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BHARAT WIRE ROPES
PB (Price/Book ) Ratio

The Current P/B Ratio of BHARAT WIRE ROPES is 1.85.

Share Price ₹218.9May 22,2026
Market Cap ₹1,501.3 Cr
Book Value₹810.8 CrMar2026 - Standalone Results
Price/Book 1.85xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BHARAT WIRE ROPES

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 BHARAT WIRE ROPES is calculated as :

Current Market Cap [ ₹1,501.3 Cr] as on May 22,2026

(/) Book Value [ ₹810.8 Cr] based on Mar2026 - Standalone Results

(=) P/B Ratio [ 1.85x ]

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

Thus, for BHARAT WIRE ROPES , the investors are currently willing to pay '1.85 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 BHARAT WIRE ROPES !

The chart below summarizes the trend in P/B Ratio of BHARAT WIRE ROPES over the last five years.

Historical PB (Price/Book ) ratio chart of BHARAT WIRE ROPES


PB Ratio Performance Analysis for BHARAT WIRE ROPES

- BHARAT WIRE ROPES 's latest p/b ratio is 1.85x.

- BHARAT WIRE ROPES 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 1.60x.

- BHARAT WIRE ROPES 's operated at median p/b ratio of 1.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT WIRE ROPES 's p/b ratio peaked in Mar2024 at 2.85x.

- BHARAT WIRE ROPES 's p/b ratio hit its five-year low in Mar2021 of 0.5x.


How does BHARAT WIRE ROPES 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
BHARAT WIRE ROPES 810.831.851,501.3
JSW STEEL LTD79,083.003.97314,278.0
TATA STEEL LTD103,780.002.52261,154.0
STEEL AUTHORITY OF INDIA LTD60,355.901.3883,023.6
JINDAL STAINLESS LTD19,791.303.0760,697.9
APL APOLLO TUBES LTD5,296.539.8652,209.5
WELSPUN CORP LTD9,155.563.6833,671.6
SHYAM METALICS AND ENERGY LTD11,522.802.2926,364.0
GODAWARI POWER AND ISPAT LTD5,691.573.4419,593.1
SARDA ENERGY & MINERALS LTD6,286.433.1920,032.9
RATNAMANI METALS & TUBES LTD4,110.624.3417,849.6

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs BHARAT WIRE ROPES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.38x
Max industry PB 9.86x
Median industry PB 3.19x
Average industry PB 3.60x



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