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Hindcon Chemicals Ltd PB Ratio

Hindcon Chemicals Ltd PB Ratio

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Last Updated on: Nov 08, 2024

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Hindcon Chemicals Ltd

NSE: HINDCON

PB

4.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Hindcon Chemicals Ltd is 4.6 as of 07 Nov 24.
  • The P/B Ratio of Hindcon Chemicals Ltd changed from 1.4 on March 2022 to 4 on March 2024 . This represents a CAGR of 41.90% over 3 years. .

Historical P/B Ratio of Hindcon Chemicals Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Hindcon Chemicals 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 202447.04
06 Nov 202446.69
05 Nov 202446.56
04 Nov 202446.04
01 Nov 202447.71
31 Oct 202446.07
30 Oct 202445.74
29 Oct 202445.63
28 Oct 202445.96
25 Oct 202443.24

SWOT Analysis Of Hindcon Chemicals Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Hindcon Chemicals Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Hindcon Chemicals Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Hindcon Chemicals Ltd4240
Pidilite Industries Ltd1681,60,445
SRF Ltd36070,370
Linde India Ltd39166,428
Gujarat Fluorochemicals Ltd54347,309
Deepak Nitrite Ltd20838,404

Key Valuation Metric of Hindcon Chemicals Ltd

Share Price

₹47

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 Hindcon Chemicals Ltd

No data available

* All values are in crore

Historical Revenue of Hindcon Chemicals Ltd

No data available

* All values are in crore

Historical EBITDA of Hindcon Chemicals Ltd

No data available

* All values are in crore

Historical Net Profit of Hindcon Chemicals Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Hindcon Chemicals Ltd News Hub

News

Hindcon Chemicals to announce Quarterly Result

Hindcon Chemicals will hold a meeting of the Board of Directors of the Company on 12 Novem...

Read more

04 Nov 202414:01

News

Hindcon Chemicals to convene board meeting

Hindcon Chemicals will hold a meeting of the Board of Directors of the Company on 8 August...

Read more

31 Jul 202413:54

News

Hindcon Chemicals to convene AGM

Hindcon Chemicals announced that the 26th Annual General Meeting (AGM) of the company will...

Read more

17 Jul 202417:46

News

Board of Hindcon Chemicals recommends final dividend

Hindcon Chemicals announced that the Board of Directors of the Company at its meeting held...

Read more

16 May 202416:43

News

Hindcon Chemicals to convene board meeting

Hindcon Chemicals will hold a meeting of the Board of Directors of the Company on 16 May 2...

Read more

09 May 202411:48

News

Hindcon Chemicals to announce Quarterly Result

Hindcon Chemicals will hold a meeting of the Board of Directors of the Company on 29 Janua...

Read more

18 Jan 202415:42

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Annual Reports

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Concalls

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FAQs for PB Ratio of Hindcon Chemicals Ltd

What is the PB ratio of Hindcon Chemicals Ltd?

The current PB ratio of Hindcon Chemicals Ltd is 4.58. 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 Hindcon Chemicals Ltd stocks?

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

The PB ratio of Hindcon Chemicals 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 Hindcon Chemicals Ltd?

A high PB ratio suggests that Hindcon Chemicals 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 Hindcon Chemicals Ltd?

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

Can Hindcon Chemicals Ltd PB Ratio change over time?

Yes, the PB ratio of Hindcon Chemicals 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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