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HINDWARE HOME INNOVATION
PB (Price/Book ) Ratio

The Current P/B Ratio of HINDWARE HOME INNOVATION is 3.82.

Share Price ₹272.9Nov 21,2024
Market Cap ₹2,281.4 Cr
Book Value₹597.8 CrMar2024 - Consolidated Results
Price/Book 3.82xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HINDWARE HOME INNOVATION

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 HINDWARE HOME INNOVATION is calculated as :

Current Market Cap [ ₹2,281.4 Cr] as on Nov 21,2024

(/) Book Value [ ₹597.8 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.82x ]

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

Thus, for HINDWARE HOME INNOVATION , the investors are currently willing to pay '3.82 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 HINDWARE HOME INNOVATION !

The chart below summarizes the trend in P/B Ratio of HINDWARE HOME INNOVATION over the last five years.

Historical PB (Price/Book ) ratio chart of HINDWARE HOME INNOVATION


PB Ratio Performance Analysis for HINDWARE HOME INNOVATION

- HINDWARE HOME INNOVATION 's latest p/b ratio is 3.82x.

- HINDWARE HOME INNOVATION 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.34x.

- HINDWARE HOME INNOVATION 's operated at median p/b ratio of 4.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDWARE HOME INNOVATION 's p/b ratio peaked in Mar2021 at 5.96x.

- HINDWARE HOME INNOVATION 's p/b ratio hit its five-year low in Mar2020 of 1.78x.


How does HINDWARE HOME INNOVATION 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?

Peer Comparison (Consumer Durables - Domestic Appliances Industry)Book ValuePB RatioMarket Cap
HINDWARE HOME INNOVATION 597.833.822,281.4
CROMPTON GREAVES CONSUMER ELECTRICALS LTD2,923.808.4124,595.9
WHIRLPOOL OF INDIA LTD3,606.066.1222,077.0
BAJAJ ELECTRICALS LTD1,414.206.168,708.2
TTK PRESTIGE LTD2,087.335.5911,662.0
EUREKA FORBES LTD4,191.162.6210,974.1
SYMPHONY LTD749.0112.639,461.2
IFB INDUSTRIES LTD717.618.796,308.8
BOROSIL LTD575.078.905,117.8
PG ELECTROPLAST LTD1,019.9517.5317,878.8
ORIENT ELECTRIC LTD636.387.524,785.8

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs HINDWARE HOME INNOVATION 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.62x
Max industry PB 17.53x
Median industry PB 7.52x
Average industry PB 8.01x



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