HP Adhesives P/B Ratio
HP Adhesives (HPAL) P/B ratio is 1.79 (Moderate), book value per share ₹104.44 vs Chemicals average P/B of -5.34 — Moderate - Reasonably valued relative to book value. Compare with HP Adhesives valuation methods to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
HPAL P/B Ratio — Valuation Insights & Book Value Analysis
HP Adhesives price-to-book ratio interpretation, valuation status and historical context — current P/B 1.79 (Moderate). View HP Adhesives 52-week for the annual high/low range and current price position.
- Current PB is 233.5% above historical average
- Trading at premium to sector average PB of -5.34
HP Adhesives P/B Ratio Historical Trend
HPAL annual price-to-book ratio — 3 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 HPAL stock price BSE.
HPAL Historical P/B Ratio — Book Value Per Share & Year-End Price
HP 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 |
|---|---|---|---|---|---|
| 2026 | 0.34 | ₹104.44 | ₹35.50 | ₹188 | Low |
| 2025 | 0.4 | ₹102.22 | ₹41.17 | ₹184 | Low |
| 2024 | 0.87 | ₹93.89 | ₹81.92 | ₹169 | Low |
HPAL vs Chemicals Peers — P/B Ratio Comparison
HP Adhesives P/B 1.79 vs Chemicals average -5.34, median 0.32 — range -156.31–0.62.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Citurgia Biochemicals | CITURGIA | -156.31 | ₹1,568 | Low |
| Saptak Chem & Business | SCBL | -28.82 | ₹13 | Low |
| Shentracon Chemicals | SHENTRA | -20.22 | ₹46 | Low |
| Chemplast Sanmar | CHEMPLASTS | -19.62 | ₹3,279 | Low |
| Daikaffil Chemicals | DAIKAFFI | -19.02 | ₹32 | Low |
| Organic Coatings | ORGCOAT | -11.09 | ₹20 | Low |
| Vadivarhe Speciality Che… | VSCL | -8.2 | ₹38 | Low |
| Indian Acrylics | INDIANACRY | -6.55 | ₹81 | Low |
| National Oxygen | NOL | -4.44 | ₹27 | Low |
| Gayatri Bioorganics | GAYATRIBI | -1.7 | ₹62 | Low |