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Heranba Industries (NSE:HERANBA) PB Ratio : 2.06 (As of Dec. 14, 2024)


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What is Heranba Industries PB Ratio?

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 (2024-12-14), Heranba Industries's share price is ₹460.25. Heranba Industries's Book Value per Share for the quarter that ended in Sep. 2024 was ₹223.11. Hence, Heranba Industries's PB Ratio of today is 2.06.

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

NSE:HERANBA' s PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.54   Max: 5.82
Current: 2.12

During the past 10 years, Heranba Industries's highest PB Ratio was 5.82. The lowest was 1.38. And the median was 2.54.

NSE:HERANBA's PB Ratio is ranked worse than
61.85% of 249 companies
in the Agriculture industry
Industry Median: 1.66 vs NSE:HERANBA: 2.12

During the past 12 months, Heranba Industries's average Book Value Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 31.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Heranba Industries was 49.70% per year. The lowest was 16.90% per year. And the median was 36.20% per year.

Back to Basics: PB Ratio


Heranba Industries PB Ratio Historical Data

The historical data trend for Heranba Industries'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.

* Premium members only.

Heranba Industries PB Ratio Chart

Heranba Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.78 3.39 1.38 1.35

Heranba Industries Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.75 - 1.35 - 2.14

Competitive Comparison of Heranba Industries's PB Ratio

For the Agricultural Inputs subindustry, Heranba Industries'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.


Heranba Industries's PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Heranba Industries's PB Ratio distribution charts can be found below:

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



Heranba Industries 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.

Heranba Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=460.25/223.107
=2.06

* 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.


Heranba Industries  (NSE:HERANBA) 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.


Heranba Industries PB Ratio Related Terms

Thank you for viewing the detailed overview of Heranba Industries's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Heranba Industries Business Description

Traded in Other Exchanges
Address
Fortune Avirahi, Jambli Galli, Jain Derasar Lane, 2nd Floor, A Wing, Boarivali (West), Mumbai, MH, IND, 400092
Heranba Industries Ltd is a crop protection chemical manufacturer. It is a producer of synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin and others. , The Company has a single operating segment of Agro chemicals. Further, it manufactures different types of pesticides including Insecticides, Fungicides, Herbicides, and other pest control products. It sells the products in India and other countries.

Heranba Industries Headlines

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