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BIRLA CABLE
PB (Price/Book ) Ratio

The Current P/B Ratio of BIRLA CABLE is 0.04.

Share Price ₹255.3May 08,2024
Market Cap ₹765.8 Cr
Book Value₹17,592.9 CrMar2023 - Consolidated Results
Price/Book 0.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BIRLA CABLE

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 BIRLA CABLE is calculated as :

Current Market Cap [ ₹765.8 Cr] as on May 08,2024

(/) Book Value [ ₹17,592.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.04x ]

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

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 latest p/b ratio is 0.04x.

- BIRLA CABLE 's p/b ratio for fiscal years ending to May 08,2024 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 ValuePB RatioMarket Cap
BIRLA CABLE 17,592.900.04765.8
POLYCAB INDIA LTD6,599.5413.4989,000.8
KEI INDUSTRIES LTD3,148.2610.8234,068.4
RR KABEL LTD1,418.4313.1418,636.5
FINOLEX CABLES LTD4,370.363.7116,218.5
STERLITE TECHNOLOGIES LTD2,023.003.006,077.6
PRECISION WIRES INDIA LTD450.315.322,396.7
PARAMOUNT COMMUNICATIONS LTD249.878.472,117.1
UNIVERSAL CABLES LTD1,496.611.261,890.7
DYNAMIC CABLES LTD177.435.29938.0
DELTON CABLES LTD56.716.25354.7

Cable Industry Benchmark (Top 10) PB Analysis vs BIRLA CABLE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.04x
Max industry PB 13.49x
Median industry PB 5.32x
Average industry PB 6.44x



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