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POLYCAB INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of POLYCAB INDIA is 12.26.

Share Price ₹6,617.2Nov 22,2024
Market Cap ₹99,522.7 Cr
Book Value₹8,116.8 CrMar2024 - Consolidated Results
Price/Book 12.26xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of POLYCAB INDIA

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 POLYCAB INDIA is calculated as :

Current Market Cap [ ₹99,522.7 Cr] as on Nov 22,2024

(/) Book Value [ ₹8,116.8 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 12.26x ]

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

Thus, for POLYCAB INDIA , the investors are currently willing to pay '12.26 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 POLYCAB INDIA !

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

Historical PB (Price/Book ) ratio chart of POLYCAB INDIA


PB Ratio Performance Analysis for POLYCAB INDIA

- POLYCAB INDIA 's latest p/b ratio is 12.26x.

- POLYCAB INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.92x.

- POLYCAB INDIA 's operated at median p/b ratio of 6.42x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POLYCAB INDIA 's p/b ratio peaked in Mar2024 at 9.38x.

- POLYCAB INDIA 's p/b ratio hit its five-year low in Mar2020 of 2.9x.


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

Peer Comparison (Cable Industry)Book ValuePB RatioMarket Cap
POLYCAB INDIA 8,116.8412.2699,522.7
KEI INDUSTRIES LTD3,137.4011.5736,309.9
RR KABEL LTD1,826.049.0616,545.3
FINOLEX CABLES LTD4,945.863.5217,396.8
STERLITE TECHNOLOGIES LTD2,009.002.835,675.7
PRECISION WIRES INDIA LTD506.446.163,122.0
PARAMOUNT COMMUNICATIONS LTD623.373.342,079.1
UNIVERSAL CABLES LTD1,775.051.202,131.2
DYNAMIC CABLES LTD213.9510.312,205.8
BIRLA CABLE LTD251.002.52632.9
DELTON CABLES LTD71.339.29662.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.20x
Max industry PB 12.26x
Median industry PB 6.16x
Average industry PB 6.55x



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