Hardcastle & Waud Mfg P/B Ratio
Hardcastle & Waud Mfg (HARDCAS) P/B ratio is 1.06 (Moderate), book value per share ₹510.00 vs Chemicals average P/B of -16.54 — Moderate - Reasonably valued relative to book value. Compare with HARDCAS fair price to assess whether the stock is under or overvalued.
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 1.06 (Moderate). View HARDCAS annual price range for the annual high/low range and current price position.
- Current PB is 28.6% below historical average
- Trading at premium to sector average PB of -16.54
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. For live price, earnings yield and the full fundamental profile, see Hardcastle & Waud Mfg share price chart.
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 | 1.53 | ₹510.0 | ₹780.70 | ₹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 1.06 vs Chemicals average -16.54, median 0.39 — range -615.7–0.7.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Organic Coatings | ORGCOAT | -615.7 | ₹17 | Low |
| Citurgia Biochemicals | CITURGIA | -156.31 | ₹1,568 | Low |
| Saptak Chem & Business | SCBL | -31.51 | ₹15 | Low |
| Shentracon Chemicals | SHENTRA | -16.11 | ₹38 | Low |
| Vadivarhe Speciality Che… | VSCL | -10.08 | ₹29 | Low |
| National Oxygen | NOL | -6.11 | ₹36 | Low |
| Gayatri Bioorganics | GAYATRIBI | -2.71 | ₹96 | Low |
| Aadi Industries | AADIIND | -1.37 | ₹10 | Low |
| Tecil Chemicals & Hydro … | TECILCHEM | -1.2 | ₹24 | Low |
| Venlon Enterprises | VENLONENT | -1.12 | ₹24 | Low |