HINDUSTAN TIN WORKS
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The Current P/B Ratio of HINDUSTAN TIN WORKS is 0.97.
Share Price | ₹191.6 | Dec 20,2024 |
Market Cap | ₹199.2 Cr | |
Book Value | ₹204.9 Cr | Mar2024 - Standalone Results |
Price/Book | 0.97x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN TIN WORKS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹199.2 Cr] as on Dec 20,2024
(/) Book Value [ ₹204.9 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 0.97x ]
Thus, for HINDUSTAN TIN WORKS , the investors are currently willing to pay '0.97 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 TIN WORKS !
The chart below summarizes the trend in P/B Ratio of HINDUSTAN TIN WORKS over the last five years.
Historical PB (Price/Book ) ratio chart of HINDUSTAN TIN WORKS
PB Ratio Performance Analysis for HINDUSTAN TIN WORKS
- HINDUSTAN TIN WORKS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.48x.
- HINDUSTAN TIN WORKS 's operated at median p/b ratio of 0.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN TIN WORKS 's p/b ratio peaked in Mar2024 at 0.82x.
- HINDUSTAN TIN WORKS 's p/b ratio hit its five-year low in Mar2020 of 0.21x.
How does HINDUSTAN TIN WORKS '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 |
---|---|---|---|
HINDUSTAN TIN WORKS | 204.90 | 0.97 | 199.2 |
BHARAT ELECTRONICS LTD | 16,326.50 | 13.02 | 212,641.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.35 | 81,915.5 |
THERMAX LTD | 4,433.83 | 12.49 | 55,395.2 |
TRIVENI TURBINE LTD | 959.07 | 25.03 | 24,007.7 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 5.64 | 15,013.6 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 8.41 | 13,496.5 |
PRAJ INDUSTRIES LTD | 1,274.47 | 11.68 | 14,883.3 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.70 | 9,050.7 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 9.99 | 17,169.8 |
TEGA INDUSTRIES LTD | 1,191.80 | 9.04 | 10,770.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN TIN WORKS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.97x |
Max industry PB | 25.03x |
Median industry PB | 9.04x |
Average industry PB | 9.48x |
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