Hindustan Aeronautics (NSE:HAL) Price-to-Tangible-Book : 11.38 (As of May. 21, 2024)

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What is Hindustan Aeronautics Price-to-Tangible-Book?

As of today (2024-05-21), Hindustan Aeronautics's share price is ₹4531.70. Hindustan Aeronautics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹398.12. Hence, Hindustan Aeronautics's Price to Tangible Book Ratio of today is 11.38.

The historical rank and industry rank for Hindustan Aeronautics's Price-to-Tangible-Book or its related term are showing as below:

NSE:HAL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61 Med: 2.73 Max: 11.38
Current: 11.38

During the past 12 years, Hindustan Aeronautics's highest Price to Tangible Book Ratio was 11.38. The lowest was 1.61. And the median was 2.73.

NSE:HAL's Price-to-Tangible-Book is ranked worse than
86.33% of 256 companies
in the Aerospace & Defense industry
Industry Median: 3.115 vs NSE:HAL: 11.38

A closely related ratio is called PB Ratio. As of today, Hindustan Aeronautics's share price is ₹4531.70. Hindustan Aeronautics's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹435.70. Hence, Hindustan Aeronautics's P/B Ratio of today is 10.40.

Hindustan Aeronautics Price-to-Tangible-Book Historical Data

The historical data trend for Hindustan Aeronautics's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hindustan Aeronautics Price-to-Tangible-Book Chart

Hindustan Aeronautics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

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1.57

2.52

2.93

4.29

8.36

Hindustan Aeronautics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															4.29	-	5.66	-	8.36

Competitive Comparison of Hindustan Aeronautics's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, Hindustan Aeronautics's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hindustan Aeronautics's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hindustan Aeronautics's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hindustan Aeronautics's Price-to-Tangible-Book falls into.

Hindustan Aeronautics Price-to-Tangible-Book Calculation

Hindustan Aeronautics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	4531.70	/	398.116
	=	11.38

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Hindustan Aeronautics Price-to-Tangible-Book Related Terms

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Hindustan Aeronautics (NSE:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hindustan Aeronautics Ltd (NSE:HAL) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

541154:India

Address

No. 15/1 Cubbon Road, Bengaluru, KA, IND, 560 001

Website

https://www.hal-india.co.in

Hindustan Aeronautics Ltd operates in the aerospace and defense sector. The company is engaged in the design, manufacturing, and development of products like aircraft, helicopters, systems and accessories, power plants, avionics, materials like castings, rolled rings, rubber products, and aerospace which include structures, tanks, and cryogenic engines. Geographically the company derives revenue from India and other countries, of which a majority of revenue is generated from India.