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Hatsun Agro ProductNSE:HATSUN -0.21%87 PB Ratio is 10.64 as of Jul. 22, 2026, which is 31% below its 10-year median of 15.40. GuruFocus rates NSE:HATSUN with a GF Score™ of 87/100 and a GF Value™ of ₹1,235.47 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,900 Consumer Packaged Goods companies, Hatsun Agro Product ranks worse than 96.21% on this metric.
Hatsun Agro Product Ltd stock PB Ratio (=10.64) is close to 5-year low of 10.25.
The historical rank and industry rank for Hatsun Agro Product's PB Ratio or its related term are showing as below:
NSE:HATSUN'
s PB Ratio Range Over the Past 10 Years
Min: 8.94 Med: 15.4 Max: 39.04
Current: 10.64
During the past 13 years, Hatsun Agro Product's highest PB Ratio was 39.04. The lowest was 8.94. And the median was 15.40.
NSE:HATSUN's PB Ratio is ranked worse than 96.21% of 1900
companies
in the Consumer Packaged Goods industry
Industry Median: 1.34
vs NSE:HATSUN: 10.64
During the past 12 months, Hatsun Agro Product's average Book Value Per Share Growth Rate was 13.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 22.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hatsun Agro Product was 49.30% per year. The lowest was 10.50% per year. And the median was 21.20% per year.
Back to Basics: PB Ratio
Hatsun Agro Product (NSE:HATSUN) PB Ratio Explanation
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.
Hatsun Agro Product PB Ratio Related Terms
Hatsun Agro Product PB Ratio Historical Data
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The historical data trend for Hatsun Agro Product'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.
For the Packaged Foods subindustry, Hatsun Agro Product'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.
Hatsun Agro Product PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hatsun Agro Product's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hatsun Agro Product's PB Ratio falls into.
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.
* 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.
Hatsun Agro Product (NSE:HATSUN) has a PB Ratio of 10.64 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 Hatsun Agro Product and its competitors. This is 31% below median its historical median of 15.40. Over the past decade, Hatsun Agro Product's PB Ratio has ranged from 8.94 to 39.04. According to the industry distribution chart, Hatsun Agro Product ranks #1828 out of 1900 companies in the Consumer Packaged Goods industry, placing it in the top 96.2%.
Is Hatsun Agro Product's PB Ratio too high?
Hatsun Agro Product's current PB Ratio of 10.64 is 31% below median its 10-year median of 15.40. Over the past 10 years, this metric has ranged from a low of 8.94 to a high of 39.04. The Consumer Packaged Goods industry median PB Ratio is 1.34. Hatsun Agro Product's value of 10.64 is 694% above this industry median. Based on the distribution chart, Hatsun Agro Product ranks #1828 out of 1900 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hatsun Agro Product has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hatsun Agro Product's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hatsun Agro Product ranks #1828 out of 1900 companies for PB Ratio. This places Hatsun Agro Product in the lower half of its industry. The industry median PB Ratio is 1.34. Hatsun Agro Product's value of 10.64 is 694% above this benchmark. Historically, Hatsun Agro Product's own PB Ratio has ranged from 8.94 to 39.04 over the past decade. While the company's 10-year median is 15.40 vs. the industry median of 1.34, Hatsun Agro Product 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.34, based on 1,900 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. Hatsun Agro Product's current PB Ratio of 10.64 is 694% 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 Hatsun Agro Product and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hatsun Agro Product's current PB Ratio is 10.64, which is 31% below median its own 10-year median of 15.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatsun Agro Product stock overvalued right now?
Based on GuruFocus' analysis, Hatsun Agro Product (NSE:HATSUN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,235.47, compared to a current price of ₹928.50 — trading 24.8% below its estimated fair value. The current PB Ratio is 10.64, which is 31% below median its 10-year median of 15.40 and 694% above the Consumer Packaged Goods industry median of 1.34. Hatsun Agro Product's overall GF Score™ is 87/100 with 2 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 Hatsun Agro Product (NSE:HATSUN), the current PB Ratio is 10.64 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 Hatsun Agro Product (NSE:HATSUN) Overvalued in 2026?
Based on GuruFocus' analysis, Hatsun Agro Product stock appears to be undervalued.
The current stock price of ₹928.50 is trading 24.8% below its estimated GF Value™ of ₹1,235.47.
GuruFocus considers Hatsun Agro Product to be Modestly Undervalued.
Key valuation signals for NSE:HATSUN:
PB Ratio: 10.64 (31% below median its 10-year median of 15.40)
GF Value™: ₹1,235.47 vs. price of ₹928.50 (24.8% below fair value)
Industry Position: 694% above the Consumer Packaged Goods median (#1828 of 1900)
No single metric tells the full story. See the NSE:HATSUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.
87GF Score
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