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Finolex Cables Ltd PB Ratio

Finolex Cables Ltd PB Ratio

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₹ 0.3 Cr

Volume transacted

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2.1 K

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Last Updated time: 18 Sep 9.00 AM

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Finolex Cables Ltd

NSE: FINCABLES

PB

4.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Finolex Cables Ltd is 4.3 as of 18 Sep 24.
  • The P/B Ratio of Finolex Cables Ltd changed from 1.5 on March 2022 to 3.1 on March 2024 . This represents a CAGR of 27.38% over 3 years. .

Historical P/B Ratio of Finolex Cables Ltd

No data available

Company Fundamentals for Finolex Cables Ltd

Market Cap

21,471 Cr

EPS

48.1

P/E Ratio (TTM) *

29.2

P/B Ratio (TTM) *

4.3

Day’s High *

1441.4

Day’s Low

1398.7

DTE *

0.0

ROE *

13.2

52 Week High

1700.0

52 Week Low

833.0

ROCE *

17.4

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Finolex Cables 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 20241403.9
17 Sep 20241416.8
16 Sep 20241405.1
13 Sep 20241423.25
12 Sep 20241411.6
11 Sep 20241380.25
10 Sep 20241372.35
09 Sep 20241387.4
06 Sep 20241414.3
05 Sep 20241423.15

SWOT Analysis Of Finolex Cables Ltd

Strength

5

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Finolex Cables Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Finolex Cables Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Finolex Cables Ltd421,471
Polycab India Ltd5411,00,216
KEI Industries Ltd34840,684
R R Kabel Ltd16118,863
Diamond Power Infrastructure Ltd-1847,329
Sterlite Technologies Ltd556,269

Key Valuation Metric of Finolex Cables 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 Finolex Cables Ltd

No data available

* All values are in crore

Historical Revenue of Finolex Cables Ltd

No data available

* All values are in crore

Historical EBITDA of Finolex Cables Ltd

No data available

* All values are in crore

Historical Net Profit of Finolex Cables Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Finolex Cables Ltd News Hub

News

Finolex Cables to hold AGM

Finolex Cables announced that the Annual General Meeting (AGM) of the company will be held...

Read more

14 Sep 202417:33

News

Finolex Cables board approves change in chairman

Finolex Cables announced at the board meeting of the company held on 04 September 2024, Ni...

Read more

05 Sep 202417:26

News

Finolex Cables schedules board meeting

Finolex Cables will hold a meeting of the Board of Directors of the Company on 10 August 2...

Read more

02 Aug 202418:57

News

Finolex Cables announces liquidation of JV - Corning Finolex Optical Fibre

Finolex Cables announced that its joint venture, Corning Finolex Optical Fibre stands liqu...

Read more

25 Jun 202410:30

News

Finolex Cables announces cessation of director

Finolex Cables announced the cessation of Shane Pedder (DIN- 03595409) as an Additional Di...

Read more

18 Jun 202418:57

News

Finolex Cables Ltd leads gainers in 'A' group

Bharat Dynamics Ltd, Inox Wind Ltd, Amara Raja Energy & Mobility Ltd and Timken India Ltd ...

Read more

24 May 202412:00

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FAQs for PB Ratio of Finolex Cables Ltd

What is the PB ratio of Finolex Cables Ltd?

The current PB ratio of Finolex Cables Ltd is 4.34. 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 Finolex Cables Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Finolex Cables 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 Finolex Cables Ltd calculated?

The PB ratio of Finolex Cables 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 Finolex Cables Ltd?

A high PB ratio suggests that Finolex Cables 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 Finolex Cables Ltd?

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

Can Finolex Cables Ltd PB Ratio change over time?

Yes, the PB ratio of Finolex Cables 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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