSTAN PETROLEUM CORPORATION 46,921.401.8787,761.1
RELIANCE INDUSTRIES LTD792,701.002.121,680,250.0
INDIAN OIL CORPORATION LTD183,416.001.06194,732.0
BHARAT PETROLEUM CORPORATION LTD75,635.101.70128,809.0
MANGALORE REFINERY AND PETROCHEMICALS LTD13,282.501.9726,218.9
CHENNAI PETROLEUM CORPORATION LTD8,820.921.079,443.2

Refineries Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN PETROLEUM CORPORATION 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.06x
Max industry PB 2.12x
Median industry PB 1.87x
Average industry PB 1.63x



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