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DYNAMIC CABLES
PB (Price/Book ) Ratio

The Current P/B Ratio of DYNAMIC CABLES is 5.31.

Share Price ₹428.3May 03,2024
Market Cap ₹942.3 Cr
Book Value₹177.4 CrMar2023 - Standalone Results
Price/Book 5.31xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DYNAMIC 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 DYNAMIC CABLES is calculated as :

Current Market Cap [ ₹942.3 Cr] as on May 03,2024

(/) Book Value [ ₹177.4 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 5.31x ]

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

Thus, for DYNAMIC CABLES , the investors are currently willing to pay '5.31 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 DYNAMIC CABLES !

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

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


PB Ratio Performance Analysis for DYNAMIC CABLES

- DYNAMIC CABLES 's latest p/b ratio is 5.31x.

- DYNAMIC CABLES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.08x.

- DYNAMIC CABLES 's operated at median p/b ratio of 0.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DYNAMIC CABLES 's p/b ratio peaked in Mar2023 at 2.08x.

- DYNAMIC CABLES 's p/b ratio hit its five-year low in Mar2020 of 0.39x.


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

Peer Comparison (Cable Industry)Book ValuePB RatioMarket Cap
DYNAMIC CABLES 177.435.31942.3
POLYCAB INDIA LTD6,599.5413.2787,606.5
KEI INDUSTRIES LTD3,148.2611.1635,138.2
RR KABEL LTD1,418.4313.4419,057.9
FINOLEX CABLES LTD4,370.363.6616,004.3
STERLITE TECHNOLOGIES LTD2,066.003.286,777.3
PRECISION WIRES INDIA LTD450.315.572,510.1
PARAMOUNT COMMUNICATIONS LTD249.879.072,266.1
UNIVERSAL CABLES LTD1,496.611.321,970.9
BIRLA CABLE LTD17,592.900.05807.9
DELTON CABLES LTD56.716.64376.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.05x
Max industry PB 13.44x
Median industry PB 5.57x
Average industry PB 6.62x



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