Hvax Technologies (NSE:HVAX) PB Ratio: 2.55 (As of Aug. 31, 2026) — 20% Below Median

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NSE:HVAX Hvax Technologies Ltd NSE:HVAX
19 GF Score
Price ₹660.00
! 3 Warning Signs
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What is Hvax Technologies PB Ratio?

Hvax Technologies NSE:HVAX -2.22% 19 PB Ratio is 2.55 as of Aug. 31, 2026, which is 20% below its 10-year median of 3.20. GuruFocus rates NSE:HVAX with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 157 Industrial Distribution companies, Hvax Technologies ranks worse than 75.8% 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 (2026-08-31), Hvax Technologies's share price is ₹660.00. Hvax Technologies's Book Value per Share for the quarter that ended in Mar. 2025 was ₹259.33. Hence, Hvax Technologies's PB Ratio of today is 2.55.

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

NSE:HVAX' s PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.2   Max: 8.61
Current: 2.55

During the past 5 years, Hvax Technologies's highest PB Ratio was 8.61. The lowest was 2.19. And the median was 3.20.

NSE:HVAX's PB Ratio is ranked worse than
75.8% of 157 companies
in the Industrial Distribution industry
Industry Median: 1.15 vs NSE:HVAX: 2.55

During the past 12 months, Hvax Technologies's average Book Value Per Share Growth Rate was 132.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 81.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Hvax Technologies was 81.70% per year. The lowest was 58.20% per year. And the median was 69.95% per year.

Back to Basics: PB Ratio


Hvax Technologies  (NSE:HVAX) 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.


Hvax Technologies PB Ratio Related Terms


Hvax Technologies PB Ratio Historical Data

* Premium members only.

The historical data trend for Hvax Technologies'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.

Hvax Technologies PB Ratio Chart

Hvax Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
0.00 0.00 0.00 0.00 2.16

Hvax Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio 0.00 0.00 0.00 0.00 2.16

NSE:HVAX vs GWW, FAST, FERG: PB Ratio Comparison

For the Industrial Distribution subindustry, Hvax Technologies'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.


Hvax Technologies PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hvax Technologies's PB Ratio distribution charts can be found below:

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


NSE:HVAX
19GF Score
Hvax Technologies Ltd NSE:HVAX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hvax Technologies 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.

Hvax Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2025)
=660.00/259.329
=2.55

* 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 2.55 mean?
Hvax Technologies (NSE:HVAX) has a PB Ratio of 2.55 as of Aug. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hvax Technologies and its competitors. This is 20% below median its historical median of 3.20. Over the past decade, Hvax Technologies' PB Ratio has ranged from 2.19 to 8.61. According to the industry distribution chart, Hvax Technologies ranks #119 out of 157 companies in the Industrial Distribution industry, placing it in the top 75.8%.
Is Hvax Technologies' PB Ratio too high?
Hvax Technologies' current PB Ratio of 2.55 is 20% below median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 8.61. The Industrial Distribution industry median PB Ratio is 1.15. Hvax Technologies' value of 2.55 is 121.7% above this industry median. Based on the distribution chart, Hvax Technologies ranks #119 out of 157 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Hvax Technologies has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Hvax Technologies' PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hvax Technologies ranks #119 out of 157 companies for PB Ratio. This places Hvax Technologies in the lower half of its industry. The industry median PB Ratio is 1.15. Hvax Technologies' value of 2.55 is 121.7% above this benchmark. Historically, Hvax Technologies' own PB Ratio has ranged from 2.19 to 8.61 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 1.15, Hvax Technologies 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 an Industrial Distribution company?
The median PB Ratio among Industrial Distribution companies is 1.15, based on 157 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. Hvax Technologies's current PB Ratio of 2.55 is 121.7% 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 Hvax Technologies and its competitors. For the Industrial Distribution industry, the median PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hvax Technologies's current PB Ratio is 2.55, which is 20% below median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hvax Technologies stock overvalued right now?
Hvax Technologies (NSE:HVAX) has a current PB Ratio of 2.55. The current PB Ratio is 2.55, which is 20% below median its 10-year median of 3.20 and 121.7% above the Industrial Distribution industry median of 1.15. Hvax Technologies' overall GF Score™ is 19/100 with 3 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 Hvax Technologies (NSE:HVAX), the current PB Ratio is 2.55 as of Aug. 31, 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.

Hvax Technologies Business Description

Address I-Think Techno Campus, 601, 6th Floor, Lodha Supremus, Nehru Nagar, Kanjurmarg (East), Mumbai, MH, IND, 400042
Hvax Technologies Ltd is engaged in the business of turnkey projects on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms; design, engineering, and consultancy services for pharma and healthcare companies. As a part of turnkey projects, the company supplies the following third-party manufactured products: Cleanroom wall panels, Cleanroom ceiling panels, Covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, pre-fabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) Equipment, and Utility generation and distribution equipment.
19GF Score

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