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Finolex Cables Ltd
NSE:FINCABLES

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Finolex Cables Ltd
NSE:FINCABLES
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Price: 1 004.3 INR 3.25% Market Closed
Market Cap: ₹153.6B

P/B

2.7
Current
10%
Cheaper
vs 3-y average of 3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
₹126.5B
/
Total Equity
₹57B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
₹126.5B
/
Total Equity
₹57B

Valuation Scenarios

Finolex Cables Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (3), the stock would be worth ₹1 120.52 (12% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-13%
Maximum Upside
+105%
Average Upside
31%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.7 ₹1 004.3
0%
3-Year Average 3 ₹1 120.52
+12%
5-Year Average 2.3 ₹873.92
-13%
Industry Average 5.5 ₹2 060.3
+105%
Country Average 3.3 ₹1 211.86
+21%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
IN
Finolex Cables Ltd
NSE:FINCABLES
148.8B INR 2.7 22.6
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 6 25.7
FR
Schneider Electric SE
PAR:SU
155.2B EUR 6.4 37.3
CH
Abb Ltd
SIX:ABBN
141.4B CHF 12.2 36.3
IE
Eaton Corporation PLC
NYSE:ETN
164.4B USD 8.5 40.2
US
Vertiv Holdings Co
NYSE:VRT
124.2B USD 29.3 79.7
US
Emerson Electric Co
NYSE:EMR
79.4B USD 3.9 34.4
KR
LG Energy Solution Ltd
KRX:373220
112.6T KRW 5.6 -104.9
JP
Fujikura Ltd
TSE:5803
10.5T JPY 20.7 73
US
AMETEK Inc
NYSE:AME
53.4B USD 5 36
FR
Legrand SA
PAR:LR
39.9B EUR 5.5 32

Market Distribution

In line with most companies in India
Percentile
42st
Based on 2 820 companies
42st percentile
2.7
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

Finolex Cables Ltd
Glance View

Finolex Cables Ltd., a pivotal figure in India's electrical landscape, weaves its narrative across the fabric of the country's infrastructure with a rich tapestry of innovation and growth. Established in 1958 and headquartered in Pune, India, the company has firmly rooted itself in the manufacturing and marketing realms of electrical and telecommunication cables. Dominating market presence with a product range that extends from electrical cables and communication cables to engineering goods and home appliances, Finolex plays a crucial role in feeding the backbone of various industries. Its proficiency in producing high-quality copper and aluminum cables has cemented its reputation as a trusted supplier, offering solutions integral to power distribution, industrial applications, and home wiring. How Finolex Cables Ltd. prospers is a testament to smart strategy and market responsiveness. The revenue engine is powered by its widespread product distribution network, reaching urban centers, rural enclaves, and industrial heartlands alike. Central to its business model is a meticulous focus on research and development, which drives both efficiency and innovation, allowing it to meet the ever-evolving demands of a dynamic market. Diversification into other verticals, such as ceiling fans and LED lighting systems, has enabled Finolex to tap into the burgeoning consumer electronics space, thus broadening its revenue base and future-proofing its earnings streams. Balancing traditional manufacturing prowess with strategic diversification, Finolex Cables continues to illuminate its path to sustained success and growth.

FINCABLES Intrinsic Value
868.31 INR
Overvaluation 14%
Intrinsic Value
Price ₹1 004.3
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