Hindustan Aeronautics
HAL.NS
$47.80
Share price
-0.41%
Change (1 day)
37.95%
Change (1 year)
Hindustan Aeronautics (HAL.NS) - P/B ratio
P/B ratio as of April 2024 : 10.6
According to Hindustan Aeronautics's latest financial reports the company has a price-to-book ratio of 10.6.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Hindustan Aeronautics - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 7.44 | 86.92% |
| 2022-12-31 | 3.98 | 62.24% |
| 2021-12-31 | 2.45 | 20.17% |
| 2020-12-31 | 2.04 | 1.2% |
| 2019-12-31 | 2.02 |