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PB Ratio of Birla Cable Ltd

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Birla Cable Ltd

NSE: BIRLACABLE

PB Ratio

2.5

Last updated on: Dec 24, 2024

Key Highlights

  • The latest PB Ratio of Birla Cable Ltd is 2.5.
  • The PB ratio of the Birla Cable Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • 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

648 Cr

EPS

2.5

P/E Ratio (TTM)

86.1

P/B Ratio (TTM)

2.5

Day’s High

219.9

Day’s Low

215.75

DTE

0.6

ROE

2.9

52 Week High

340.0

52 Week Low

198.3

ROCE

6.0

Market Price of Birla Cable Ltd

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 Market Price

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SWOT Analysis Of Birla Cable Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Birla Cable Ltd

Asset Value vs Market Value of Birla Cable Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

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Historical Market Cap of Birla Cable Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Birla Cable Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 2.47. 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.

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