Hind Rectifiers Fundamental Relationships

HIRECT -- India Stock  

INR 121.95  0.35  0.29%

The Drivers Module shows relationships between Hind Rectifiers's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Hind Rectifiers Limited over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis

Hind Rectifiers Limited Cash per Share vs. Price to Book Fundamental Analysis

Hind Rectifiers Limited is rated below average in price to book category among related companies. It is rated below average in cash per share category among related companies fabricating about  1.47  of Cash per Share per Price to Book.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
Hind Rectifiers 
MV Per Share 
BV Per Share 
2.67 times
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Cash per Share is a ratio of current cash on hands or in the banks of the company to total number of shares outstanding. It is used to determine firm's liquidity and is a good indicator of overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Hind Rectifiers 
Cash per Share 
Total Cash 
Average Shares 
3.92 times
Companies with high Cash per Share ratio will be considered as attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals

Hind Rectifiers Limited Cash per Share Comparison

Hind Rectifiers is currently under evaluation in cash per share category among related companies.
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