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Hind Rectifiers Ltd PB Ratio

Hind Rectifiers Ltd PB Ratio

stocks purchased

₹ 1.2 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

10.1 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

Image

Hind Rectifiers Ltd

NSE: HIRECT

PB

15

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Hind Rectifiers Ltd is 15 as of 07 Nov 24.
  • The P/B Ratio of Hind Rectifiers Ltd changed from 2.9 on March 2022 to 8.3 on March 2024 . This represents a CAGR of 41.98% over 3 years. .

Historical P/B Ratio of Hind Rectifiers Ltd

No data available

Company Fundamentals for Hind Rectifiers Ltd

Market Cap

2,096 Cr

EPS

17.7

P/E Ratio (TTM) *

69.0

P/B Ratio (TTM) *

15.0

Day’s High *

1273.05

Day’s Low

1201.65

DTE *

0.9

ROE *

21.8

52 Week High

1279.55

52 Week Low

505.15

ROCE *

19.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Hind Rectifiers 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 20241223.3
06 Nov 20241242.45
05 Nov 20241218.65
04 Nov 20241160.65
01 Nov 20241216.7
31 Oct 20241158.8
30 Oct 20241103.65
29 Oct 20241051.1
28 Oct 20241021.5
25 Oct 2024999

SWOT Analysis Of Hind Rectifiers Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Hind Rectifiers Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Hind Rectifiers Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Hind Rectifiers Ltd152,096
Havells India Ltd1241,04,276
Dixon Technologies (India) Ltd28293,911
Voltas Ltd23958,491
Kaynes Technology India Ltd39736,967
Blue Star Ltd12636,537

Key Valuation Metric of Hind Rectifiers Ltd

Share Price

₹1,223

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 Hind Rectifiers Ltd

No data available

* All values are in crore

Historical Revenue of Hind Rectifiers Ltd

No data available

* All values are in crore

Historical EBITDA of Hind Rectifiers Ltd

No data available

* All values are in crore

Historical Net Profit of Hind Rectifiers Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Hind Rectifiers Ltd News Hub

News

Hind Rectifiers hits the roof after Q2 PAT soars to Rs 10 cr

Profit before tax (PBT) surged to Rs 12.93 crore in Q2 FY25, up 115.86% from Rs 5.99 crore...

Read more

30 Oct 202414:57

News

Hind Rectifiers to hold board meeting

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 30 October...

Read more

22 Oct 202415:41

News

Hind Rectifiers wins orders of Rs 73 cr

Hind Rectifiers has secured orders valued at Rs 73 crore from Indian Railways. Powered by ...

Read more

18 Oct 202418:07

News

Hind Rectifiers wins order of Rs 98 cr from Indian Railways

Hind Rectifiers has received an order of Rs 98 crore from Indian Railways. With this order...

Read more

30 Sep 202412:11

News

Hind Rectifiers hits the roof on bagging order

The domestic order is to be executed in fiscal year 2025-26. The company's current market ...

Read more

23 Sep 202413:44

News

Hind Rectifiers to hold board meeting

Hind Rectifiers will hold a meeting of the Board of Directors of the Company on 1 August 2...

Read more

24 Jul 202416:05

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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 Hind Rectifiers Ltd

What is the PB ratio of Hind Rectifiers Ltd?

The current PB ratio of Hind Rectifiers Ltd is 15.02. 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 Hind Rectifiers Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Hind Rectifiers 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 Hind Rectifiers Ltd calculated?

The PB ratio of Hind Rectifiers 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 Hind Rectifiers Ltd?

A high PB ratio suggests that Hind Rectifiers 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 Hind Rectifiers Ltd?

A low PB ratio of Hind Rectifiers Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Hind Rectifiers Ltd PB Ratio change over time?

Yes, the PB ratio of Hind Rectifiers 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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