HLE GLASCOAT
|
The Current P/B Ratio of HLE GLASCOAT is 5.91.
Share Price | ₹360.6 | Nov 22,2024 |
Market Cap | ₹2,462.9 Cr | |
Book Value | ₹416.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.91x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HLE GLASCOAT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,462.9 Cr] as on Nov 22,2024
(/) Book Value [ ₹416.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.91x ]
Thus, for HLE GLASCOAT , the investors are currently willing to pay '5.91 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 HLE GLASCOAT !
The chart below summarizes the trend in P/B Ratio of HLE GLASCOAT over the last five years.
Historical PB (Price/Book ) ratio chart of HLE GLASCOAT
PB Ratio Performance Analysis for HLE GLASCOAT
- HLE GLASCOAT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.25x.
- HLE GLASCOAT 's operated at median p/b ratio of 10.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HLE GLASCOAT 's p/b ratio peaked in Mar2022 at 29.43x.
- HLE GLASCOAT 's p/b ratio hit its five-year low in Mar2024 of 6.69x.
How does HLE GLASCOAT '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 |
---|---|---|---|
HLE GLASCOAT | 416.80 | 5.91 | 2,462.9 |
BHARAT ELECTRONICS LTD | 16,326.50 | 12.57 | 205,259.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.34 | 81,619.6 |
THERMAX LTD | 4,433.83 | 12.06 | 53,483.9 |
TRIVENI TURBINE LTD | 959.07 | 22.76 | 21,825.4 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 5.82 | 15,472.6 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 7.85 | 12,584.3 |
PRAJ INDUSTRIES LTD | 1,274.47 | 11.27 | 14,361.3 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.55 | 8,765.7 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 10.05 | 17,276.2 |
TEGA INDUSTRIES LTD | 1,191.80 | 9.51 | 11,338.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs HLE GLASCOAT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.34x |
Max industry PB | 22.76x |
Median industry PB | 9.51x |
Average industry PB | 9.61x |
You may also like the below Video Courses