HINDWARE HOME INNOVATION
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The Current P/B Ratio of HINDWARE HOME INNOVATION is 3.82.
Share Price | ₹272.9 | Nov 21,2024 |
Market Cap | ₹2,281.4 Cr | |
Book Value | ₹597.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.82x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HINDWARE HOME INNOVATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HINDWARE HOME INNOVATION | 597.83 | 3.82 | 2,281.4 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 2,923.80 | 8.41 | 24,595.9 |
WHIRLPOOL OF INDIA LTD | 3,606.06 | 6.12 | 22,077.0 |
BAJAJ ELECTRICALS LTD | 1,414.20 | 6.16 | 8,708.2 |
TTK PRESTIGE LTD | 2,087.33 | 5.59 | 11,662.0 |
EUREKA FORBES LTD | 4,191.16 | 2.62 | 10,974.1 |
SYMPHONY LTD | 749.01 | 12.63 | 9,461.2 |
IFB INDUSTRIES LTD | 717.61 | 8.79 | 6,308.8 |
BOROSIL LTD | 575.07 | 8.90 | 5,117.8 |
PG ELECTROPLAST LTD | 1,019.95 | 17.53 | 17,878.8 |
ORIENT ELECTRIC LTD | 636.38 | 7.52 | 4,785.8 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PB Analysis vs HINDWARE HOME INNOVATION 's P/B Ratio
Top 10 Industry Peers | PB 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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