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POLYCAB INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of POLYCAB INDIA is 12.05.

Share Price ₹5,292.5Apr 19,2024
Market Cap ₹79,492.6 Cr
Book Value₹6,599.5 CrMar2023 - Consolidated Results
Price/Book 12.05xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of POLYCAB INDIA

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 POLYCAB INDIA is calculated as :

Current Market Cap [ ₹79,492.6 Cr] as on Apr 19,2024

(/) Book Value [ ₹6,599.5 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 12.05x ]

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

Thus, for POLYCAB INDIA , the investors are currently willing to pay '12.05 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 POLYCAB INDIA !

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

Historical PB (Price/Book ) ratio chart of POLYCAB INDIA


PB Ratio Performance Analysis for POLYCAB INDIA

- POLYCAB INDIA 's latest p/b ratio is 12.05x.

- POLYCAB INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.04x.

- POLYCAB INDIA 's operated at median p/b ratio of 4.36x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POLYCAB INDIA 's p/b ratio peaked in Mar2023 at 6.53x.

- POLYCAB INDIA 's p/b ratio hit its five-year low in Mar2019 of 0x.


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

Peer Comparison (Cable Industry)Book ValuePB RatioMarket Cap
POLYCAB INDIA 6,599.5412.0579,492.6
KEI INDUSTRIES LTD2,582.3013.1433,941.6
RR KABEL LTD1,418.4312.6517,949.5
FINOLEX CABLES LTD4,370.363.3914,827.5
STERLITE TECHNOLOGIES LTD2,066.002.986,160.5
PRECISION WIRES INDIA LTD450.314.932,218.0
PARAMOUNT COMMUNICATIONS LTD249.879.552,385.3
UNIVERSAL CABLES LTD1,496.611.241,855.2
DYNAMIC CABLES LTD177.435.56987.2
BIRLA CABLE LTD17,592.900.04777.5
DELTON CABLES LTD56.715.41307.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.04x
Max industry PB 13.14x
Median industry PB 5.41x
Average industry PB 6.45x



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