BIRLA CABLE
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The Current P/B Ratio of BIRLA CABLE is 1.84.
Share Price | ₹153.7 | Apr 02,2025 |
Market Cap | ₹461.1 Cr | |
Book Value | ₹251.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.84x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BIRLA CABLE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹461.1 Cr] as on Apr 02,2025
(/) Book Value [ ₹251.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.84x ]
Thus, for BIRLA CABLE , the investors are currently willing to pay '1.84 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 BIRLA CABLE !
The chart below summarizes the trend in P/B Ratio of BIRLA CABLE over the last five years.
Historical PB (Price/Book ) ratio chart of BIRLA CABLE
PB Ratio Performance Analysis for BIRLA CABLE
- BIRLA CABLE 's p/b ratio for fiscal years ending Mar2024 to Mar2023 averaged 2.17x.
- BIRLA CABLE 's operated at median p/b ratio of 2.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, BIRLA CABLE 's p/b ratio peaked in Mar2024 at 2.7x.
- BIRLA CABLE 's p/b ratio hit its five-year low in Mar2023 of 1.63x.
How does BIRLA CABLE 's P/B Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BIRLA CABLE | 251.00 | 1.84 | 461.1 |
POLYCAB INDIA LTD | 8,116.84 | 9.80 | 79,527.9 |
KEI INDUSTRIES LTD | 3,137.40 | 8.79 | 27,569.8 |
FINOLEX CABLES LTD | 4,945.86 | 2.80 | 13,851.0 |
RR KABEL LTD | 1,826.04 | 5.83 | 10,646.4 |
STERLITE TECHNOLOGIES LTD | 2,009.00 | 2.05 | 4,112.2 |
PRECISION WIRES INDIA LTD | 506.44 | 4.80 | 2,432.4 |
PARAMOUNT COMMUNICATIONS LTD | 623.37 | 2.51 | 1,567.6 |
UNIVERSAL CABLES LTD | 1,775.05 | 0.97 | 1,728.4 |
DYNAMIC CABLES LTD | 213.95 | 6.50 | 1,390.9 |
DELTON CABLES LTD | 71.33 | 7.99 | 569.9 |
Cable Industry Benchmark (Top 10) PB Analysis vs BIRLA CABLE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.97x |
Max industry PB | 9.80x |
Median industry PB | 4.80x |
Average industry PB | 4.90x |
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