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Hillenbrand (Hillenbrand) PB Ratio : 2.03 (As of Apr. 25, 2024)


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What is Hillenbrand 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 (2024-04-25), Hillenbrand's share price is $48.95. Hillenbrand's Book Value per Share for the quarter that ended in Dec. 2023 was $24.09. Hence, Hillenbrand's PB Ratio of today is 2.03.

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

HI' s PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 3.05   Max: 4.7
Current: 2.03

During the past 13 years, Hillenbrand's highest PB Ratio was 4.70. The lowest was 1.09. And the median was 3.05.

HI's PB Ratio is ranked worse than
54.44% of 2926 companies
in the Industrial Products industry
Industry Median: 1.89 vs HI: 2.03

During the past 12 months, Hillenbrand's average Book Value Per Share Growth Rate was 43.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hillenbrand was 27.30% per year. The lowest was -45.70% per year. And the median was 9.40% per year.

Back to Basics: PB Ratio


Hillenbrand PB Ratio Historical Data

The historical data trend for Hillenbrand'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.

Hillenbrand PB Ratio Chart

Hillenbrand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 2.00 2.56 2.34 1.81

Hillenbrand Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.54 2.02 2.17 1.81 1.99

Competitive Comparison of Hillenbrand's PB Ratio

For the Specialty Industrial Machinery subindustry, Hillenbrand'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.


Hillenbrand's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hillenbrand's PB Ratio distribution charts can be found below:

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



Hillenbrand 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=48.95/24.088
=2.03

* 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.


Hillenbrand  (NYSE:HI) 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.


Hillenbrand PB Ratio Related Terms

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


Hillenbrand (Hillenbrand) Business Description

Traded in Other Exchanges
Address
One Batesville Boulevard, Batesville, IN, USA, 47006
Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.
Executives
Daniel C. Hillenbrand director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen officer: Sr VP, Chief Financial Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan officer: Senior Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell director 1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko officer: Sr. VP and President MTS 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips officer: See Remarks 6365 BIRDIE CIRCLE, GRAYLING MI 49738
J Michael Whitted officer: Sr. VP Strategy & Corp Dev ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ling An-heid officer: Senior Vice President ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke officer: VP, CAO ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel officer: Senior Vice President HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor officer: Sr. Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Inderpreet Sawhney director HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Neil S Novich director RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Bhavik N. Soni officer: VP & Chief Information Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Michael D Prado officer: VP, Global Supply Management ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006