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HP ADHESIVES
PB (Price/Book ) Ratio

The Current P/B Ratio of HP ADHESIVES is 2.79.

Share Price ₹51.3Apr 01,2025
Market Cap ₹471.3 Cr
Book Value₹168.9 CrMar2024 - Standalone Results
Price/Book 2.79xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HP ADHESIVES

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 HP ADHESIVES is calculated as :

Current Market Cap [ ₹471.3 Cr] as on Apr 01,2025

(/) Book Value [ ₹168.9 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 2.79x ]

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

Thus, for HP ADHESIVES , the investors are currently willing to pay '2.79 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 HP ADHESIVES !

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

Historical PB (Price/Book ) ratio chart of HP ADHESIVES


PB Ratio Performance Analysis for HP ADHESIVES

- HP ADHESIVES 's latest p/b ratio is 2.79x.

- HP ADHESIVES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.99x.

- HP ADHESIVES 's operated at median p/b ratio of 4.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HP ADHESIVES 's p/b ratio peaked in Mar2022 at 5.25x.

- HP ADHESIVES 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does HP ADHESIVES 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Book ValuePB RatioMarket Cap
HP ADHESIVES 168.892.79471.3
PIDILITE INDUSTRIES LTD8,397.3117.13143,869.0
SRF LTD11,458.807.4585,325.9
SOLAR INDUSTRIES INDIA LTD3,305.6030.56101,020.0
GUJARAT FLUOROCHEMICALS LTD5,936.347.4544,202.5
GODREJ INDUSTRIES LTD7,989.074.6036,753.1
DEEPAK NITRITE LTD4,796.625.6527,089.7
TATA CHEMICALS LTD22,241.000.9621,400.8
HIMADRI SPECIALITY CHEMICAL LTD3,044.347.0721,519.0
NAVIN FLUORINE INTERNATIONAL LTD2,363.578.8020,804.3
VINATI ORGANICS LTD2,301.197.1116,357.9

Chemicals Industry Benchmark (Top 10) PB Analysis vs HP ADHESIVES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.96x
Max industry PB 30.56x
Median industry PB 7.11x
Average industry PB 9.05x



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