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BAJAJ HEALTHCARE
PB (Price/Book ) Ratio

The Current P/B Ratio of BAJAJ HEALTHCARE is 6.06.

Share Price ₹534.0Dec 20,2024
Market Cap ₹1,687.3 Cr
Book Value₹278.4 CrMar2024 - Standalone Results
Price/Book 6.06xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BAJAJ HEALTHCARE

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of BAJAJ HEALTHCARE is calculated as :

Current Market Cap [ ₹1,687.3 Cr] as on Dec 20,2024

(/) Book Value [ ₹278.4 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 6.06x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for BAJAJ HEALTHCARE , the investors are currently willing to pay '6.06 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 BAJAJ HEALTHCARE !

The chart below summarizes the trend in P/B Ratio of BAJAJ HEALTHCARE over the last five years.

Historical PB (Price/Book ) ratio chart of BAJAJ HEALTHCARE


PB Ratio Performance Analysis for BAJAJ HEALTHCARE

- BAJAJ HEALTHCARE 's latest p/b ratio is 6.06x.

- BAJAJ HEALTHCARE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.43x.

- BAJAJ HEALTHCARE 's operated at median p/b ratio of 2.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BAJAJ HEALTHCARE 's p/b ratio peaked in Mar2024 at 2.9x.

- BAJAJ HEALTHCARE 's p/b ratio hit its five-year low in Mar2020 of 1.59x.


How does BAJAJ HEALTHCARE 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
BAJAJ HEALTHCARE 278.366.061,687.3
SUN PHARMACEUTICAL INDUSTRIES LTD63,666.806.82433,920.0
CIPLA LTD26,619.904.47118,917.0
DR REDDYS LABORATORIES LTD28,123.503.98112,017.0
ZYDUS LIFESCIENCES LTD19,829.504.9497,997.1
DIVIS LABORATORIES LTD13,571.0011.43155,160.0
MANKIND PHARMA LTD9,339.8412.38115,661.0
TORRENT PHARMACEUTICALS LTD6,856.1516.95116,231.0
LUPIN LTD14,175.806.9197,978.6
AUROBINDO PHARMA LTD29,842.802.4172,060.1
ABBOTT INDIA LTD3,658.7316.6360,853.1

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs BAJAJ HEALTHCARE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.41x
Max industry PB 16.95x
Median industry PB 6.82x
Average industry PB 8.45x



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