BAL PHARMA
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The Current P/B Ratio of BAL PHARMA is 2.87.
Share Price | ₹125.0 | Oct 31,2024 |
Market Cap | ₹198.7 Cr | |
Book Value | ₹69.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.87x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BAL PHARMA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹198.7 Cr] as on Oct 31,2024
(/) Book Value [ ₹69.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.87x ]
Thus, for BAL PHARMA , the investors are currently willing to pay '2.87 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 BAL PHARMA !
The chart below summarizes the trend in P/B Ratio of BAL PHARMA over the last five years.
Historical PB (Price/Book ) ratio chart of BAL PHARMA
PB Ratio Performance Analysis for BAL PHARMA
- BAL PHARMA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.78x.
- BAL PHARMA 's operated at median p/b ratio of 1.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAL PHARMA 's p/b ratio peaked in Mar2022 at 2.77x.
- BAL PHARMA 's p/b ratio hit its five-year low in Mar2020 of 0.88x.
How does BAL PHARMA 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BAL PHARMA | 69.29 | 2.87 | 198.7 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 6.97 | 443,649.0 |
CIPLA LTD | 26,619.90 | 4.71 | 125,436.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 3.78 | 106,321.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 5.08 | 100,810.0 |
DIVIS LABORATORIES LTD | 13,571.00 | 11.53 | 156,465.0 |
MANKIND PHARMA LTD | 9,339.84 | 11.44 | 106,836.0 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 15.81 | 108,375.0 |
LUPIN LTD | 14,175.80 | 7.04 | 99,735.6 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.72 | 81,079.9 |
ABBOTT INDIA LTD | 3,658.73 | 16.83 | 61,571.6 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs BAL PHARMA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.72x |
Max industry PB | 16.83x |
Median industry PB | 6.97x |
Average industry PB | 8.07x |
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