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HONEYWELL AUTOMATION INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of HONEYWELL AUTOMATION INDIA is 10.06.

Share Price ₹41,028.4Nov 22,2024
Market Cap ₹36,105.0 Cr
Book Value₹3,589.6 CrMar2024 - Standalone Results
Price/Book 10.06xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HONEYWELL AUTOMATION INDIA

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 HONEYWELL AUTOMATION INDIA is calculated as :

Current Market Cap [ ₹36,105.0 Cr] as on Nov 22,2024

(/) Book Value [ ₹3,589.6 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 10.06x ]

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

Thus, for HONEYWELL AUTOMATION INDIA , the investors are currently willing to pay '10.06 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 HONEYWELL AUTOMATION INDIA !

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

Historical PB (Price/Book ) ratio chart of HONEYWELL AUTOMATION INDIA


PB Ratio Performance Analysis for HONEYWELL AUTOMATION INDIA

- HONEYWELL AUTOMATION INDIA 's latest p/b ratio is 10.06x.

- HONEYWELL AUTOMATION INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.76x.

- HONEYWELL AUTOMATION INDIA 's operated at median p/b ratio of 10.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HONEYWELL AUTOMATION INDIA 's p/b ratio peaked in Mar2021 at 16.3x.

- HONEYWELL AUTOMATION INDIA 's p/b ratio hit its five-year low in Mar2024 of 9.48x.


How does HONEYWELL AUTOMATION INDIA 's P/B Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?

Peer Comparison (Consumer Durables - Electronics Industry)Book ValuePB RatioMarket Cap
HONEYWELL AUTOMATION INDIA 3,589.6010.0636,105.0
DIXON TECHNOLOGIES (INDIA) LTD1,676.3955.2092,530.4
WONDER ELECTRICALS LTD87.8719.571,720.0
MIRC ELECTRONICS LTD128.443.50449.2

Consumer Durables - Electronics Industry Benchmark (Top 10) PB Analysis vs HONEYWELL AUTOMATION INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.50x
Max industry PB 55.20x
Median industry PB 19.57x
Average industry PB 22.08x



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