Havells India

Havells India P/TBV

The Price to Tangible Book Value (P/TBV) of Havells India (HAVELLS.NS) as of Oct 29, 2026 is 12.88. In the previous year, Price to Tangible Book Value (P/TBV) was 14.70 — a change of -12.41% (lower).

P/TBV

12.88

YoY

-12.41%

Last updated:

Price to Tangible Book Value (P/TBV) of Havells India is 2025 12.88 . Price to Tangible Book Value (P/TBV) of Havells India was 2024 14.70 . It decreases by -12.41% lower compared to the previous year.

The Havells India P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2018
40.18 INR
Jan 1, 2019
32.69 INR
Jan 1, 2020
31.19 INR
Jan 1, 2021
23.81 INR
Jan 1, 2022
19.42 INR
Jan 1, 2023
17.04 INR
Jan 1, 2024
14.70 INR
Jan 1, 2025
12.88 INR
The Havells India P/TBV history
YEARP/TBVYoY
12.88-12.41%
14.70-13.75%
17.04-12.23%
19.42-18.46%
23.81-23.64%
31.19-4.60%
32.69-18.65%
40.18+45.66%
27.59-7.48%
29.82-52.44%
62.69-16.08%
74.70—

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Havells India Stock analysis

What does Havells India do? Havells India Ltd is an Indian company that was founded in 1958 and is headquartered in Delhi. The company operates in various sectors including electrical engineering, lighting, and household appliances. It started as a small electrical trading company and has grown over the years to become one of India's leading electrical conglomerates. Havells India Ltd is a publicly traded company and offers a wide range of products and services to customers in various industries. Its business model is based on the manufacturing and distribution of high-quality and innovative electrical products. The company has a differentiated marketing strategy for its various product lines and has a strong presence in rural and urban areas of India. Havells India Ltd operates in different business areas including electrical engineering, lighting, household appliances, and air conditioning. It has diversified and expanded its offerings through a series of acquisitions and acquisitions in recent years. The company is also a leading provider of solar products such as solar modules and solar heating devices. Havells India Ltd is known for its high-quality and durable products and has a strong presence in India as well as exporting to other countries. It has a network of more than 12,000 authorized dealers and distribution channels across the country. In summary, Havells India Ltd is a significant player in the Indian electrical market and offers a wide range of products and services. The company's continuous expansion and diversification have led to a strong balance sheet and a wider customer base. Havells India is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Havells India stock

Price to Tangible Book Value (P/TBV) of Havells India is 12.88 in 2025.

Price to Tangible Book Value (P/TBV) of Havells India changed from 14.70 to 12.88, representing a -12.41% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) Havells India since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s Havells India with sector peers and the industry average to assess whether it is attractive.

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