HINDUSTAN ZINC
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The Current P/B Ratio of HINDUSTAN ZINC is 13.65.
Share Price | ₹490.7 | Dec 17,2024 |
Market Cap | ₹207,335.5 Cr | |
Book Value | ₹15,195.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 13.65x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN ZINC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HINDUSTAN ZINC | 15,195.00 | 13.65 | 207,335.5 |
HINDALCO INDUSTRIES LTD | 106,386.00 | 1.35 | 143,485.0 |
VEDANTA LTD | 30,509.00 | 6.45 | 196,732.0 |
HINDUSTAN COPPER LTD | 2,285.11 | 12.05 | 27,540.8 |
GRAVITA INDIA LTD | 837.40 | 18.55 | 15,534.2 |
SHIVALIK BIMETAL CONTROLS LTD | 341.51 | 10.57 | 3,608.0 |
BHARAT WIRE ROPES LTD | 657.04 | 2.37 | 1,555.5 |
RAM RATNA WIRES LTD | 409.66 | 6.53 | 2,676.1 |
NILE LTD | 229.86 | 2.59 | 595.0 |
RAJNANDINI METAL LTD | 56.71 | 4.37 | 248.0 |
SHERA ENERGY LTD | 106.92 | 4.12 | 440.7 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN ZINC 's P/B Ratio
Top 10 Industry Peers | PB 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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