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HLE GlascoatNSE:HLEGLAS +0.41%88 3-Year Book Growth Rate is 17.20% as of Jun. 2026, which is 52% above its 10-year median of 11.30. GuruFocus rates NSE:HLEGLAS with a GF Score™ of 88/100 and a GF Value™ of ₹589.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,954 Industrial Products companies, HLE Glascoat ranks better than 80.43% on this metric.
During the past 12 months, HLE Glascoat's average Book Value per Share Growth Rate was 14.30% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 17.20% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 28.20% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 24.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of HLE Glascoat was 60.90% per year. The lowest was -7.50% per year. And the median was 11.30% per year.
HLE Glascoat (NSE:HLEGLAS) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
HLE Glascoat 3-Year Book Growth Rate Related Terms
NSE:HLEGLAS vs GEV, ETN, PH: 3-Year Book Growth Rate Comparison
For the Specialty Industrial Machinery subindustry, HLE Glascoat's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
HLE Glascoat 3-Year Book Growth Rate vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HLE Glascoat's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where HLE Glascoat's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 17.20% mean?
HLE Glascoat (NSE:HLEGLAS) has a 3-Year Book Growth Rate of 17.20% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for HLE Glascoat and its competitors. This is 52% above median its historical median of 11.30. According to the industry distribution chart, HLE Glascoat ranks #578 out of 2954 companies in the Industrial Products industry, placing it in the top 19.6%.
Is HLE Glascoat's 3-Year Book Growth Rate too high?
HLE Glascoat's current 3-Year Book Growth Rate of 17.20% is 52% above median its 10-year median of 11.30. The Industrial Products industry median 3-Year Book Growth Rate is 5.95. HLE Glascoat's value of 17.20% is 189.1% above this industry median. Based on the distribution chart, HLE Glascoat ranks #578 out of 2954 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, HLE Glascoat has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HLE Glascoat's 3-Year Book Growth Rate compare to GEV and ETN?
According to the Industrial Products industry distribution chart, HLE Glascoat ranks #578 out of 2954 companies for 3-Year Book Growth Rate. This places HLE Glascoat in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 5.95. HLE Glascoat's value of 17.20% is 189.1% above this benchmark. While the company's 10-year median is 11.30 vs. the industry median of 5.95, HLE Glascoat has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Industrial Products company?
The median 3-Year Book Growth Rate among Industrial Products companies is 5.95, based on 2,954 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HLE Glascoat's current 3-Year Book Growth Rate of 17.20% is 189.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for HLE Glascoat and its competitors. For the Industrial Products industry, the median 3-Year Book Growth Rate is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HLE Glascoat's current 3-Year Book Growth Rate is 17.20%, which is 52% above median its own 10-year median of 11.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HLE Glascoat stock overvalued right now?
Based on GuruFocus' analysis, HLE Glascoat (NSE:HLEGLAS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹589.94, compared to a current price of ₹316.75 — trading 46.3% below its estimated fair value. The current 3-Year Book Growth Rate is 17.20%, which is 52% above median its 10-year median of 11.30 and 189.1% above the Industrial Products industry median of 5.95. HLE Glascoat's overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For HLE Glascoat (NSE:HLEGLAS), the current 3-Year Book Growth Rate is 17.20% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HLE Glascoat (NSE:HLEGLAS) Overvalued in 2026?
Based on GuruFocus' analysis, HLE Glascoat stock appears to be undervalued.
The current stock price of ₹316.75 is trading 46.3% below its estimated GF Value™ of ₹589.94.
GuruFocus considers HLE Glascoat to be Significantly Undervalued.
Key valuation signals for NSE:HLEGLAS:
3-Year Book Growth Rate: 17.20% (52% above median its 10-year median of 11.30)
GF Value™: ₹589.94 vs. price of ₹316.75 (46.3% below fair value)
Industry Position: 189.1% above the Industrial Products median (#578 of 2954)
No single metric tells the full story. See the NSE:HLEGLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HLE Glascoat Ltd is a process equipment manufacturer and a solution provider to the chemical and pharmaceutical industries. The company mainly manufactures filtration, glass-lined, and drying equipment. Its product portfolio comprises reactors, receivers, storage tanks, columns, agitators, agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment, and related spares and accessories. The company's operating segments are: Filtration, drying and other equipment; Glass-lined equipment; and Heat transfer equipment. Maximum revenue is generated from its glass-lined equipment business. Geographically, the company generates maximum revenue from its business in India, and also exports its products to other markets.
88GF Score
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