AKSH OPTIFIBRE
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The Current P/B Ratio of AKSH OPTIFIBRE is 3.78.
Share Price | ₹9.4 | May 12,2025 |
Market Cap | ₹152.8 Cr | |
Book Value | ₹40.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.78x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AKSH OPTIFIBRE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹152.8 Cr] as on May 12,2025
(/) Book Value [ ₹40.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.78x ]
Thus, for AKSH OPTIFIBRE , the investors are currently willing to pay '3.78 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 AKSH OPTIFIBRE !
The chart below summarizes the trend in P/B Ratio of AKSH OPTIFIBRE over the last five years.
Historical PB (Price/Book ) ratio chart of AKSH OPTIFIBRE
PB Ratio Performance Analysis for AKSH OPTIFIBRE
- AKSH OPTIFIBRE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.14x.
- AKSH OPTIFIBRE 's operated at median p/b ratio of 1.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AKSH OPTIFIBRE 's p/b ratio peaked in Mar2024 at 6.05x.
- AKSH OPTIFIBRE 's p/b ratio hit its five-year low in Mar2020 of 0.39x.
How does AKSH OPTIFIBRE 's P/B Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AKSH OPTIFIBRE | 40.47 | 3.78 | 152.8 |
POLYCAB INDIA LTD | 9,825.03 | 9.16 | 90,041.3 |
KEI INDUSTRIES LTD | 5,785.75 | 5.59 | 32,337.9 |
FINOLEX CABLES LTD | 4,945.86 | 2.84 | 14,022.2 |
RR KABEL LTD | 2,152.62 | 6.71 | 14,454.1 |
STERLITE TECHNOLOGIES LTD | 2,009.00 | 1.61 | 3,240.8 |
PRECISION WIRES INDIA LTD | 506.44 | 4.99 | 2,528.9 |
PARAMOUNT COMMUNICATIONS LTD | 623.37 | 2.47 | 1,539.2 |
UNIVERSAL CABLES LTD | 1,775.05 | 0.97 | 1,718.6 |
DYNAMIC CABLES LTD | 213.95 | 6.94 | 1,484.3 |
DELTON CABLES LTD | 71.33 | 6.97 | 497.5 |
Cable Industry Benchmark (Top 10) PB Analysis vs AKSH OPTIFIBRE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.97x |
Max industry PB | 9.16x |
Median industry PB | 4.99x |
Average industry PB | 4.73x |
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