Hindustan Aeronautics P/B Ratio
Hindustan Aeronautics (HAL) P/B ratio is 8.07 (High), book value per share ₹1228.89 vs Aerospace & Defense average P/B of 10.89 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see HAL stock price BSE.
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 8.07 (High). Read HAL dividend payout details for the complete payout history and dividend yield track record.
- Stock appears overvalued with PB of 8.07, 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 111.8% above historical average
- Trading at discount to sector average PB of 10.89
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. Explore Hindustan Aeronautics intrinsic price to estimate fundamental worth using multiple valuation models.
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 | 3.91 | ₹1228.89 | ₹4800.30 | ₹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 8.07 vs Aerospace & Defense average 10.89, median 10.29 — range 0.71–32.28.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Rossell | ROSSELLIND | 0.71 | ₹344 | Low |
| Ideaforge Technology | IDEAFORGE | 0.82 | ₹3,499 | Low |
| DCX Systems | DCXINDIA | 1.24 | ₹1,800 | Moderate |
| Jaykay Enterprises | JAYKAY | 2.81 | ₹2,178 | Moderate |
| Taneja Aerospace & Aviat… | TANAA | 4.15 | ₹681 | High |
| NIBE | NIBE | 4.81 | ₹1,916 | High |
| TechEra Engineering | TECHERA | 5.17 | ₹268 | High |
| Mishra Dhatu Nigam | MIDHANI | 5.67 | ₹7,603 | High |
| Krishna Defence & Allied… | KRISHNADEF | 7.74 | ₹1,504 | High |
| CFF Fluid Control | CFF | 7.74 | ₹2,102 | High |