Hindustan Petroleum (NSE:HINDPETRO) Price-to-Tangible-Book : 1.56 (As of May. 11, 2024)

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

As of today (2024-05-11), Hindustan Petroleum's share price is ₹501.55. Hindustan Petroleum's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹320.76. Hence, Hindustan Petroleum's Price to Tangible Book Ratio of today is 1.56.

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

NSE:HINDPETRO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 1.47 Max: 2.6
Current: 1.56

During the past 13 years, Hindustan Petroleum's highest Price to Tangible Book Ratio was 2.60. The lowest was 0.90. And the median was 1.47.

NSE:HINDPETRO's Price-to-Tangible-Book is ranked worse than
58.34% of 929 companies
in the Oil & Gas industry
Industry Median: 1.36 vs NSE:HINDPETRO: 1.56

A closely related ratio is called PB Ratio. As of today, Hindustan Petroleum's share price is ₹501.55. Hindustan Petroleum's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹330.77. Hence, Hindustan Petroleum's P/B Ratio of today is 1.52.

Hindustan Petroleum Price-to-Tangible-Book Historical Data

The historical data trend for Hindustan Petroleum'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 Petroleum Price-to-Tangible-Book Chart

Hindustan Petroleum Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.95

0.90

0.96

1.09

1.48

Hindustan Petroleum 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															1.09	-	0.83	-	1.48

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

For the Oil & Gas Refining & Marketing subindustry, Hindustan Petroleum'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 Petroleum's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hindustan Petroleum's Price-to-Tangible-Book distribution charts can be found below:

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

Hindustan Petroleum Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	501.55	/	320.757
	=	1.56

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 Petroleum Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Hindustan Petroleum's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Hindustan Petroleum (NSE:HINDPETRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hindustan Petroleum Corp Ltd (NSE:HINDPETRO) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

500104:India

Address

17, Jamshedji Tata Road, Post Box No. 11041, Petroleum House, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.hindustanpetroleum.com

Hindustan Petroleum Corp Ltd. (HPCL) is an Indian government enterprise that refines crude oil and manufactures petroleum-based products. The company operates a diverse group of refineries that process several grades of lubes, specialties, and greases along with a variety of petroleum products. HPCL also controls an extensive network of pipelines in India that transport a variety of hydrocarbon-based products. In tandem with its host of pipelines, marketing and distribution efforts are carried out through a group of terminals, service stations, bottling plants, marketing offices, and other facilities. Hindustan's products are primarily sold throughout India. The business is divided into downstream and other operations, with downstream activities generating the most revenue.

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