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Hi-Tech Pipes's book value per share for the quarter that ended in Mar. 2026 was ₹65.78.
During the past 12 months, Hi-Tech Pipes's average Book Value Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 32.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 26.50% 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 book value growth rate using book value per share data.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Hi-Tech Pipes was 43.30% per year. The lowest was 15.40% per year. And the median was 28.10% per year.
Hi-Tech Pipes's current price is ₹84.65. Its book value per share for the quarter that ended in Mar. 2026 was ₹65.78. Hence, today's PB Ratio of Hi-Tech Pipes is 1.29.
During the past 12 years, the highest P/B Ratio of Hi-Tech Pipes was 4.74. The lowest was 0.48. And the median was 2.17.
Good Sign:
Hi-Tech Pipes Ltd stock PB Ratio (=1.29) is close to 5-year low of 1.17.
Hi-Tech Pipes (NSE:HITECH) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Hi-Tech Pipes Book Value per Share Related Terms
Hi-Tech Pipes Book Value per Share Historical Data
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The historical data trend for Hi-Tech Pipes's Book Value per Share 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.
NSE:HITECH vs NUE, STLD, RS: Book Value per Share Comparison
For the Steel subindustry, Hi-Tech Pipes's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Hi-Tech Pipes PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Hi-Tech Pipes's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hi-Tech Pipes's PB Ratio falls into.
* 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.
Hi-Tech Pipes (NSE:HITECH) has a Book Value per Share of ₹65.78 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Hi-Tech Pipes and its competitors.
Is Hi-Tech Pipes' Book Value per Share too high?
Hi-Tech Pipes' current Book Value per Share is ₹65.78. Overall, Hi-Tech Pipes has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hi-Tech Pipes' Book Value per Share compare to NUE and STLD?
Hi-Tech Pipes' Book Value per Share of ₹65.78 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Steel company?
A good Book Value per Share depends on the Steel industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Hi-Tech Pipes and its competitors. Hi-Tech Pipes's current Book Value per Share is ₹65.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Tech Pipes stock overvalued right now?
Based on GuruFocus' analysis, Hi-Tech Pipes (NSE:HITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹129.89, compared to a current price of ₹84.65 — trading 34.8% below its estimated fair value. The current Book Value per Share is ₹65.78. Hi-Tech Pipes' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Hi-Tech Pipes (NSE:HITECH), the current Book Value per Share is ₹65.78 as of Mar. 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 Hi-Tech Pipes (NSE:HITECH) Overvalued in 2026?
Based on GuruFocus' analysis, Hi-Tech Pipes stock appears to be undervalued.
The current stock price of ₹84.65 is trading 34.8% below its estimated GF Value™ of ₹129.89.
GuruFocus considers Hi-Tech Pipes to be Possible Value Trap.
Key valuation signals for NSE:HITECH:
Book Value per Share: ₹65.78
GF Value™: ₹129.89 vs. price of ₹84.65 (34.8% below fair value)
No single metric tells the full story. See the NSE:HITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Tech Pipes Ltd manufactures and markets a wide range of steel tubes used in industries like infrastructure, telecom, defense, power distribution, railways, airports, construction, real estate, and automotive. Its products include Black Steel Tubes, Rectangular and Hollow sections, Galvanised Steel Tubes, Metal Beam Highway Crash Barriers, Cold Rolling Coils, Cold Formed Sections, Black Hollow Section and Round Pipes, Galvanized Pipes, Pre-Galvanized Pipes, and Cold Rolled Coils. The Indian steel pipes and tubes industry includes segments such as seamless, ERW, LSAW, HSAW, galvanized iron, ductile iron, and black steel pipes, which serve various applications ranging from high-pressure oil and gas pipelines to water supply and general engineering purposes.
87GF Score
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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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