Hindalco IndustriesHNDNF 80 PB Ratio is 0.45 as of Jun. 26, 2026, which is 60% below its 10-year median of 1.13. GuruFocus rates HNDNF with a GF Score™ of 80/100 and a GF Value™ of $2.45. The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, Hindalco Industries ranks better than 63.19% on this metric.
The historical rank and industry rank for Hindalco Industries's PB Ratio or its related term are showing as below:
HNDNF'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 1.13 Max: 1.84
Current: 1.62
During the past 13 years, Hindalco Industries's highest PB Ratio was 1.84. The lowest was 0.34. And the median was 1.13.
HNDNF's PB Ratio is ranked better than 63.19% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs HNDNF: 1.62
During the past 12 months, Hindalco Industries's average Book Value Per Share Growth Rate was 9.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hindalco Industries was 24.50% per year. The lowest was -3.50% per year. And the median was 9.30% per year.
Back to Basics: PB Ratio
Hindalco Industries (OTCPK:HNDNF) 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.
Hindalco Industries PB Ratio Related Terms
Hindalco Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Hindalco 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.
For the Aluminum subindustry, Hindalco 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.
Hindalco Industries PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindalco Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hindalco Industries'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.
Hindalco Industries (HNDNF) has a PB Ratio of 0.45 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hindalco Industries and its competitors. This is 60% below median its historical median of 1.13. Over the past decade, Hindalco Industries' PB Ratio has ranged from 0.34 to 1.84. According to the industry distribution chart, Hindalco Industries ranks #868 out of 2358 companies in the Metals & Mining industry, placing it in the top 36.8%.
Is Hindalco Industries' PB Ratio too high?
Hindalco Industries' current PB Ratio of 0.45 is 60% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.84. The Metals & Mining industry median PB Ratio is 2.27. Hindalco Industries' value of 0.45 is 80.2% below this industry median. Based on the distribution chart, Hindalco Industries ranks #868 out of 2358 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Hindalco Industries has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Hindalco Industries' PB Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Hindalco Industries ranks #868 out of 2358 companies for PB Ratio. This puts Hindalco Industries in the upper half of its industry. The industry median PB Ratio is 2.27. Hindalco Industries' value of 0.45 is 80.2% below this benchmark. Historically, Hindalco Industries' own PB Ratio has ranged from 0.34 to 1.84 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 2.27, Hindalco Industries has consistently been below 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.27, based on 2,358 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. Hindalco Industries's current PB Ratio of 0.45 is 80.2% below 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 Hindalco Industries and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindalco Industries's current PB Ratio is 0.45, which is 60% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindalco Industries stock overvalued right now?
Hindalco Industries (HNDNF) has a current PB Ratio of 0.45. The stock's GF Value™ is $2.45, compared to a current price of $2.95 — trading 20.4% above its estimated fair value. The current PB Ratio is 0.45, which is 60% below median its 10-year median of 1.13 and 80.2% below the Metals & Mining industry median of 2.27. Hindalco Industries' overall GF Score™ is 80/100 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 Hindalco Industries (HNDNF), the current PB Ratio is 0.45 as of Jun. 26, 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 Hindalco Industries (HNDNF) Overvalued in 2026?
Based on GuruFocus' analysis, Hindalco Industries stock appears to be overvalued.
The current stock price of $2.95 is trading 20.4% above its estimated GF Value™ of $2.45.
Key valuation signals for HNDNF:
PB Ratio: 0.45 (60% below median its 10-year median of 1.13)
GF Value™: $2.45 vs. price of $2.95 (20.4% above fair value)
Industry Position: 80.2% below the Metals & Mining median (#868 of 2358)
No single metric tells the full story. See the HNDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations across the globe.
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