BIRLA CABLE
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The Current P/B Ratio of BIRLA CABLE is 0.04.
Share Price | ₹225.8 | Mar 28,2024 |
Market Cap | ₹677.3 Cr | |
Book Value | ₹17,592.9 Cr | Mar2023 - Consolidated Results |
Price/Book | 0.04x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of BIRLA CABLE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹677.3 Cr] as on Mar 28,2024
(/) Book Value [ ₹17,592.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.04x ]
Thus, for BIRLA CABLE , the investors are currently willing to pay '0.04 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 BIRLA CABLE !
The chart below summarizes the trend in P/B Ratio of BIRLA CABLE over the last five years.
Historical PB (Price/Book ) ratio chart of BIRLA CABLE
PB Ratio Performance Analysis for BIRLA CABLE
- BIRLA CABLE 's p/b ratio for fiscal years ending to Mar 28,2024 averaged nanx.
- BIRLA CABLE 's operated at median p/b ratio of x from fiscal years ending March 2018 to 2022.
- Looking back at the last 0 fiscal years, BIRLA CABLE 's p/b ratio peaked in at x.
- BIRLA CABLE 's p/b ratio hit its five-year low in of x.
How does BIRLA CABLE 's P/B Ratio benchmark against top 10 peers in Cable Industry?
Peer Comparison (Cable Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BIRLA CABLE | 17,592.90 | 0.04 | 677.3 |
POLYCAB INDIA LTD | 6,599.54 | 11.53 | 76,114.3 |
KEI INDUSTRIES LTD | 2,582.30 | 12.07 | 31,181.1 |
RR KABEL LTD | 1,418.43 | 12.23 | 17,345.9 |
FINOLEX CABLES LTD | 4,370.36 | 3.50 | 15,306.2 |
STERLITE TECHNOLOGIES LTD | 2,066.00 | 2.14 | 4,422.2 |
PRECISION WIRES INDIA LTD | 450.31 | 5.08 | 2,286.8 |
PARAMOUNT COMMUNICATIONS LTD | 249.87 | 8.13 | 2,032.4 |
UNIVERSAL CABLES LTD | 1,496.61 | 1.05 | 1,577.1 |
DYNAMIC CABLES LTD | 177.43 | 4.60 | 816.7 |
DELTON CABLES LTD | 56.71 | 5.69 | 322.5 |
Cable Industry Benchmark (Top 10) PB Analysis vs BIRLA CABLE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.04x |
Max industry PB | 12.23x |
Median industry PB | 5.08x |
Average industry PB | 6.01x |
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