Ultracab (India) (BOM:538706) PB Ratio: 0.90 (As of Jul. 30, 2026) — 80% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:538706 Ultracab (India) Ltd BOM:538706
77 GF Score
Price ₹6.80
GF Value ₹20.71
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ultracab (India) PB Ratio?

Ultracab (India) BOM:538706 -1.45% 77 PB Ratio is 0.90 as of Jul. 30, 2026, which is 80% below its 10-year median of 4.45. GuruFocus rates BOM:538706 with a GF Score™ of 77/100 and a GF Value™ of ₹20.71 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,981 Industrial Products companies, Ultracab (India) ranks better than 79.74% 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 (2026-07-30), Ultracab (India)'s share price is ₹6.80. Ultracab (India)'s Book Value per Share for the quarter that ended in Mar. 2026 was ₹7.54. Hence, Ultracab (India)'s PB Ratio of today is 0.90.

Good Sign:

Ultracab (India) Ltd stock PB Ratio (=0.93) is close to 10-year low of 0.88.

The historical rank and industry rank for Ultracab (India)'s PB Ratio or its related term are showing as below:

BOM:538706' s PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 4.45   Max: 10.69
Current: 0.91

During the past 13 years, Ultracab (India)'s highest PB Ratio was 10.69. The lowest was 0.88. And the median was 4.45.

BOM:538706's PB Ratio is ranked better than
79.74% of 2981 companies
in the Industrial Products industry
Industry Median: 2.05 vs BOM:538706: 0.91

During the past 12 months, Ultracab (India)'s average Book Value Per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 32.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ultracab (India) was 40.30% per year. The lowest was 3.50% per year. And the median was 12.25% per year.

Back to Basics: PB Ratio


Ultracab (India)  (BOM:538706) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Ultracab (India) PB Ratio Related Terms


Ultracab (India) PB Ratio Historical Data

* Premium members only.

The historical data trend for Ultracab (India)'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.

Ultracab (India) PB Ratio Chart

Ultracab (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.32 5.06 3.12 1.36 0.72

Ultracab (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 0.00 1.28 0.00 0.72

BOM:538706 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ultracab (India)'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.


Ultracab (India) PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ultracab (India)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Ultracab (India)'s PB Ratio falls into.


BOM:538706
77GF Score
Ultracab (India) Ltd BOM:538706
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultracab (India) PB Ratio Calculation

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.

Ultracab (India)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.80/7.54
=0.90

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.90 mean?
Ultracab (India) (BOM:538706) has a PB Ratio of 0.90 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ultracab (India) and its competitors. This is 80% below median its historical median of 4.45. Over the past decade, Ultracab (India)'s PB Ratio has ranged from 0.88 to 10.69. According to the industry distribution chart, Ultracab (India) ranks #604 out of 2981 companies in the Industrial Products industry, placing it in the top 20.3%.
Is Ultracab (India)'s PB Ratio too high?
Ultracab (India)'s current PB Ratio of 0.90 is 80% below median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 10.69. The Industrial Products industry median PB Ratio is 2.05. Ultracab (India)'s value of 0.90 is 56.1% below this industry median. Based on the distribution chart, Ultracab (India) ranks #604 out of 2981 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ultracab (India) has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ultracab (India)'s PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ultracab (India) ranks #604 out of 2981 companies for PB Ratio. This places Ultracab (India) in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.05. Ultracab (India)'s value of 0.90 is 56.1% below this benchmark. Historically, Ultracab (India)'s own PB Ratio has ranged from 0.88 to 10.69 over the past decade. While the company's 10-year median is 4.45 vs. the industry median of 2.05, Ultracab (India) 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 2.05, based on 2,981 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. Ultracab (India)'s current PB Ratio of 0.90 is 56.1% 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 Ultracab (India) and its competitors. For the Industrial Products industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultracab (India)'s current PB Ratio is 0.90, which is 80% below median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultracab (India) stock overvalued right now?
Based on GuruFocus' analysis, Ultracab (India) (BOM:538706) is currently considered Possible Value Trap. The stock's GF Value™ is ₹20.71, compared to a current price of ₹6.80 — trading 67.2% below its estimated fair value. The current PB Ratio is 0.90, which is 80% below median its 10-year median of 4.45 and 56.1% below the Industrial Products industry median of 2.05. Ultracab (India)'s overall GF Score™ is 77/100 with 5 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 Ultracab (India) (BOM:538706), the current PB Ratio is 0.90 as of Jul. 30, 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 Ultracab (India) (BOM:538706) Overvalued in 2026?

Based on GuruFocus' analysis, Ultracab (India) stock appears to be undervalued. The current stock price of ₹6.80 is trading 67.2% below its estimated GF Value™ of ₹20.71. GuruFocus considers Ultracab (India) to be Possible Value Trap.

Key valuation signals for BOM:538706:

  • PB Ratio: 0.90 (80% below median its 10-year median of 4.45)
  • GF Value™: ₹20.71 vs. price of ₹6.80 (67.2% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 56.1% below the Industrial Products median (#604 of 2981)

No single metric tells the full story. See the BOM:538706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ultracab (India) Business Description

Address Office No. 1801, Haware Infoteck Park, Plot No. - 39/3, Sector No. 30-A, Vashi, Navi Mumbai, MH, IND, 400703
Ultracab (India) Ltd is engaged in the manufacturing and sale of electric wires and cables. The products of the company are House wires, Flat cables, Industrial cables, Aerial bunched cables, Solar cables, Elevator cables, and others. Geographically it operates through India and its products are sold domestically and in the UK, UAE, Africa, Singapore, and others.
77GF Score

Get the complete analysis for BOM:538706

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹6.80
Price
₹20.71
GF Value