Polycab India Stock Price Analysis and Quick Research Report. Is Polycab India an attractive stock to invest in?
Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.
Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements.
Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Polycab India.
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PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Polycab India has a PE ratio of 50.3441239549869 which is high and comparatively overvalued.
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Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Polycab India has ROA of 15.9195% which is a good sign for future performance. (Higher values are always desirable.)
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Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Polycab India has a Current ratio of 2.7215.
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Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Polycab India has a ROE of 22.5752%. (Higher is better)
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Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Polycab India has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.
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Sales growth: Polycab India has reported revenue growth of 21.4012% which is fair in relation to its growth and performance.
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Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Polycab India for the current financial year is 13.0748894585513%.
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Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Polycab India is Rs 35 and the yield is 0.4826%.
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Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Polycab India is Rs 144.9623. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Polycab India in Ticker for free. Also, one can get the intrinsic value of Polycab India by using Valuation Calculators, which are available with a Finology ONE subscription.
Polycab India FAQs
Q1. What is Polycab India share price today?
Ans: The current share price of Polycab India is Rs 7298.
Q2. What is the market capitalisation of Polycab India?
Ans: Polycab India has a market capitalisation of Rs 109856.7524014 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Polycab India?
Ans: The PE ratio of Polycab India is 50.3441239549869 and the P/B ratio of Polycab India is 10.7389573999775, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Polycab India share?
Ans: The 52-week high share price of Polycab India is Rs 7605, and the 52-week low share price of Polycab India is Rs 4555.
Q5. Does Polycab India pay dividends?
Ans: Currently, Polycab India pays dividends. Dividend yield of Polycab India is around 0.4826%.
Q6. What are the face value and book value of Polycab India shares?
Ans: The face value of Polycab India shares is Rs 10, while the book value per share of Polycab India is around Rs 679.5818. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Polycab India?
Ans: Polycab India has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Polycab India?
Ans: The ROE of Polycab India is 22.5752% and ROCE of Polycab India is 31.2433%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q9. Is Polycab India a good buy for the long term?
Ans: The Polycab India long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q10. Is Polycab India undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Polycab India appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Polycab India’s financials?
Ans: You can review Polycab India’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.