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FINOLEX CABLES
PB (Price/Book ) Ratio

The Current P/B Ratio of FINOLEX CABLES is 2.80.

Share Price ₹905.7Apr 02,2025
Market Cap ₹13,847.4 Cr
Book Value₹4,945.9 CrMar2024 - Consolidated Results
Price/Book 2.80xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of FINOLEX CABLES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of FINOLEX CABLES is calculated as :

Current Market Cap [ ₹13,847.4 Cr] as on Apr 02,2025

(/) Book Value [ ₹4,945.9 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.80x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for FINOLEX CABLES , the investors are currently willing to pay '2.80 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 FINOLEX CABLES !

The chart below summarizes the trend in P/B Ratio of FINOLEX CABLES over the last five years.

Historical PB (Price/Book ) ratio chart of FINOLEX CABLES


PB Ratio Performance Analysis for FINOLEX CABLES

- FINOLEX CABLES 's latest p/b ratio is 2.80x.

- FINOLEX CABLES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.03x.

- FINOLEX CABLES 's operated at median p/b ratio of 1.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FINOLEX CABLES 's p/b ratio peaked in Mar2024 at 3.09x.

- FINOLEX CABLES 's p/b ratio hit its five-year low in Mar2020 of 1.04x.


How does FINOLEX CABLES 's P/B Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Book ValuePB RatioMarket Cap
FINOLEX CABLES 4,945.862.8013,847.4
POLYCAB INDIA LTD8,116.849.8079,527.9
KEI INDUSTRIES LTD3,137.408.7927,569.8
RR KABEL LTD1,826.045.8310,646.4
STERLITE TECHNOLOGIES LTD2,009.002.054,112.2
PRECISION WIRES INDIA LTD506.444.802,432.4
PARAMOUNT COMMUNICATIONS LTD623.372.511,567.6
UNIVERSAL CABLES LTD1,775.050.971,728.4
DYNAMIC CABLES LTD213.956.501,390.9
DELTON CABLES LTD71.337.99569.9
BIRLA CABLE LTD251.001.84461.1

Cable Industry Benchmark (Top 10) PB Analysis vs FINOLEX CABLES 's P/B Ratio

Top 10 Industry PeersPB 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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