HUHTAMAKI INDIA
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The Current P/B Ratio of HUHTAMAKI INDIA is 1.75.
Share Price | ₹265.8 | Jan 06,2025 |
Market Cap | ₹2,006.4 Cr | |
Book Value | ₹1,145.9 Cr | Dec2023 - Standalone Results |
Price/Book | 1.75x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of HUHTAMAKI INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,006.4 Cr] as on Jan 06,2025
(/) Book Value [ ₹1,145.9 Cr] based on Dec2023 - Standalone Results
(=) P/B Ratio [ 1.75x ]
Thus, for HUHTAMAKI INDIA , the investors are currently willing to pay '1.75 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 HUHTAMAKI INDIA !
The chart below summarizes the trend in P/B Ratio of HUHTAMAKI INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of HUHTAMAKI INDIA
PB Ratio Performance Analysis for HUHTAMAKI INDIA
- HUHTAMAKI INDIA 's p/b ratio for fiscal years ending Dec2023 to Dec2019 averaged 2.42x.
- HUHTAMAKI INDIA 's operated at median p/b ratio of 2.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HUHTAMAKI INDIA 's p/b ratio peaked in Dec2020 at 3.11x.
- HUHTAMAKI INDIA 's p/b ratio hit its five-year low in Dec2023 of 1.89x.
How does HUHTAMAKI INDIA 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
HUHTAMAKI INDIA | 1,145.87 | 1.75 | 2,006.4 |
ASTRAL LTD | 3,186.50 | 13.12 | 41,818.4 |
SUPREME INDUSTRIES LTD | 5,108.83 | 11.24 | 57,428.2 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.72 | 15,328.9 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 6.00 | 6,823.9 |
PRINCE PIPES AND FITTINGS LTD | 1,544.41 | 2.92 | 4,503.2 |
EPL LTD | 2,054.60 | 3.88 | 7,980.8 |
JAI CORP LTD | 1,486.14 | 2.40 | 3,564.5 |
TIME TECHNOPLAST LTD | 2,552.22 | 4.10 | 10,475.0 |
GARWARE HITECH FILMS LTD | 2,044.80 | 5.51 | 11,273.9 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.89 | 4,776.8 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs HUHTAMAKI INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.89x |
Max industry PB | 13.12x |
Median industry PB | 3.88x |
Average industry PB | 4.96x |
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