Finolex Cables Limited manufactures and sells electrical and communication cables, and other electrical appliances in India. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers electrical cables, such as 1100V and motor winding PVC insulated, automotive/battery, UPS, elevator, and solar cables, as well as heavy duty, underground, low and high voltage, power, and control cables; and communication cables, including optic fiber, coaxial, local area network, CCTV, speaker, jelly filled telephone, PE insulated telephone, and V-SAT cables. The company also provides copper rods; electrical switches, sockets, regulators, etc.; and retrofit and non-retrofit CFL lamps, T5 tube lights, and fittings, as well as LED based lighting solutions. In addition, it offers ceiling, table, wall, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, molded case circuit breakers, and distribution boards; conduit pipes and fittings; and water heaters. Further, the company offers its products through online retail stores. It also exports its products to the United States and the United Arab Emirates. Finolex Cables Limited was founded in 1958 and is based in Pune, India.
P/B ratio for Finolex Cables Limited (FINCABLES.NS)
P/B ratio as of 2023: 3.02
According to Finolex Cables Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.02. At the end of 2022 the company had a P/B ratio of 2.84.
P/B ratio history for Finolex Cables Limited from 2004 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.02 |
| 2022 | 2.84 |
| 2021 | 1.47 |
| 2020 | 1.71 |
| 2019 | 1.04 |
| 2018 | 2.67 |
| 2017 | 4.32 |
| 2016 | 3.69 |
| 2015 | 2.63 |
| 2014 | 3.44 |
| 2013 | 1.53 |
| 2012 | 0.83 |
| 2011 | 0.59 |
| 2010 | 1.01 |
| 2009 | 1.23 |
| 2008 | 0.50 |
| 2007 | 1.70 |
| 2006 | 2.31 |
| 2005 | 1.97 |
| 2004 | 1.08 |