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Hitech Corporation Ltd
₹331.50
(0.41%)
Tue, 25 Aug 2026, 04:14 am
Producer Manufacturing
Miscellaneous Manufacturing
24.5KHitech Corporation PB Ratio
| Particulars | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 13.68 | 11.92 | 9.45 | 4.34 | 7.67 | 7.59 | 6.82 | 6.42 | 10.37 | 23.98 | 19.12 | 31.28 | 31.33 | 11.20 | 34.94 | 12.57 | 10.45 | 9.47 | 15.44 | 34.79 |
| Price to book ratio | 3.98 | 2.98 | 2.25 | 0.82 | 1.70 | 1.37 | 0.82 | 0.61 | 0.66 | 1.02 | 2.08 | 2.03 | 1.62 | 1.12 | 0.50 | 1.17 | 1.80 | 1.10 | 1.29 | 1.15 |
| Price to sales ratio | 0.79 | 0.57 | 0.47 | 0.20 | 0.44 | 0.32 | 0.19 | 0.13 | 0.14 | 0.35 | 0.65 | 0.80 | 0.63 | 0.40 | 0.18 | 0.48 | 0.66 | 0.48 | 0.60 | 0.55 |
| Price to cash flow ratio | 5.72 | 30.86 | 9.29 | 2.34 | 9.47 | 12.60 | 4.42 | 1.45 | 4.95 | 7.48 | 8.14 | 9.16 | 7.59 | 2.69 | 2.34 | 4.43 | 6.77 | 4.80 | 8.32 | 9.26 |
| Enterprise value | 97.94Cr | 140Cr | 147Cr | 105Cr | 200Cr | 228Cr | 210Cr | 186Cr | 191Cr | 228Cr | 321Cr | 399Cr | 403Cr | 365Cr | 264Cr | 353Cr | 489Cr | 329Cr | 419Cr | 426Cr |
| Enterprise value to EBITDA ratio | 6.28 | 6.47 | 5.21 | 3.33 | 5.08 | 5.03 | 4.66 | 4.26 | 4.08 | 6.02 | 7.24 | 11.35 | 10.95 | 7.08 | 4.39 | 5.48 | 5.67 | 4.53 | 5.70 | 6.74 |
| Debt to equity ratio | 1.76 | 1.64 | 1.45 | 0.92 | 1.03 | 1.21 | 1.34 | 1.11 | 0.98 | 0.47 | 0.22 | 0.75 | 1.09 | 1.11 | 1.11 | 0.77 | 0.46 | 0.26 | 0.31 | 0.43 |
| Return on equity % | 0 | 31.71 | 28.21 | 22.22 | 24.54 | 19.58 | 12.69 | 9.90 | 6.54 | 5.52 | 9.02 | 6.03 | 4.73 | 10.43 | 1.43 | 9.76 | 18.74 | 12.31 | 8.69 | 3.35 |
Hitech Corporation Ltd Price to Book Ratio
The Hitech Corporation Ltd Price to Book Ratio is a key financial metric used by investors to evaluate Hitech Corporation Ltd's valuation, profitability, and overall financial performance. Tracking the Hitech Corporation Ltd Price to Book Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Hitech Corporation Ltd (NSE: HITECHCORP, BSE: 526217) is currently trading at ₹331.50, with a market capitalization of ₹568.52Cr. As a leading company in the Producer manufacturing sector and Miscellaneous manufacturing industry, monitoring the Hitech Corporation Ltd Price to Book Ratio is essential for fundamental analysis.
Hitech Corporation Ltd Price to Book Ratio Current Value
The current Hitech Corporation Ltd Price to Book Ratio stands at 1.15.
The Hitech Corporation Ltd Price to Book Ratio has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.
Hitech Corporation Ltd Price to Book Ratio Historical Trend
The Hitech Corporation Ltd Price to Book Ratio has shown the following historical trend:
- 2024: 1.15
- 2023: 1.29
- 2022: 1.10
- 2021: 1.80
- 2020: 1.17
The decline in Hitech Corporation Ltd Price to Book Ratio indicates improving financial efficiency or better earnings growth.
What Hitech Corporation Ltd Price to Book Ratio Indicates for Investors
The Hitech Corporation Ltd Price to Book Ratio plays a crucial role in understanding the company's financial health and valuation.
The P/B ratio shows how the market values company assets relative to book value.
Hitech Corporation Ltd Price to Book Ratio Analysis Summary
The Hitech Corporation Ltd Price to Book Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Hitech Corporation Ltd Price to Book Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Hitech Corporation Ltd Price to Book Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.