Hindustan Adhesives P/B Ratio
Hindustan Adhesives (HINDADH) P/B ratio is 1.56 (Moderate), book value per share ₹182.00 vs Industrial Products average P/B of -1.91 — Moderate - Reasonably valued relative to book value. For live price, earnings yield and the full fundamental profile, see Hindustan Adhesives stock price NSE.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
HINDADH P/B Ratio — Valuation Insights & Book Value Analysis
Hindustan Adhesives price-to-book ratio interpretation, valuation status and historical context — current P/B 1.56 (Moderate). View HINDADH annual price range for the annual high/low range and current price position.
- Current PB is 26.3% below historical average
- Trading at premium to sector average PB of -1.91
Hindustan Adhesives P/B Ratio Historical Trend
HINDADH 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. Compare with HINDADH stock valuation models to assess whether the stock is under or overvalued.
HINDADH Historical P/B Ratio — Book Value Per Share & Year-End Price
Hindustan Adhesives 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 |
|---|---|---|---|---|---|
| 2025 | 1.77 | ₹182.0 | ₹321.90 | ₹91 | Moderate |
| 2024 | 2.7 | ₹152.0 | ₹411.10 | ₹76 | Moderate |
| 2023 | 2.73 | ₹120.0 | ₹328.00 | ₹60 | Moderate |
| 2017 | 1.74 | ₹48.0 | ₹83.50 | ₹24 | Moderate |
| 2016 | 1.64 | ₹40.0 | ₹65.50 | ₹20 | Moderate |
HINDADH vs Industrial Products Peers — P/B Ratio Comparison
Hindustan Adhesives P/B 1.56 vs Industrial Products average -1.91, median -0.32 — range -13.96–0.39.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -13.96 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.32 | ₹144 | Low |
| Cochin Malabar Estates | COCHMAL | -11.49 | ₹24 | Low |
| TPINDIA | TPINDIA | -8.28 | ₹92 | Low |
| Electrotherm | ELECTHERM | -6.41 | ₹966 | Low |
| Heera Ispat | HEERAISP | -5.94 | ₹5 | Low |
| Mahip Industries | MAHIP | -5.46 | ₹45 | Low |
| Nova Iron & Steel | NOVIS | -4.44 | ₹45 | Low |
| Mukat Pipes | MUKATPIP | -3.45 | ₹25 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |