DELTON CABLES
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The Current P/B Ratio of DELTON CABLES is 9.29.
Share Price | ₹770.9 | Nov 21,2024 |
Market Cap | ₹662.9 Cr | |
Book Value | ₹71.3 Cr | Mar2024 - Standalone Results |
Price/Book | 9.29x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DELTON CABLES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹662.9 Cr] as on Nov 21,2024
(/) Book Value [ ₹71.3 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 9.29x ]
Thus, for DELTON CABLES , the investors are currently willing to pay '9.29 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 DELTON CABLES !
The chart below summarizes the trend in P/B Ratio of DELTON CABLES over the last five years.
Historical PB (Price/Book ) ratio chart of DELTON CABLES
PB Ratio Performance Analysis for DELTON CABLES
- DELTON CABLES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.41x.
- DELTON CABLES 's operated at median p/b ratio of 0.74x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DELTON CABLES 's p/b ratio peaked in Mar2024 at 4.52x.
- DELTON CABLES 's p/b ratio hit its five-year low in Mar2020 of 0.29x.
How does DELTON CABLES 's P/B Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DELTON CABLES | 71.33 | 9.29 | 662.9 |
POLYCAB INDIA LTD | 8,116.84 | 11.87 | 96,361.6 |
KEI INDUSTRIES LTD | 3,137.40 | 10.91 | 34,230.5 |
RR KABEL LTD | 1,826.04 | 9.39 | 17,142.3 |
FINOLEX CABLES LTD | 4,945.86 | 3.39 | 16,779.0 |
STERLITE TECHNOLOGIES LTD | 2,009.00 | 2.77 | 5,566.0 |
PRECISION WIRES INDIA LTD | 506.44 | 6.10 | 3,087.2 |
PARAMOUNT COMMUNICATIONS LTD | 623.37 | 3.21 | 1,998.9 |
UNIVERSAL CABLES LTD | 1,775.05 | 1.16 | 2,057.4 |
DYNAMIC CABLES LTD | 213.95 | 10.44 | 2,233.3 |
BIRLA CABLE LTD | 251.00 | 2.41 | 604.8 |
Cable Industry Benchmark (Top 10) PB Analysis vs DELTON CABLES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.16x |
Max industry PB | 11.87x |
Median industry PB | 6.10x |
Average industry PB | 6.45x |
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