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Hisar Metal Industries Ltd PB Ratio

Hisar Metal Industries Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.3 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Hisar Metal Industries Ltd

NSE: HISARMETAL

PB

1.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Hisar Metal Industries Ltd is 1.7 as of 07 Nov 24.
  • The P/B Ratio of Hisar Metal Industries Ltd changed from 1.5 on March 2022 to 1.5 on March 2024 . This represents a CAGR of 0.00% over 3 years. .

Historical P/B Ratio of Hisar Metal Industries Ltd

No data available

Company Fundamentals for Hisar Metal Industries Ltd

Market Cap

103 Cr

EPS

8.5

P/E Ratio (TTM) *

22.6

P/B Ratio (TTM) *

1.7

Day’s High *

190.05

Day’s Low

187.6

DTE *

1.1

ROE *

7.4

52 Week High

235.2

52 Week Low

159.85

ROCE *

9.8

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Hisar Metal 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 2024191.4
06 Nov 2024186.45
05 Nov 2024180.9
04 Nov 2024180.05
01 Nov 2024183.45
31 Oct 2024184.15
30 Oct 2024179.3
29 Oct 2024179
28 Oct 2024178.5
25 Oct 2024176.05

SWOT Analysis Of Hisar Metal Industries Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Hisar Metal Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Hisar Metal Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Hisar Metal Industries Ltd1103
JSW Steel Ltd3172,42,112
Tata Steel Ltd1121,88,376
Jindal Steel & Power Ltd46596,602
Tube Investments of India Ltd21577,000
Jindal Stainless Ltd17659,514

Key Valuation Metric of Hisar Metal Industries Ltd

Share Price

₹188

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 Hisar Metal Industries Ltd

No data available

* All values are in crore

Historical Revenue of Hisar Metal Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Hisar Metal Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Hisar Metal Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Hisar Metal Industries Ltd News Hub

News

Hisar Metal Industries announces board meeting date

Hisar Metal Industries will hold a meeting of the Board of Directors of the Company on 7 N...

Read more

23 Oct 202410:52

News

Hisar Metal Industries AGM scheduled

Hisar Metal Industries announced that the Annual General Meeting (AGM) of the company will...

Read more

13 Aug 202416:55

News

Hisar Metal Industries to convene AGM

Hisar Metal Industries announced that the Annual General Meeting (AGM) of the company will...

Read more

13 Aug 202414:32

News

Hisar Metal Industries to table results

Hisar Metal Industries will hold a meeting of the Board of Directors of the Company on 10 ...

Read more

26 Jul 202416:18

News

Board of Hisar Metal Industries recommends final dividend

Hisar Metal Industries announced that the Board of Directors of the Company at its meeting...

Read more

30 May 202416:01

News

Hisar Metal Industries to conduct board meeting

Hisar Metal Industries will hold a meeting of the Board of Directors of the Company on 30 ...

Read more

13 May 202414:49

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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 Hisar Metal Industries Ltd

What is the PB ratio of Hisar Metal Industries Ltd?

The current PB ratio of Hisar Metal Industries Ltd is 1.66. 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 Hisar Metal Industries Ltd stocks?

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

The PB ratio of Hisar Metal 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 Hisar Metal Industries Ltd?

A high PB ratio suggests that Hisar Metal 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 Hisar Metal Industries Ltd?

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

Can Hisar Metal Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Hisar Metal 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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