PRECISION WIRES INDIA
|
The Current P/B Ratio of PRECISION WIRES INDIA is 6.14.
Share Price | ₹174.0 | Nov 22,2024 |
Market Cap | ₹3,108.5 Cr | |
Book Value | ₹506.4 Cr | Mar2024 - Standalone Results |
Price/Book | 6.14x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of PRECISION WIRES INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,108.5 Cr] as on Nov 22,2024
(/) Book Value [ ₹506.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 6.14x ]
Thus, for PRECISION WIRES INDIA , the investors are currently willing to pay '6.14 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 PRECISION WIRES INDIA !
The chart below summarizes the trend in P/B Ratio of PRECISION WIRES INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of PRECISION WIRES INDIA
PB Ratio Performance Analysis for PRECISION WIRES INDIA
- PRECISION WIRES INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.29x.
- PRECISION WIRES INDIA 's operated at median p/b ratio of 2.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRECISION WIRES INDIA 's p/b ratio peaked in Mar2024 at 4.52x.
- PRECISION WIRES INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.55x.
How does PRECISION WIRES INDIA 's P/B Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
PRECISION WIRES INDIA | 506.44 | 6.14 | 3,108.5 |
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 |
PARAMOUNT COMMUNICATIONS LTD | 623.37 | 3.27 | 2,036.4 |
UNIVERSAL CABLES LTD | 1,775.05 | 1.16 | 2,052.4 |
DYNAMIC CABLES LTD | 213.95 | 10.54 | 2,255.1 |
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 PRECISION WIRES INDIA '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 | 6.52x |
You may also like the below Video Courses