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Delton CablesBOM:504240 +1.88%61 PB Ratio is 1.16 as of Aug. 08, 2026, which is 13% above its 10-year median of 1.03. GuruFocus rates BOM:504240 with a GF Score™ of 61/100 and a GF Value™ of ₹1,056.96 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,977 Industrial Products companies, Delton Cables ranks better than 73.26% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-08), Delton Cables's share price is ₹459.90. Delton Cables's Book Value per Share for the quarter that ended in Mar. 2026 was ₹397.43. Hence, Delton Cables's PB Ratio of today is 1.16.
Good Sign:
Delton Cables Ltd stock PB Ratio (=1.03) is close to 3-year low of 0.97.
The historical rank and industry rank for Delton Cables's PB Ratio or its related term are showing as below:
BOM:504240'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.03 Max: 13.11
Current: 1.21
During the past 13 years, Delton Cables's highest PB Ratio was 13.11. The lowest was 0.22. And the median was 1.03.
BOM:504240's PB Ratio is ranked better than 73.26% of 2977
companies
in the Industrial Products industry
Industry Median: 2.19
vs BOM:504240: 1.21
During the past 12 months, Delton Cables's average Book Value Per Share Growth Rate was 279.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 82.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 36.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Delton Cables was 82.30% per year. The lowest was -16.40% per year. And the median was 4.50% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Delton Cables PB Ratio Related Terms
Delton Cables PB Ratio Historical Data
* Premium members only.
The historical data trend for Delton Cables's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Delton Cables's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Delton Cables PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Delton Cables's PB Ratio distribution charts can be found below:
* The bar in red indicates where Delton Cables's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Delton Cables's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Delton Cables (BOM:504240) has a PB Ratio of 1.16 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Delton Cables and its competitors. This is 13% above median its historical median of 1.03. Over the past decade, Delton Cables' PB Ratio has ranged from 0.22 to 13.11. According to the industry distribution chart, Delton Cables ranks #796 out of 2977 companies in the Industrial Products industry, placing it in the top 26.7%.
Is Delton Cables' PB Ratio too high?
Delton Cables' current PB Ratio of 1.16 is 13% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 13.11. The Industrial Products industry median PB Ratio is 2.19. Delton Cables' value of 1.16 is 47% below this industry median. Based on the distribution chart, Delton Cables ranks #796 out of 2977 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Delton Cables has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delton Cables' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Delton Cables ranks #796 out of 2977 companies for PB Ratio. This puts Delton Cables in the upper half of its industry. The industry median PB Ratio is 2.19. Delton Cables' value of 1.16 is 47% below this benchmark. Historically, Delton Cables' own PB Ratio has ranged from 0.22 to 13.11 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 2.19, Delton Cables has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,977 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delton Cables's current PB Ratio of 1.16 is 47% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Delton Cables and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delton Cables's current PB Ratio is 1.16, which is 13% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delton Cables stock overvalued right now?
Based on GuruFocus' analysis, Delton Cables (BOM:504240) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,056.96, compared to a current price of ₹459.90 — trading 56.5% below its estimated fair value. The current PB Ratio is 1.16, which is 13% above median its 10-year median of 1.03 and 47% below the Industrial Products industry median of 2.19. Delton Cables' overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Delton Cables (BOM:504240), the current PB Ratio is 1.16 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Delton Cables (BOM:504240) Overvalued in 2026?
Based on GuruFocus' analysis, Delton Cables stock appears to be undervalued.
The current stock price of ₹459.90 is trading 56.5% below its estimated GF Value™ of ₹1,056.96.
GuruFocus considers Delton Cables to be Possible Value Trap.
Key valuation signals for BOM:504240:
PB Ratio: 1.16 (13% above median its 10-year median of 1.03)
GF Value™: ₹1,056.96 vs. price of ₹459.90 (56.5% below fair value)
Industry Position: 47% below the Industrial Products median (#796 of 2977)
No single metric tells the full story. See the BOM:504240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delton Cables Ltd is engaged in manufacturing and supplying wires, cables, switchgear, and ancillary activities including trading. It offers wires and cables for various applications, such as power and control, indoor telephone, instrumentation, high temperature, compensating, and zero halogen. The company also provides switchgear, including miniature circuit breakers (MCBs), DC MCBs, MCB isolators, residual current circuit breakers, and offload changeover switches. In addition, it offers distribution boards. It earns the majority of its revenue from selling cables and switchgear items in the Domestic market.
61GF Score
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