Hindprakash Industries Ltd (NSE:HPIL) PB Ratio: 2.56 (As of Jul. 24, 2026) — Near Median

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NSE:HPIL Hindprakash Industries Ltd NSE:HPIL
74 GF Score
Price ₹122.12
GF Value ₹141.33
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Hindprakash Industries Ltd PB Ratio?

Hindprakash Industries Ltd NSE:HPIL +0.33% 74 PB Ratio is 2.56 as of Jul. 24, 2026, which is 9% below its 10-year median of 2.82. GuruFocus rates NSE:HPIL with a GF Score™ of 74/100 and a GF Value™ of ₹141.33 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,575 Chemicals companies, Hindprakash Industries Ltd ranks worse than 69.33% 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 (2026-07-24), Hindprakash Industries Ltd's share price is ₹122.12. Hindprakash Industries Ltd's Book Value per Share for the quarter that ended in Mar. 2026 was ₹47.65. Hence, Hindprakash Industries Ltd's PB Ratio of today is 2.56.

Good Sign:

Hindprakash Industries Ltd stock PB Ratio (=2.62) is close to 3-year low of 2.38.

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

NSE:HPIL' s PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.82   Max: 3.92
Current: 2.57

During the past 10 years, Hindprakash Industries Ltd's highest PB Ratio was 3.92. The lowest was 1.86. And the median was 2.82.

NSE:HPIL's PB Ratio is ranked worse than
69.33% of 1575 companies
in the Chemicals industry
Industry Median: 1.64 vs NSE:HPIL: 2.57

During the past 12 months, Hindprakash Industries Ltd's average Book Value Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Hindprakash Industries Ltd was 33.70% per year. The lowest was 5.20% per year. And the median was 8.60% per year.

Back to Basics: PB Ratio


Hindprakash Industries Ltd  (NSE:HPIL) 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.


Hindprakash Industries Ltd PB Ratio Related Terms


Hindprakash Industries Ltd PB Ratio Historical Data

* Premium members only.

The historical data trend for Hindprakash Industries Ltd'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.

Hindprakash Industries Ltd PB Ratio Chart

Hindprakash Industries Ltd 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 1.51 1.86 3.04 2.74 2.40

Hindprakash Industries Ltd Quarterly Data
Sep20 Mar21 Sep21 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 2.74 0.00 2.88 0.00 2.40

NSE:HPIL vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Hindprakash Industries Ltd'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.


Hindprakash Industries Ltd PB Ratio vs Chemicals Industry

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

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


NSE:HPIL
74GF Score
Hindprakash Industries Ltd NSE:HPIL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindprakash Industries Ltd 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=122.12/47.646
=2.56

* 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 2.56 mean?
Hindprakash Industries Ltd (NSE:HPIL) has a PB Ratio of 2.56 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hindprakash Industries Ltd and its competitors. This is near median its historical median of 2.82. Over the past decade, Hindprakash Industries Ltd's PB Ratio has ranged from 1.86 to 3.92. According to the industry distribution chart, Hindprakash Industries Ltd ranks #1092 out of 1575 companies in the Chemicals industry, placing it in the top 69.3%.
Is Hindprakash Industries Ltd's PB Ratio too high?
Hindprakash Industries Ltd's current PB Ratio of 2.56 is near median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 3.92. The Chemicals industry median PB Ratio is 1.64. Hindprakash Industries Ltd's value of 2.56 is 56.1% above this industry median. Based on the distribution chart, Hindprakash Industries Ltd ranks #1092 out of 1575 companies in the Chemicals industry, which is below the industry midpoint. Overall, Hindprakash Industries Ltd has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindprakash Industries Ltd's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hindprakash Industries Ltd ranks #1092 out of 1575 companies for PB Ratio. This places Hindprakash Industries Ltd in the lower half of its industry. The industry median PB Ratio is 1.64. Hindprakash Industries Ltd's value of 2.56 is 56.1% above this benchmark. Historically, Hindprakash Industries Ltd's own PB Ratio has ranged from 1.86 to 3.92 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.64, Hindprakash Industries Ltd 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.64, based on 1,575 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. Hindprakash Industries Ltd's current PB Ratio of 2.56 is 56.1% 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 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 Hindprakash Industries Ltd and its competitors. For the Chemicals industry, the median PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindprakash Industries Ltd's current PB Ratio is 2.56, which is near median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindprakash Industries Ltd stock overvalued right now?
Based on GuruFocus' analysis, Hindprakash Industries Ltd (NSE:HPIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹141.33, compared to a current price of ₹122.12 — trading 13.6% below its estimated fair value. The current PB Ratio is 2.56, which is near median its 10-year median of 2.82 and 56.1% above the Chemicals industry median of 1.64. Hindprakash Industries Ltd's overall GF Score™ is 74/100 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 Hindprakash Industries Ltd (NSE:HPIL), the current PB Ratio is 2.56 as of Jul. 24, 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 Hindprakash Industries Ltd (NSE:HPIL) Overvalued in 2026?

Based on GuruFocus' analysis, Hindprakash Industries Ltd stock appears to be undervalued. The current stock price of ₹122.12 is trading 13.6% below its estimated GF Value™ of ₹141.33. GuruFocus considers Hindprakash Industries Ltd to be Modestly Undervalued.

Key valuation signals for NSE:HPIL:

  • PB Ratio: 2.56 (near median its 10-year median of 2.82)
  • GF Value™: ₹141.33 vs. price of ₹122.12 (13.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 56.1% above the Chemicals median (#1092 of 1575)

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


Hindprakash Industries Ltd Business Description

Other Exchanges 543645:India
Address 301, Hindprakash House, Plot No. 10/6, Phase-I, GIDC, Vatva, Ahmedabad, GJ, IND, 382 445
Hindprakash Industries Ltd is an Indian company engaged in the manufacturing, dealing, and trading of dyes, intermediates, auxiliary, chemicals, and other merchandise. Its products include Dyestuff, Dyes intermediates, Textile chemicals and aux, and Water treatments. The company earns revenues from the manufacturing of dyes.
74GF Score

Get the complete analysis for NSE:HPIL

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

₹122.12
Price
₹141.33
GF Value