AAREY DRUGS & PHARMACEUTICALS
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The Current P/B Ratio of AAREY DRUGS & PHARMACEUTICALS is 1.22.
Share Price | ₹55.6 | Nov 19,2024 |
Market Cap | ₹158.5 Cr | |
Book Value | ₹130.3 Cr | Mar2024 - Standalone Results |
Price/Book | 1.22x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AAREY DRUGS & PHARMACEUTICALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹158.5 Cr] as on Nov 19,2024
(/) Book Value [ ₹130.3 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.22x ]
Thus, for AAREY DRUGS & PHARMACEUTICALS , the investors are currently willing to pay '1.22 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of AAREY DRUGS & PHARMACEUTICALS !
The chart below summarizes the trend in P/B Ratio of AAREY DRUGS & PHARMACEUTICALS over the last five years.
Historical PB (Price/Book ) ratio chart of AAREY DRUGS & PHARMACEUTICALS
PB Ratio Performance Analysis for AAREY DRUGS & PHARMACEUTICALS
- AAREY DRUGS & PHARMACEUTICALS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.67x.
- AAREY DRUGS & PHARMACEUTICALS 's operated at median p/b ratio of 0.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AAREY DRUGS & PHARMACEUTICALS 's p/b ratio peaked in Mar2024 at 0.96x.
- AAREY DRUGS & PHARMACEUTICALS 's p/b ratio hit its five-year low in Mar2020 of 0.35x.
How does AAREY DRUGS & PHARMACEUTICALS 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AAREY DRUGS & PHARMACEUTICALS | 130.31 | 1.22 | 158.5 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 6.69 | 425,930.0 |
CIPLA LTD | 26,619.90 | 4.46 | 118,828.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 3.60 | 101,290.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 4.80 | 95,280.3 |
DIVIS LABORATORIES LTD | 13,571.00 | 11.53 | 156,524.0 |
MANKIND PHARMA LTD | 9,339.84 | 11.02 | 102,890.0 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 15.28 | 104,742.0 |
LUPIN LTD | 14,175.80 | 6.56 | 92,929.7 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.43 | 72,478.2 |
ABBOTT INDIA LTD | 3,658.73 | 15.79 | 57,784.9 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs AAREY DRUGS & PHARMACEUTICALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.22x |
Max industry PB | 15.79x |
Median industry PB | 6.56x |
Average industry PB | 7.58x |
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