Hitech (BOM:526217) PB Ratio: 1.94 (As of Jul. 22, 2026) — 28% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BOM:526217 Hitech Corp Ltd BOM:526217
59 GF Score
Price ₹321.50
GF Value ₹252.46
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Hitech PB Ratio?

Hitech BOM:526217 -0.69% 59 PB Ratio is 1.94 as of Jul. 22, 2026, which is 28% above its 10-year median of 1.51. GuruFocus rates BOM:526217 with a GF Score™ of 59/100 and a GF Value™ of ₹252.46 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 389 Packaging & Containers companies, Hitech ranks worse than 71.72% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-22), Hitech's share price is ₹321.50. Hitech's Book Value per Share for the quarter that ended in Mar. 2026 was ₹165.72. Hence, Hitech's PB Ratio of today is 1.94.

Warning Sign:

Hitech Corp Ltd stock PB Ratio (=1.94) is close to 3-year high of 2.05.

The historical rank and industry rank for Hitech's PB Ratio or its related term are showing as below:

BOM:526217' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.51   Max: 2.64
Current: 1.94

During the past 13 years, Hitech's highest PB Ratio was 2.64. The lowest was 0.51. And the median was 1.51.

BOM:526217's PB Ratio is ranked worse than
71.72% of 389 companies
in the Packaging & Containers industry
Industry Median: 1.17 vs BOM:526217: 1.94

During the past 12 months, Hitech's average Book Value Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hitech was 31.20% per year. The lowest was -3.30% per year. And the median was 9.40% per year.

Back to Basics: PB Ratio


Hitech  (BOM:526217) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Hitech PB Ratio Related Terms


Hitech PB Ratio Historical Data

* Premium members only.

The historical data trend for Hitech's PB Ratio 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.

Hitech PB Ratio Chart

Hitech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.10 1.29 1.15 0.70

Hitech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 0.00 1.16 0.00 0.70

BOM:526217 vs SW, PKG, IP: PB Ratio Comparison

For the Packaging & Containers subindustry, Hitech'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.


Hitech PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hitech's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hitech's PB Ratio falls into.


BOM:526217
59GF Score
Hitech Corp Ltd BOM:526217
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hitech PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Hitech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=321.50/165.722
=1.94

* 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.

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

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

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.94 mean?
Hitech (BOM:526217) has a PB Ratio of 1.94 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hitech and its competitors. This is 28% above median its historical median of 1.51. Over the past decade, Hitech's PB Ratio has ranged from 0.51 to 2.64. According to the industry distribution chart, Hitech ranks #279 out of 389 companies in the Packaging & Containers industry, placing it in the top 71.7%.
Is Hitech's PB Ratio too high?
Hitech's current PB Ratio of 1.94 is 28% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.64. The Packaging & Containers industry median PB Ratio is 1.17. Hitech's value of 1.94 is 65.8% above this industry median. Based on the distribution chart, Hitech ranks #279 out of 389 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Hitech has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hitech's PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Hitech ranks #279 out of 389 companies for PB Ratio. This places Hitech in the lower half of its industry. The industry median PB Ratio is 1.17. Hitech's value of 1.94 is 65.8% above this benchmark. Historically, Hitech's own PB Ratio has ranged from 0.51 to 2.64 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.17, Hitech 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 PB Ratio for a Packaging & Containers company?
The median PB Ratio among Packaging & Containers companies is 1.17, based on 389 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hitech's current PB Ratio of 1.94 is 65.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hitech and its competitors. For the Packaging & Containers industry, the median PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hitech's current PB Ratio is 1.94, which is 28% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitech stock overvalued right now?
Based on GuruFocus' analysis, Hitech (BOM:526217) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹252.46, compared to a current price of ₹321.50 — trading 27.3% above its estimated fair value. The current PB Ratio is 1.94, which is 28% above median its 10-year median of 1.51 and 65.8% above the Packaging & Containers industry median of 1.17. Hitech's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Hitech (BOM:526217), the current PB Ratio is 1.94 as of Jul. 22, 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 Hitech (BOM:526217) Overvalued in 2026?

Based on GuruFocus' analysis, Hitech stock appears to be overvalued. The current stock price of ₹321.50 is trading 27.3% above its estimated GF Value™ of ₹252.46. GuruFocus considers Hitech to be Modestly Overvalued.

Key valuation signals for BOM:526217:

  • PB Ratio: 1.94 (28% above median its 10-year median of 1.51)
  • GF Value™: ₹252.46 vs. price of ₹321.50 (27.3% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 65.8% above the Packaging & Containers median (#279 of 389)

No single metric tells the full story. See the BOM:526217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hitech Business Description

Other Exchanges HITECHCORP:India
Address Senapati Bapat Marg, Unit No. 201, 2nd Floor, Welspun House, Kamala City, Lower Parel (West), Mumbai, MH, IND, 400 013
Hitech Corp Ltd is an India-based company engaged in the manufacturing of packaging products of plastics. The company has identified Plastic Containers as its single primary reportable segment. It has several manufacturing facilities in India and caters to various industries. The company's product includes paint and coating, personal care, food and beverages, healthcare, construction chemicals and adhesives, agrochemicals, and lubricants.
59GF Score

Get the complete analysis for BOM:526217

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹321.50
Price
₹252.46
GF Value