CORAL LABORATORIES
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The Current P/B Ratio of CORAL LABORATORIES is 1.58.
Share Price | ₹777.7 | Dec 26,2024 |
Market Cap | ₹280.0 Cr | |
Book Value | ₹177.5 Cr | Mar2024 - Standalone Results |
Price/Book | 1.58x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CORAL LABORATORIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹280.0 Cr] as on Dec 26,2024
(/) Book Value [ ₹177.5 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.58x ]
Thus, for CORAL LABORATORIES , the investors are currently willing to pay '1.58 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 CORAL LABORATORIES !
The chart below summarizes the trend in P/B Ratio of CORAL LABORATORIES over the last five years.
Historical PB (Price/Book ) ratio chart of CORAL LABORATORIES
PB Ratio Performance Analysis for CORAL LABORATORIES
- CORAL LABORATORIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.60x.
- CORAL LABORATORIES 's operated at median p/b ratio of 0.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CORAL LABORATORIES 's p/b ratio peaked in Mar2021 at 0.84x.
- CORAL LABORATORIES 's p/b ratio hit its five-year low in Mar2020 of 0.3x.
How does CORAL LABORATORIES 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CORAL LABORATORIES | 177.50 | 1.58 | 280.0 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 6.94 | 441,838.0 |
CIPLA LTD | 26,619.90 | 4.52 | 120,270.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 4.02 | 113,077.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 4.87 | 96,553.2 |
DIVIS LABORATORIES LTD | 13,571.00 | 11.50 | 156,107.0 |
MANKIND PHARMA LTD | 9,339.84 | 12.87 | 120,212.0 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 16.87 | 115,643.0 |
LUPIN LTD | 14,175.80 | 7.02 | 99,532.1 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.44 | 72,945.8 |
ABBOTT INDIA LTD | 3,658.73 | 16.63 | 60,844.2 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs CORAL LABORATORIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.58x |
Max industry PB | 16.87x |
Median industry PB | 6.94x |
Average industry PB | 8.11x |
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