DYNAMIC CABLES
|
The Current P/B Ratio of DYNAMIC CABLES is 10.53.
Share Price | ₹930.8 | Nov 22,2024 |
Market Cap | ₹2,252.4 Cr | |
Book Value | ₹214.0 Cr | Mar2024 - Standalone Results |
Price/Book | 10.53x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DYNAMIC CABLES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,252.4 Cr] as on Nov 22,2024
(/) Book Value [ ₹214.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 10.53x ]
Thus, for DYNAMIC CABLES , the investors are currently willing to pay '10.53 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 DYNAMIC CABLES !
The chart below summarizes the trend in P/B Ratio of DYNAMIC CABLES over the last five years.
Historical PB (Price/Book ) ratio chart of DYNAMIC CABLES
PB Ratio Performance Analysis for DYNAMIC CABLES
- DYNAMIC CABLES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.71x.
- DYNAMIC CABLES 's operated at median p/b ratio of 1.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DYNAMIC CABLES 's p/b ratio peaked in Mar2024 at 3.82x.
- DYNAMIC CABLES 's p/b ratio hit its five-year low in Mar2020 of 0.39x.
How does DYNAMIC CABLES 's P/B Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DYNAMIC CABLES | 213.95 | 10.53 | 2,252.4 |
POLYCAB INDIA LTD | 8,116.84 | 12.26 | 99,520.7 |
KEI INDUSTRIES LTD | 3,137.40 | 11.49 | 36,048.1 |
RR KABEL LTD | 1,826.04 | 9.26 | 16,908.3 |
FINOLEX CABLES LTD | 4,945.86 | 3.46 | 17,091.7 |
STERLITE TECHNOLOGIES LTD | 2,009.00 | 2.77 | 5,563.5 |
PRECISION WIRES INDIA LTD | 506.44 | 6.14 | 3,107.7 |
PARAMOUNT COMMUNICATIONS LTD | 623.37 | 3.27 | 2,036.4 |
UNIVERSAL CABLES LTD | 1,775.05 | 1.16 | 2,052.4 |
BIRLA CABLE LTD | 251.00 | 2.46 | 616.8 |
DELTON CABLES LTD | 71.33 | 8.87 | 632.8 |
Cable Industry Benchmark (Top 10) PB Analysis vs DYNAMIC CABLES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.16x |
Max industry PB | 12.26x |
Median industry PB | 6.14x |
Average industry PB | 6.51x |
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