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DELTON CABLES
PB (Price/Book ) Ratio

The Current P/B Ratio of DELTON CABLES is 6.88.

Share Price ₹453.5Apr 26,2024
Market Cap ₹390.0 Cr
Book Value₹56.7 CrMar2023 - Standalone Results
Price/Book 6.88xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DELTON CABLES

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 DELTON CABLES is calculated as :

Current Market Cap [ ₹390.0 Cr] as on Apr 26,2024

(/) Book Value [ ₹56.7 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 6.88x ]

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

Thus, for DELTON CABLES , the investors are currently willing to pay '6.88 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 DELTON CABLES !

The chart below summarizes the trend in P/B Ratio of DELTON CABLES over the last five years.

Historical PB (Price/Book ) ratio chart of DELTON CABLES


PB Ratio Performance Analysis for DELTON CABLES

- DELTON CABLES 's latest p/b ratio is 6.88x.

- DELTON CABLES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.57x.

- DELTON CABLES 's operated at median p/b ratio of 0.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DELTON CABLES 's p/b ratio peaked in Mar2023 at 0.98x.

- DELTON CABLES 's p/b ratio hit its five-year low in Mar2020 of 0.29x.


How does DELTON CABLES 's P/B Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Book ValuePB RatioMarket Cap
DELTON CABLES 56.716.88390.0
POLYCAB INDIA LTD6,599.5412.7183,900.7
KEI INDUSTRIES LTD2,582.3013.6235,177.5
RR KABEL LTD1,418.4313.3818,974.4
FINOLEX CABLES LTD4,370.363.5115,358.9
STERLITE TECHNOLOGIES LTD2,066.003.196,589.5
PRECISION WIRES INDIA LTD450.315.502,477.1
PARAMOUNT COMMUNICATIONS LTD249.879.432,357.1
UNIVERSAL CABLES LTD1,496.611.342,011.5
DYNAMIC CABLES LTD177.435.48971.5
BIRLA CABLE LTD17,592.900.05823.7

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.05x
Max industry PB 13.62x
Median industry PB 5.50x
Average industry PB 6.83x



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