Hariom Pipe Industries P/B Ratio

HARIOMPIPE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.56
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.56
Current Price ₹270.15
Book Value/Share ₹184.84
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹573 Cr
Share Capital ₹31 Cr
Reserves & Surplus ₹541 Cr
Outstanding Shares 31,000,000
Book Value per Share ₹184.84

Valuation Signal

Signal Fairly Valued
Historical Avg 2.58
Historical Range 2.03 - 3.12
Percentile 0.0%

Sector Context

Sector Average -1.93
Sector Median -0.4
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Hariom Pipe Industries

  • Current PB is 39.4% below historical average
  • Trading at premium to sector average PB of -1.93

P/B Ratio Historical Trend for Hariom Pipe Industries

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 2.03 ₹184.84 ₹374.55 ₹573 Moderate
2024 3.12 ₹160.0 ₹498.95 ₹464 High

Sector P/B Ratio Comparison

Comparing Hariom Pipe Industries with other companies in Industrial Products sector
Sector Average
-1.93
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.4
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Mahalaxmi Seamless MAHALXSE -16.74 ₹4 Low
Shah Alloys SHAHALLOYS -13.51 ₹135 Low
Cochin Malabar Estates COCHMAL -11.89 ₹23 Low
Electrotherm ELECTHERM -6.88 ₹1,160 Low
Heera Ispat HEERAISP -5.91 ₹5 Low
Mahip Industries MAHIP -5.13 ₹42 Low
TPINDIA TPINDIA -4.91 ₹69 Low
Nova Iron & Steel NOVIS -4.16 ₹49 Low
MSR India MSRINDIA -3.38 ₹34 Low
Nilachal Refractories NILACHAL -3.28 ₹90 Low