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.
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.
Jigar CablesBOM:540651 -9.66%83 PB Ratio is 1.93 as of Jul. 27, 2026, which is 3% above its 10-year median of 1.87. GuruFocus rates BOM:540651 with a GF Score™ of 83/100 and a GF Value™ of ₹64.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,985 Industrial Products companies, Jigar Cables ranks worse than 50.39% 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 (2026-07-27), Jigar Cables's share price is ₹65.00. Jigar Cables's Book Value per Share for the quarter that ended in Mar. 2026 was ₹33.62. Hence, Jigar Cables's PB Ratio of today is 1.93.
The historical rank and industry rank for Jigar Cables's PB Ratio or its related term are showing as below:
BOM:540651'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.87 Max: 6.5
Current: 1.93
During the past 13 years, Jigar Cables's highest PB Ratio was 6.50. The lowest was 0.77. And the median was 1.87.
BOM:540651's PB Ratio is ranked worse than 50.39% of 2985
companies
in the Industrial Products industry
Industry Median: 2.12
vs BOM:540651: 1.93
During the past 12 months, Jigar Cables's average Book Value Per Share Growth Rate was 12.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 21.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jigar Cables was 117.80% per year. The lowest was -12.90% per year. And the median was 12.80% 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.
Jigar Cables PB Ratio Related Terms
Jigar Cables PB Ratio Historical Data
* Premium members only.
The historical data trend for Jigar 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, Jigar 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.
Jigar Cables PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jigar Cables's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jigar 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.
Jigar 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.
Jigar Cables (BOM:540651) has a PB Ratio of 1.93 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jigar Cables and its competitors. This is near median its historical median of 1.87. Over the past decade, Jigar Cables' PB Ratio has ranged from 0.77 to 6.50. According to the industry distribution chart, Jigar Cables ranks #1504 out of 2985 companies in the Industrial Products industry, placing it in the top 50.4%.
Is Jigar Cables' PB Ratio too high?
Jigar Cables' current PB Ratio of 1.93 is near median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 6.50. The Industrial Products industry median PB Ratio is 2.12. Jigar Cables' value of 1.93 is 9% below this industry median. Based on the distribution chart, Jigar Cables ranks #1504 out of 2985 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Jigar Cables has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jigar Cables' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jigar Cables ranks #1504 out of 2985 companies for PB Ratio. This places Jigar Cables in the lower half of its industry. The industry median PB Ratio is 2.12. Jigar Cables' value of 1.93 is 9% below this benchmark. Historically, Jigar Cables' own PB Ratio has ranged from 0.77 to 6.50 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.12, Jigar 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 2.12, based on 2,985 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. Jigar Cables's current PB Ratio of 1.93 is 9% 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 Jigar Cables and its competitors. For the Industrial Products industry, the median PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jigar Cables's current PB Ratio is 1.93, which is near median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jigar Cables stock overvalued right now?
Based on GuruFocus' analysis, Jigar Cables (BOM:540651) is currently considered Fairly Valued. The stock's GF Value™ is ₹64.34, compared to a current price of ₹65.00 — trading 1% above its estimated fair value. The current PB Ratio is 1.93, which is near median its 10-year median of 1.87 and 9% below the Industrial Products industry median of 2.12. Jigar Cables' overall GF Score™ is 83/100 with 8 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 Jigar Cables (BOM:540651), the current PB Ratio is 1.93 as of Jul. 27, 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 Jigar Cables (BOM:540651) Overvalued in 2026?
Based on GuruFocus' analysis, Jigar Cables stock appears to be overvalued.
The current stock price of ₹65.00 is trading 1% above its estimated GF Value™ of ₹64.34.
GuruFocus considers Jigar Cables to be Fairly Valued.
Key valuation signals for BOM:540651:
PB Ratio: 1.93 (near median its 10-year median of 1.87)
GF Value™: ₹64.34 vs. price of ₹65.00 (1% above fair value)
Industry Position: 9% below the Industrial Products median (#1504 of 2985)
No single metric tells the full story. See the BOM:540651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jigar Cables Ltd is a manufacturer of electric wires and cables in India, known for its "SIGMA" brand. The company operates with a manufacturing facility in Gondal, Gujarat. It produces various products including submersible flat cables, flexible cables, LT PVC cables, aerial bunched cables, and house wires, catering to industrial, commercial, and residential applications. The company has a wholly-owned subsidiary, Jigar Polymers Ltd, for backward integration by manufacturing PVC and XLPE raw materials. Revenue is mostly from manufacturing and sales of cables and wires under its SIGMA brand.
83GF Score
Get the complete analysis for BOM:540651
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:540651 has been successfully added to your 
