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Polycab India (BOM:542652) PB Ratio : 13.16 (As of Dec. 13, 2024)


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What is Polycab India PB Ratio?

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 (2024-12-13), Polycab India's share price is ₹7521.75. Polycab India's Book Value per Share for the quarter that ended in Sep. 2024 was ₹571.45. Hence, Polycab India's PB Ratio of today is 13.16.

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

BOM:542652' s PB Ratio Range Over the Past 10 Years
Min: 2.43   Med: 6.71   Max: 13.17
Current: 13.17

During the past 9 years, Polycab India's highest PB Ratio was 13.17. The lowest was 2.43. And the median was 6.71.

BOM:542652's PB Ratio is ranked worse than
95.83% of 2929 companies
in the Industrial Products industry
Industry Median: 2.12 vs BOM:542652: 13.17

During the past 12 months, Polycab India's average Book Value Per Share Growth Rate was 19.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.20% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Polycab India was 24.70% per year. The lowest was 14.90% per year. And the median was 21.00% per year.

Back to Basics: PB Ratio


Polycab India PB Ratio Historical Data

The historical data trend for Polycab 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.

* Premium members only.

Polycab India PB Ratio Chart

Polycab India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only 2.88 4.33 6.38 6.50 9.30

Polycab India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.13 - 9.30 11.79 12.17

Competitive Comparison of Polycab India's PB Ratio

For the Electrical Equipment & Parts subindustry, Polycab 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.


Polycab India's PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Polycab India's PB Ratio falls into.



Polycab 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.

Polycab India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=7521.75/571.449
=13.16

* 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.


Polycab India  (BOM:542652) 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.


Polycab India PB Ratio Related Terms

Thank you for viewing the detailed overview of Polycab India's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Polycab India Business Description

Traded in Other Exchanges
Address
No. 29, Senapati Bapat Marg, Tulsi Pipe Road, The Ruby, 21st Floor, Dadar (West), Mumbai, MH, IND, 400028
Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and Others segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.

Polycab India Headlines

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