Polycab P/B Ratio
Polycab (POLYCAB) P/B ratio is 11.15 (High), book value per share ₹803.11 vs Industrial Products average P/B of -1.7 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see POLYCAB stock price BSE.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
POLYCAB P/B Ratio — Valuation Insights & Book Value Analysis
Polycab price-to-book ratio interpretation, valuation status and historical context — current P/B 11.15 (High). View POLYCAB 52-week performance for the annual high/low range and current price position.
- Stock appears overvalued with PB of 11.15, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Trading at premium to sector average PB of -1.7
Polycab P/B Ratio Historical Trend
POLYCAB annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Review POLYCAB PE ratio trends to evaluate earnings-based valuation against sector peers.
POLYCAB Historical P/B Ratio — Book Value Per Share & Year-End Price
Polycab annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 11.09 | ₹803.11 | ₹8907.50 | ₹12,127 | High |
| 2025 | 11.54 | ₹660.47 | ₹7619.00 | ₹9,907 | High |
| 2024 | 13.23 | ₹549.53 | ₹7272.35 | ₹8,243 | High |
| 2023 | 12.34 | ₹444.6 | ₹5484.85 | ₹6,669 | High |
| 2022 | 6.87 | ₹373.76 | ₹2569.10 | ₹5,569 | High |
POLYCAB vs Industrial Products Peers — P/B Ratio Comparison
Polycab P/B 11.15 vs Industrial Products average -1.7, median -0.38 — range -11.58–0.36.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.58 | ₹24 | Low |
| Mahalaxmi Seamless | MAHALXSE | -8.79 | ₹5 | Low |
| Electrotherm | ELECTHERM | -8.7 | ₹1,362 | Low |
| TPINDIA | TPINDIA | -6.73 | ₹77 | Low |
| Aditya Ispat | ADITYA | -6.41 | ₹5 | Low |
| Mahip Industries | MAHIP | -4.67 | ₹38 | Low |
| Nova Iron & Steel | NOVIS | -4.49 | ₹45 | Low |
| Heera Ispat | HEERAISP | -4.31 | ₹4 | Low |
| Rollatainers | ROLLT | -3.25 | ₹54 | Low |
| Mukat Pipes | MUKATPIP | -2.97 | ₹20 | Low |