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Hariom Pipe Industries Ltd PB Ratio

Hariom Pipe Industries Ltd PB Ratio

stocks purchased

₹ 1.5 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

23.3 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Hariom Pipe Industries Ltd

NSE: HARIOMPIPE

PB

3.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Hariom Pipe Industries Ltd is 3.6 as of 07 Nov 24.
  • The P/B Ratio of Hariom Pipe Industries Ltd changed from 3.8 on March 2023 to 2.9 on March 2024 . This represents a CAGR of -12.64% over 2 years. .

Historical P/B Ratio of Hariom Pipe Industries Ltd

No data available

Company Fundamentals for Hariom Pipe Industries Ltd

Market Cap

1,985 Cr

EPS

19.3

P/E Ratio (TTM) *

33.2

P/B Ratio (TTM) *

3.6

Day’s High *

668.0

Day’s Low

636.15

DTE *

0.6

ROE *

10.9

52 Week High

885.05

52 Week Low

441.05

ROCE *

13.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Hariom Pipe Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
07 Nov 2024641.1
06 Nov 2024594.9
05 Nov 2024568.5
04 Nov 2024570.2
01 Nov 2024581.75
31 Oct 2024573.15
30 Oct 2024585.2
29 Oct 2024569.4
28 Oct 2024570.7
25 Oct 2024565.25

SWOT Analysis Of Hariom Pipe Industries Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Hariom Pipe Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Hariom Pipe Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Hariom Pipe Industries Ltd31,985
JSW Steel Ltd3202,42,112
Tata Steel Ltd1121,88,376
Jindal Steel & Power Ltd47196,602
Tube Investments of India Ltd21777,000
Jindal Stainless Ltd17759,514

Key Valuation Metric of Hariom Pipe Industries Ltd

Share Price

₹657

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Hariom Pipe Industries Ltd

No data available

* All values are in crore

Historical Revenue of Hariom Pipe Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Hariom Pipe Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Hariom Pipe Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Hariom Pipe Industries Ltd News Hub

News

Hariom Pipe Industries to convene board meeting

Hariom Pipe Industries will hold a meeting of the Board of Directors of the Company on 26 ...

Read more

21 Oct 202410:02

News

Hariom Pipe Industries schedules board meeting

Hariom Pipe Industries will hold a meeting of the Board of Directors of the Company on 24 ...

Read more

20 Sep 202410:26

News

Hariom Pipe Industries to conduct AGM

Hariom Pipe Industries announced that the 17th Annual General Meeting (AGM) of the company...

Read more

20 Aug 202416:03

News

Hariom Pipe Industries to table results

Hariom Pipe Industries will hold a meeting of the Board of Directors of the Company on 9 A...

Read more

03 Aug 202410:34

News

Board of Hariom Pipe Industries recommends final dividend

Hariom Pipe Industries announced that the Board of Directors of the Company at its meeting...

Read more

18 May 202409:59

News

Hariom Pipe Industries declare Quarterly Result

Hariom Pipe Industries will hold a meeting of the Board of Directors of the Company on 17 ...

Read more

13 May 202410:37

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Hariom Pipe Industries Ltd

What is the PB ratio of Hariom Pipe Industries Ltd?

The current PB ratio of Hariom Pipe Industries Ltd is 3.61. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Hariom Pipe Industries Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Hariom Pipe Industries Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Hariom Pipe Industries Ltd calculated?

The PB ratio of Hariom Pipe Industries Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Hariom Pipe Industries Ltd?

A high PB ratio suggests that Hariom Pipe Industries Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Hariom Pipe Industries Ltd?

A low PB ratio of Hariom Pipe Industries Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Hariom Pipe Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Hariom Pipe Industries Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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