Hardcastle & Waud Mfg P/B Ratio
Hardcastle & Waud Mfg (HARDCAS) P/B ratio is 1.09 (Moderate), book value per share ₹510.00 vs Chemicals average P/B of -4.84 — Moderate - Reasonably valued relative to book value. Explore HARDCAS Benjamin Graham valuation to estimate fundamental worth using multiple valuation models.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HARDCAS P/B Ratio — Valuation Insights & Book Value Analysis
Hardcastle & Waud Mfg price-to-book ratio interpretation, valuation status and historical context — current P/B 1.09 (Moderate). For live price, earnings yield and the full fundamental profile, see Hardcastle & Waud Mfg share price chart.
- Current PB is 26.9% below historical average
- Trading at premium to sector average PB of -4.84
Hardcastle & Waud Mfg P/B Ratio Historical Trend
HARDCAS 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. Read Hardcastle & Waud Mfg dividend payments for the complete payout history and dividend yield track record.
HARDCAS Historical P/B Ratio — Book Value Per Share & Year-End Price
Hardcastle & Waud Mfg 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 | 1.57 | ₹510.0 | ₹802.00 | ₹51 | Moderate |
| 2025 | 1.59 | ₹460.0 | ₹732.95 | ₹46 | Moderate |
| 2024 | 1.97 | ₹450.0 | ₹885.95 | ₹45 | Moderate |
| 2023 | 1.13 | ₹420.0 | ₹474.00 | ₹42 | Moderate |
| 2022 | 1.2 | ₹400.0 | ₹479.45 | ₹40 | Moderate |
HARDCAS vs Chemicals Peers — P/B Ratio Comparison
Hardcastle & Waud Mfg P/B 1.09 vs Chemicals average -4.84, median 0.37 — range -156.31–0.63.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Citurgia Biochemicals | CITURGIA | -156.31 | ₹1,568 | Low |
| Chemplast Sanmar | CHEMPLASTS | -27.84 | ₹2,611 | Low |
| Saptak Chem & Business | SCBL | -24.52 | ₹11 | Low |
| Shentracon Chemicals | SHENTRA | -20.63 | ₹48 | Low |
| Organic Coatings | ORGCOAT | -9.73 | ₹18 | Low |
| Indian Acrylics | INDIANACRY | -6.36 | ₹78 | Low |
| National Oxygen | NOL | -4.87 | ₹29 | Low |
| Gayatri Bioorganics | GAYATRIBI | -1.67 | ₹64 | Low |
| Tecil Chemicals & Hydro … | TECILCHEM | -1.2 | ₹24 | Low |
| Aadi Industries | AADIIND | -1.14 | ₹8 | Low |