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Marco Cables and ConductorsNSE:MARCO +0.85%75 PB Ratio is 1.53 as of Sep. 20, 2026, which is 43% below its 10-year median of 2.70. GuruFocus rates NSE:MARCO with a GF Score™ of 75/100 and a GF Value™ of ₹84.48 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,999 Industrial Products companies, Marco Cables and Conductors ranks better than 65.42% on this metric.
Marco Cables and Conductors Ltd stock PB Ratio (=1.62) is close to 3-year low of 1.54.
The historical rank and industry rank for Marco Cables and Conductors's PB Ratio or its related term are showing as below:
NSE:MARCO'
s PB Ratio Range Over the Past 10 Years
Min: 1.51 Med: 2.7 Max: 6.47
Current: 1.52
During the past 6 years, Marco Cables and Conductors's highest PB Ratio was 6.47. The lowest was 1.51. And the median was 2.70.
NSE:MARCO's PB Ratio is ranked better than 65.42% of 2999
companies
in the Industrial Products industry
Industry Median: 2.19
vs NSE:MARCO: 1.52
During the past 12 months, Marco Cables and Conductors's average Book Value Per Share Growth Rate was 13.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 37.00% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Marco Cables and Conductors was 50.50% per year. The lowest was 26.50% per year. And the median was 43.60% 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.
Marco Cables and Conductors PB Ratio Related Terms
Marco Cables and Conductors PB Ratio Historical Data
* 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, Marco Cables and Conductors'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.
Marco Cables and Conductors PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Marco Cables and Conductors's PB Ratio distribution charts can be found below:
* The bar in red indicates where Marco Cables and Conductors'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.
* 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.
Marco Cables and Conductors (NSE:MARCO) has a PB Ratio of 1.53 as of Sep. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Marco Cables and Conductors and its competitors. This is 43% below median its historical median of 2.70. Over the past decade, Marco Cables and Conductors' PB Ratio has ranged from 1.51 to 6.47. According to the industry distribution chart, Marco Cables and Conductors ranks #1037 out of 2999 companies in the Industrial Products industry, placing it in the top 34.6%.
Is Marco Cables and Conductors' PB Ratio too high?
Marco Cables and Conductors' current PB Ratio of 1.53 is 43% below median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 6.47. The Industrial Products industry median PB Ratio is 2.19. Marco Cables and Conductors' value of 1.53 is 30.1% below this industry median. Based on the distribution chart, Marco Cables and Conductors ranks #1037 out of 2999 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Marco Cables and Conductors has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marco Cables and Conductors' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Marco Cables and Conductors ranks #1037 out of 2999 companies for PB Ratio. This puts Marco Cables and Conductors in the upper half of its industry. The industry median PB Ratio is 2.19. Marco Cables and Conductors' value of 1.53 is 30.1% below this benchmark. Historically, Marco Cables and Conductors' own PB Ratio has ranged from 1.51 to 6.47 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 2.19, Marco Cables and Conductors 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 2,999 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. Marco Cables and Conductors's current PB Ratio of 1.53 is 30.1% 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 Marco Cables and Conductors 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. Marco Cables and Conductors's current PB Ratio is 1.53, which is 43% below median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marco Cables and Conductors stock overvalued right now?
Based on GuruFocus' analysis, Marco Cables and Conductors (NSE:MARCO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹84.48, compared to a current price of ₹29.70 — trading 64.8% below its estimated fair value. The current PB Ratio is 1.53, which is 43% below median its 10-year median of 2.70 and 30.1% below the Industrial Products industry median of 2.19. Marco Cables and Conductors' overall GF Score™ is 75/100 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 Marco Cables and Conductors (NSE:MARCO), the current PB Ratio is 1.53 as of Sep. 20, 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 Marco Cables and Conductors (NSE:MARCO) Overvalued in 2026?
Based on GuruFocus' analysis, Marco Cables and Conductors stock appears to be undervalued.
The current stock price of ₹29.70 is trading 64.8% below its estimated GF Value™ of ₹84.48.
GuruFocus considers Marco Cables and Conductors to be Possible Value Trap.
Key valuation signals for NSE:MARCO:
PB Ratio: 1.53 (43% below median its 10-year median of 2.70)
GF Value™: ₹84.48 vs. price of ₹29.70 (64.8% below fair value)
Industry Position: 30.1% below the Industrial Products median (#1037 of 2999)
No single metric tells the full story. See the NSE:MARCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. The company commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. Geographically the company operates in India only. The company generates all of its revenue from the sale of finished products.
75GF Score
Get the complete analysis for NSE:MARCO
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