BHARAT WIRE ROPES
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The Current P/B Ratio of BHARAT WIRE ROPES is 2.27.
Share Price | ₹217.9 | Jan 02,2025 |
Market Cap | ₹1,490.4 Cr | |
Book Value | ₹657.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.27x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of BHARAT WIRE ROPES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,490.4 Cr] as on Jan 02,2025
(/) Book Value [ ₹657.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.27x ]
Thus, for BHARAT WIRE ROPES , the investors are currently willing to pay '2.27 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of BHARAT WIRE ROPES !
The chart below summarizes the trend in P/B Ratio of BHARAT WIRE ROPES over the last five years.
Historical PB (Price/Book ) ratio chart of BHARAT WIRE ROPES
PB Ratio Performance Analysis for BHARAT WIRE ROPES
- BHARAT WIRE ROPES 's p/b ratio for fiscal years ending Mar2024 to Mar2022 averaged 1.90x.
- BHARAT WIRE ROPES 's operated at median p/b ratio of 1.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, BHARAT WIRE ROPES 's p/b ratio peaked in Mar2024 at 2.86x.
- BHARAT WIRE ROPES 's p/b ratio hit its five-year low in Mar2022 of 0.96x.
How does BHARAT WIRE ROPES 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BHARAT WIRE ROPES | 657.04 | 2.27 | 1,490.4 |
HINDUSTAN ZINC LTD | 15,195.00 | 12.59 | 191,344.0 |
HINDALCO INDUSTRIES LTD | 106,386.00 | 1.27 | 134,620.0 |
VEDANTA LTD | 30,509.00 | 5.77 | 175,889.0 |
HINDUSTAN COPPER LTD | 2,285.11 | 10.56 | 24,141.8 |
GRAVITA INDIA LTD | 837.40 | 19.85 | 16,618.3 |
SHIVALIK BIMETAL CONTROLS LTD | 341.51 | 9.95 | 3,399.5 |
RAM RATNA WIRES LTD | 409.66 | 6.21 | 2,544.3 |
NILE LTD | 229.86 | 2.42 | 555.8 |
RAJNANDINI METAL LTD | 56.71 | 4.35 | 246.9 |
SHERA ENERGY LTD | 106.92 | 4.35 | 464.9 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs BHARAT WIRE ROPES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.27x |
Max industry PB | 19.85x |
Median industry PB | 5.77x |
Average industry PB | 7.24x |
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