Hindustan Aeronautics P/B Ratio

HAL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
7.91
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 7.91
Current Price ₹4516.00
Book Value/Share ₹1047.46
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹34,985 Cr
Share Capital ₹334 Cr
Reserves & Surplus ₹34,647 Cr
Outstanding Shares 334,000,000
Book Value per Share ₹1047.46

Valuation Signal

Signal Overvalued
Historical Avg 3.29
Historical Range 1.31 - 4.79
Percentile 100.0%

Sector Context

Sector Average 8.85
Sector Median 8.01
Sector Rank #11 of 24
Sector Percentile 45.8%

Key P/B Ratio Insights for Hindustan Aeronautics

  • Stock appears overvalued with PB of 7.91, 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 140.4% above historical average
  • Trading at discount to sector average PB of 8.85

View the current stock price of Hindustan Aeronautics for more insights.

P/B Ratio Historical Trend for Hindustan Aeronautics

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
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
2021 1.31 ₹461.92 ₹605.30 ₹15,428 Moderate

Sector P/B Ratio Comparison

Comparing Hindustan Aeronautics with other companies in Aerospace & Defense sector
Sector Average
8.85
Sector Median
8.01
Lowest P/B
0.62
Highest P/B
21.68
Companies
24
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Rossell ROSSELLIND 0.62 ₹317 Low
DCX Systems DCXINDIA 1.48 ₹2,124 Moderate
Ideaforge Technology IDEAFORGE 3.58 ₹2,007 High
Mishra Dhatu Nigam MIDHANI 4.47 ₹6,386 High
CFF Fluid Control CFF 4.85 ₹1,189 High
Taneja Aerospace & Aviat… TANAA 5.01 ₹762 High
Jaykay Enterprises JAYKAY 5.33 ₹2,519 High
Unimech Aerospace and Ma… UNIMECH 6.54 ₹4,645 High
Zen Technologies ZENTEC 6.88 ₹12,249 High
NIBE NIBE 6.9 ₹1,656 High