HLE Glascoat P/B Ratio
HLEGLAS • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.88
High Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
3.88
Current Price
₹263.80
Book Value/Share
₹395.71
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹554 Cr
Share Capital
₹14 Cr
Reserves & Surplus
₹433 Cr
Outstanding Shares
14,000,000
Book Value per Share
₹395.71
Valuation Signal
Signal
Overvalued
Historical Avg
3.88
Historical Range
1.04 - 11.26
Percentile
80.0%
Sector Context
Sector Average
0.11
Sector Median
0.68
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for HLE Glascoat
- Stock appears overvalued with PB of 3.88, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Trading at premium to sector average PB of 0.11
P/B Ratio Historical Trend for HLE Glascoat
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.
Related Pages for HLE Glascoat
Additional stock information and data for HLEGLAS
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 1.11 | ₹395.71 | ₹439.15 | ₹554 | Moderate |
| 2024 | 1.04 | ₹355.0 | ₹369.10 | ₹497 | Moderate |
| 2023 | 2.31 | ₹233.57 | ₹539.90 | ₹327 | Moderate |
| 2022 | 3.66 | ₹181.43 | ₹664.45 | ₹254 | High |
| 2021 | 11.26 | ₹103.85 | ₹1168.90 | ₹135 | High |
Sector P/B Ratio Comparison
Comparing HLE Glascoat with other companies in Capital Goods sector
Sector Average
0.11
Sector Median
0.68
Lowest P/B
-4.34
Highest P/B
1.11
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Jyoti | JYOTI | -4.34 | ₹128 | Low |
| Lexoraa Industries | LEXORAA | -3.94 | ₹5 | Low |
| Miven Machine Tools | MIVENMACH | -3.48 | ₹20 | Low |
| Incon Engineers | INCON | -3.23 | ₹6 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ₹10 | Low |
| Thakral Services | THAKRAL | -1.58 | ₹15 | Low |
| Switching Technologies G… | SWITCHTE | -0.89 | ₹15 | Low |
| HMT | HMT | -0.85 | ₹2,242 | Low |
| Pan Electroncis | PANELEC | -0.59 | ₹17 | Low |
| TMT India | TMTIND-B1 | -0.51 | ₹3 | Low |