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HMT
PB (Price/Book ) Ratio

The Current P/B Ratio of HMT is -4.35.

Share Price ₹63.3Dec 26,2024
Market Cap ₹7,623.2 Cr
Book Value₹-1,752.0 CrMar2024 - Consolidated Results
Price/Book -4.35xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HMT

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 HMT is calculated as :

Current Market Cap [ ₹7,623.2 Cr] as on Dec 26,2024

(/) Book Value [ ₹-1,752.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ -4.35x ]

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

Thus, for HMT , the investors are currently willing to pay '-4.35 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 HMT !

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

Historical PB (Price/Book ) ratio chart of HMT


PB Ratio Performance Analysis for HMT

- HMT 's latest p/b ratio is -4.35x.

- HMT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.32x.

- HMT 's operated at median p/b ratio of -0.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HMT 's p/b ratio peaked in Mar2020 at -0.07x.

- HMT 's p/b ratio hit its five-year low in Mar2024 of -0.88x.


How does HMT 's P/B Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Book ValuePB RatioMarket Cap
HMT -1,752.03-4.357,623.2
BHARAT ELECTRONICS LTD16,326.5013.22215,894.0
BHARAT HEAVY ELECTRICALS LTD24,438.703.4584,196.3
THERMAX LTD4,433.8312.0453,373.1
TRIVENI TURBINE LTD959.0724.4723,465.7
KIRLOSKAR OIL ENGINES LTD2,660.155.5914,859.0
ELECON ENGINEERING COMPANY LTD1,604.038.9814,402.0
PRAJ INDUSTRIES LTD1,274.4711.7314,947.7
SHRIRAM PISTONS & RINGS LTD1,925.674.739,108.4
KIRLOSKAR BROTHERS LTD1,718.959.1915,803.6
TEGA INDUSTRIES LTD1,191.808.6010,247.1

Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs HMT 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -4.35x
Max industry PB 24.47x
Median industry PB 8.98x
Average industry PB 8.88x



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