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PARAMOUNT COMMUNICATIONS
PB (Price/Book ) Ratio

The Current P/B Ratio of PARAMOUNT COMMUNICATIONS is 3.21.

Share Price ₹65.6Nov 21,2024
Market Cap ₹1,998.6 Cr
Book Value₹623.4 CrMar2024 - Consolidated Results
Price/Book 3.21xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PARAMOUNT COMMUNICATIONS

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 PARAMOUNT COMMUNICATIONS is calculated as :

Current Market Cap [ ₹1,998.6 Cr] as on Nov 21,2024

(/) Book Value [ ₹623.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.21x ]

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

Thus, for PARAMOUNT COMMUNICATIONS , the investors are currently willing to pay '3.21 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 PARAMOUNT COMMUNICATIONS !

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

Historical PB (Price/Book ) ratio chart of PARAMOUNT COMMUNICATIONS


PB Ratio Performance Analysis for PARAMOUNT COMMUNICATIONS

- PARAMOUNT COMMUNICATIONS 's latest p/b ratio is 3.21x.

- PARAMOUNT COMMUNICATIONS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.63x.

- PARAMOUNT COMMUNICATIONS 's operated at median p/b ratio of 0.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PARAMOUNT COMMUNICATIONS 's p/b ratio peaked in Mar2024 at 3.26x.

- PARAMOUNT COMMUNICATIONS 's p/b ratio hit its five-year low in Mar2020 of 0.68x.


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

Peer Comparison (Cable Industry)Book ValuePB RatioMarket Cap
PARAMOUNT COMMUNICATIONS 623.373.211,998.6
POLYCAB INDIA LTD8,116.8411.8796,361.6
KEI INDUSTRIES LTD3,137.4010.9134,230.5
RR KABEL LTD1,826.049.3917,142.3
FINOLEX CABLES LTD4,945.863.3916,779.0
STERLITE TECHNOLOGIES LTD2,009.002.775,566.0
PRECISION WIRES INDIA LTD506.446.103,087.2
UNIVERSAL CABLES LTD1,775.051.162,057.4
DYNAMIC CABLES LTD213.9510.442,233.3
BIRLA CABLE LTD251.002.41604.8
DELTON CABLES LTD71.339.34666.0

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

Top 10 Industry PeersPB 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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