ADC India Communications (BOM:523411) PB Ratio: 12.84 (As of Aug. 20, 2026) — 328% Above Median

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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.
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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:523411 ADC India Communications Ltd BOM:523411
78 GF Score
Price ₹2,420.00
GF Value ₹1,618.69
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is ADC India Communications PB Ratio?

ADC India Communications BOM:523411 -0.41% 78 PB Ratio is 12.84 as of Aug. 20, 2026, which is 328% above its 10-year median of 3.00. GuruFocus rates BOM:523411 with a GF Score™ of 78/100 and a GF Value™ of ₹1,618.69 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,418 Hardware companies, ADC India Communications ranks worse than 93.18% 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 (2026-08-20), ADC India Communications's share price is ₹2420.00. ADC India Communications's Book Value per Share for the quarter that ended in Jun. 2026 was ₹188.46. Hence, ADC India Communications's PB Ratio of today is 12.84.

Warning Sign:

ADC India Communications Ltd stock PB Ratio (=12.89) is close to 10-year high of 13.55.

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

BOM:523411' s PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 3   Max: 13.55
Current: 12.84

During the past 13 years, ADC India Communications's highest PB Ratio was 13.55. The lowest was 1.30. And the median was 3.00.

BOM:523411's PB Ratio is ranked worse than
93.18% of 2418 companies
in the Hardware industry
Industry Median: 2.295 vs BOM:523411: 12.84

During the past 12 months, ADC India Communications's average Book Value Per Share Growth Rate was 23.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ADC India Communications was 28.90% per year. The lowest was -29.90% per year. And the median was 4.10% per year.

Back to Basics: PB Ratio


ADC India Communications  (BOM:523411) 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.


ADC India Communications PB Ratio Related Terms


ADC India Communications PB Ratio Historical Data

* Premium members only.

The historical data trend for ADC India Communications'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.

ADC India Communications PB Ratio Chart

ADC India Communications 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 2.78 5.15 5.74 9.12 6.39

ADC India Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 10.01 0.00 6.39 0.00

BOM:523411 vs CSCO, MSI, HPE: PB Ratio Comparison

For the Communication Equipment subindustry, ADC India Communications'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.


ADC India Communications PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, ADC India Communications's PB Ratio distribution charts can be found below:

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


BOM:523411
78GF Score
ADC India Communications Ltd BOM:523411
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADC India Communications 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=2420.00/188.455
=12.84

* 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 12.84 mean?
ADC India Communications (BOM:523411) has a PB Ratio of 12.84 as of Aug. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ADC India Communications and its competitors. This is 328% above median its historical median of 3.00. Over the past decade, ADC India Communications' PB Ratio has ranged from 1.30 to 13.55. According to the industry distribution chart, ADC India Communications ranks #2253 out of 2418 companies in the Hardware industry, placing it in the top 93.2%.
Is ADC India Communications' PB Ratio too high?
ADC India Communications' current PB Ratio of 12.84 is 328% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 13.55. The Hardware industry median PB Ratio is 2.30. ADC India Communications' value of 12.84 is 459.5% above this industry median. Based on the distribution chart, ADC India Communications ranks #2253 out of 2418 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ADC India Communications has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ADC India Communications' PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, ADC India Communications ranks #2253 out of 2418 companies for PB Ratio. This places ADC India Communications in the lower half of its industry. The industry median PB Ratio is 2.30. ADC India Communications' value of 12.84 is 459.5% above this benchmark. Historically, ADC India Communications' own PB Ratio has ranged from 1.30 to 13.55 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 2.30, ADC India Communications has consistently been above 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.30, based on 2,418 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. ADC India Communications's current PB Ratio of 12.84 is 459.5% above 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 ADC India Communications and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADC India Communications's current PB Ratio is 12.84, which is 328% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADC India Communications stock overvalued right now?
Based on GuruFocus' analysis, ADC India Communications (BOM:523411) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,618.69, compared to a current price of ₹2,420.00 — trading 49.5% above its estimated fair value. The current PB Ratio is 12.84, which is 328% above median its 10-year median of 3.00 and 459.5% above the Hardware industry median of 2.30. ADC India Communications' overall GF Score™ is 78/100 with 4 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 ADC India Communications (BOM:523411), the current PB Ratio is 12.84 as of Aug. 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 ADC India Communications (BOM:523411) Overvalued in 2026?

Based on GuruFocus' analysis, ADC India Communications stock appears to be overvalued. The current stock price of ₹2,420.00 is trading 49.5% above its estimated GF Value™ of ₹1,618.69. GuruFocus considers ADC India Communications to be Significantly Overvalued.

Key valuation signals for BOM:523411:

  • PB Ratio: 12.84 (328% above median its 10-year median of 3.00)
  • GF Value™: ₹1,618.69 vs. price of ₹2,420.00 (49.5% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 459.5% above the Hardware median (#2253 of 2418)

No single metric tells the full story. See the BOM:523411 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADC India Communications Business Description

Address No. 10C, 2nd Phase, 1st Main, Peenya Industrial Area, Bangalore, KA, IND, 560058
ADC India Communications Ltd is engaged in providing connectivity solutions to suit individual enterprise and telecom service provider requirements. It provides copper and fiber physical connectivity in telecommunications and data networking solutions including structured cabling. The company's segments include Telecommunication and IT-Networking. It generates maximum revenue from the IT-Networking segment which engages in manufacturing and trading of IT networking products. Geographically, the company generates a majority of its revenue within India and the rest from other countries.
78GF Score

Get the complete analysis for BOM:523411

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

₹2,420.00
Price
₹1,618.69
GF Value