HMT
|
The Current P/B Ratio of HMT is -4.35.
Share Price | ₹63.3 | Dec 26,2024 |
Market Cap | ₹7,623.2 Cr | |
Book Value | ₹-1,752.0 Cr | Mar2024 - Consolidated Results |
Price/Book | -4.35x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HMT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HMT | -1,752.03 | -4.35 | 7,623.2 |
BHARAT ELECTRONICS LTD | 16,326.50 | 13.22 | 215,894.0 |
BHARAT HEAVY ELECTRICALS LTD | 24,438.70 | 3.45 | 84,196.3 |
THERMAX LTD | 4,433.83 | 12.04 | 53,373.1 |
TRIVENI TURBINE LTD | 959.07 | 24.47 | 23,465.7 |
KIRLOSKAR OIL ENGINES LTD | 2,660.15 | 5.59 | 14,859.0 |
ELECON ENGINEERING COMPANY LTD | 1,604.03 | 8.98 | 14,402.0 |
PRAJ INDUSTRIES LTD | 1,274.47 | 11.73 | 14,947.7 |
SHRIRAM PISTONS & RINGS LTD | 1,925.67 | 4.73 | 9,108.4 |
KIRLOSKAR BROTHERS LTD | 1,718.95 | 9.19 | 15,803.6 |
TEGA INDUSTRIES LTD | 1,191.80 | 8.60 | 10,247.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PB Analysis vs HMT 's P/B Ratio
Top 10 Industry Peers | PB 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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