Hindustan Aeronautics P/B Ratio
Hindustan Aeronautics P/B ratio. Hindustan Aeronautics (HAL) P/B ratio is 8.12 (High), book value per share ₹1228.89 vs Aerospace & Defense average P/B of 10.91 — Very High - Significant premium, high growth expectations or speculative. Analyse HAL institutional holdings to track promoter, FII and institutional holdings.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HAL P/B Ratio — Valuation Insights & Book Value Analysis
Hindustan Aeronautics price-to-book ratio interpretation, valuation status and historical context — current P/B 8.12 (High). View HAL yearly price range for the annual high/low range and current price position.
- Stock appears overvalued with PB of 8.12, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 112.5% above historical average
- Trading at discount to sector average PB of 10.91
Hindustan Aeronautics P/B Ratio Historical Trend
HAL annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. For live price, earnings yield and the full fundamental profile, see HAL stock price BSE.
HAL Historical P/B Ratio — Book Value Per Share & Year-End Price
Hindustan Aeronautics annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 3.97 | ₹1228.89 | ₹4875.00 | ₹41,045 | High |
| 2025 | 4.19 | ₹1047.46 | ₹4388.70 | ₹34,985 | High |
| 2024 | 4.79 | ₹872.51 | ₹4178.35 | ₹29,142 | High |
| 2023 | 3.97 | ₹705.87 | ₹2804.00 | ₹23,576 | High |
| 2022 | 2.19 | ₹578.35 | ₹1265.60 | ₹19,317 | Moderate |
HAL vs Aerospace & Defense Peers — P/B Ratio Comparison
Hindustan Aeronautics P/B 8.12 vs Aerospace & Defense average 10.91, median 9.64 — range 0.66–37.18.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rossell | ROSSELLIND | 0.66 | ₹322 | Low |
| Ideaforge Technology | IDEAFORGE | 0.81 | ₹3,504 | Low |
| DCX Systems | DCXINDIA | 1.12 | ₹1,647 | Moderate |
| Jaykay Enterprises | JAYKAY | 3.83 | ₹2,637 | High |
| TechEra Engineering | TECHERA | 4.57 | ₹246 | High |
| Mishra Dhatu Nigam | MIDHANI | 5.13 | ₹7,590 | High |
| Taneja Aerospace & Aviat… | TANAA | 5.43 | ₹850 | High |
| NIBE | NIBE | 5.65 | ₹1,993 | High |
| Zen Technologies | ZENTEC | 7.91 | ₹14,694 | High |
| CFF Fluid Control | CFF | 8.49 | ₹2,196 | High |