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Birla Cable Ltd PB Ratio

Birla Cable Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume transacted

stocks purchased

9.4 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

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Birla Cable Ltd

NSE: BIRLACABLE

PB

3.1

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Birla Cable Ltd is 3.1 as of 18 Sep 24.
  • The P/B Ratio of Birla Cable Ltd changed from 1.6 on March 2023 to 2.7 on March 2024 . This represents a CAGR of 29.90% over 2 years. .

Historical P/B Ratio of Birla Cable Ltd

No data available

Company Fundamentals for Birla Cable Ltd

Market Cap

786 Cr

EPS

3.5

P/E Ratio (TTM) *

74.2

P/B Ratio (TTM) *

3.1

Day’s High *

270.0

Day’s Low

256.4

DTE *

0.7

ROE *

8.8

52 Week High

352.7

52 Week Low

207.45

ROCE *

10.7

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Birla Cable Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024262
17 Sep 2024264.8
16 Sep 2024265.95
13 Sep 2024269.6
12 Sep 2024269.7
11 Sep 2024259.7
10 Sep 2024263.25
09 Sep 2024258.55
06 Sep 2024263.6
05 Sep 2024271.1

SWOT Analysis Of Birla Cable Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Birla Cable Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Birla Cable Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Birla Cable Ltd3786
Polycab India Ltd5411,00,216
KEI Industries Ltd34840,684
Finolex Cables Ltd27521,471
R R Kabel Ltd16118,863
Diamond Power Infrastructure Ltd-1847,329

Key Valuation Metric of Birla Cable Ltd

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Birla Cable Ltd

No data available

* All values are in crore

Historical Revenue of Birla Cable Ltd

No data available

* All values are in crore

Historical EBITDA of Birla Cable Ltd

No data available

* All values are in crore

Historical Net Profit of Birla Cable Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Birla Cable Ltd News Hub

News

Birla Cable schedules board meeting

Birla Cable will hold a meeting of the Board of Directors of the Company on 9 August 2024....

Read more

31 Jul 202410:18

News

Birla Cable to conduct AGM

Birla Cable announced that the Annual General Meeting (AGM) of the company will be held on...

Read more

10 Jul 202409:28

News

Board of Birla Cable recommends final dividend

Birla Cable announced that the Board of Directors of the Company at its meeting held on 10...

Read more

11 May 202409:22

News

Birla Cable to table results

Birla Cable will hold a meeting of the Board of Directors of the Company on 10 May 2024. P...

Read more

03 May 202409:33

News

Birla Cable to table results

Birla Cable will hold a meeting of the Board of Directors of the Company on 2 February 202...

Read more

20 Jan 202412:24

News

Birla Cable schedules board meeting

Birla Cable will hold a meeting of the Board of Directors of the Company on 1 November 202...

Read more

19 Oct 202312:19

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FAQs for PB Ratio of Birla Cable Ltd

What is the PB ratio of Birla Cable Ltd?

The current PB ratio of Birla Cable Ltd is 3.13. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Birla Cable Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Birla Cable Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Birla Cable Ltd calculated?

The PB ratio of Birla Cable Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Birla Cable Ltd?

A high PB ratio suggests that Birla Cable Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Birla Cable Ltd?

A low PB ratio of Birla Cable Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Birla Cable Ltd PB Ratio change over time?

Yes, the PB ratio of Birla Cable Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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