BHARAT WIRE ROPES
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The Current P/B Ratio of BHARAT WIRE ROPES is 1.85.
| Share Price | ₹218.9 | May 22,2026 |
| Market Cap | ₹1,501.3 Cr | |
| Book Value | ₹810.8 Cr | Mar2026 - Standalone Results |
| Price/Book | 1.85x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of BHARAT WIRE ROPES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
|---|---|---|---|
| BHARAT WIRE ROPES | 810.83 | 1.85 | 1,501.3 |
| JSW STEEL LTD | 79,083.00 | 3.97 | 314,278.0 |
| TATA STEEL LTD | 103,780.00 | 2.52 | 261,154.0 |
| STEEL AUTHORITY OF INDIA LTD | 60,355.90 | 1.38 | 83,023.6 |
| JINDAL STAINLESS LTD | 19,791.30 | 3.07 | 60,697.9 |
| APL APOLLO TUBES LTD | 5,296.53 | 9.86 | 52,209.5 |
| WELSPUN CORP LTD | 9,155.56 | 3.68 | 33,671.6 |
| SHYAM METALICS AND ENERGY LTD | 11,522.80 | 2.29 | 26,364.0 |
| GODAWARI POWER AND ISPAT LTD | 5,691.57 | 3.44 | 19,593.1 |
| SARDA ENERGY & MINERALS LTD | 6,286.43 | 3.19 | 20,032.9 |
| RATNAMANI METALS & TUBES LTD | 4,110.62 | 4.34 | 17,849.6 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs BHARAT WIRE ROPES 's P/B Ratio
| Top 10 Industry Peers | PB 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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