Hindustan Aeronautics P/B Ratio
HAL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
6.61
High Valuation
Very High - Significant premium, high growth expectations or speculative
Current Valuation Metrics
P/B Ratio
6.61
Current Price
₹3907.50
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
8.52
Sector Median
7.75
Sector Rank
#11 of 24
Sector Percentile
45.8%
Key P/B Ratio Insights for Hindustan Aeronautics
- Stock appears overvalued with PB of 6.61, 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 100.9% above historical average
- Trading at discount to sector average PB of 8.52
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.
Related Pages for Hindustan Aeronautics
Additional stock information and data for HAL
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
8.52
Sector Median
7.75
Lowest P/B
0.56
Highest P/B
22.66
Companies
24
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rossell | ROSSELLIND | 0.56 | ₹280 | Low |
| DCX Systems | DCXINDIA | 1.26 | ₹1,848 | Moderate |
| Ideaforge Technology | IDEAFORGE | 2.98 | ₹1,715 | Moderate |
| Jaykay Enterprises | JAYKAY | 3.72 | ₹1,821 | High |
| Mishra Dhatu Nigam | MIDHANI | 3.8 | ₹5,520 | High |
| Taneja Aerospace & Aviat… | TANAA | 3.84 | ₹610 | High |
| NIBE | NIBE | 4.63 | ₹1,331 | High |
| CFF Fluid Control | CFF | 5.14 | ₹1,258 | High |
| Unimech Aerospace and Ma… | UNIMECH | 5.21 | ₹3,723 | High |
| Apollo Micro Systems | APOLLO | 5.27 | ₹7,043 | High |