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HINDUSTAN ZINC
PB (Price/Book ) Ratio

The Current P/B Ratio of HINDUSTAN ZINC is 13.65.

Share Price ₹490.7Dec 17,2024
Market Cap ₹207,335.5 Cr
Book Value₹15,195.0 CrMar2024 - Consolidated Results
Price/Book 13.65xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN ZINC

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 ZINC is calculated as :

Current Market Cap [ ₹207,335.5 Cr] as on Dec 17,2024

(/) Book Value [ ₹15,195.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 13.65x ]

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

Thus, for HINDUSTAN ZINC , the investors are currently willing to pay '13.65 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 ZINC !

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

Historical PB (Price/Book ) ratio chart of HINDUSTAN ZINC


PB Ratio Performance Analysis for HINDUSTAN ZINC

- HINDUSTAN ZINC 's latest p/b ratio is 13.65x.

- HINDUSTAN ZINC 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 6.28x.

- HINDUSTAN ZINC 's operated at median p/b ratio of 8.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, HINDUSTAN ZINC 's p/b ratio peaked in Mar2023 at 9.59x.

- HINDUSTAN ZINC 's p/b ratio hit its five-year low in Mar2021 of 3.57x.


How does HINDUSTAN ZINC 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Book ValuePB RatioMarket Cap
HINDUSTAN ZINC 15,195.0013.65207,335.5
HINDALCO INDUSTRIES LTD106,386.001.35143,485.0
VEDANTA LTD30,509.006.45196,732.0
HINDUSTAN COPPER LTD2,285.1112.0527,540.8
GRAVITA INDIA LTD837.4018.5515,534.2
SHIVALIK BIMETAL CONTROLS LTD341.5110.573,608.0
BHARAT WIRE ROPES LTD657.042.371,555.5
RAM RATNA WIRES LTD409.666.532,676.1
NILE LTD229.862.59595.0
RAJNANDINI METAL LTD56.714.37248.0
SHERA ENERGY LTD106.924.12440.7

Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN ZINC 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.35x
Max industry PB 18.55x
Median industry PB 6.45x
Average industry PB 7.51x



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