GLAND PHARMA
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The Current P/B Ratio of GLAND PHARMA is 3.45.
Share Price | ₹1,825.5 | Dec 26,2024 |
Market Cap | ₹30,084.2 Cr | |
Book Value | ₹8,722.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.45x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GLAND PHARMA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹30,084.2 Cr] as on Dec 26,2024
(/) Book Value [ ₹8,722.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.45x ]
Thus, for GLAND PHARMA , the investors are currently willing to pay '3.45 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 GLAND PHARMA !
The chart below summarizes the trend in P/B Ratio of GLAND PHARMA over the last five years.
Historical PB (Price/Book ) ratio chart of GLAND PHARMA
PB Ratio Performance Analysis for GLAND PHARMA
- GLAND PHARMA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.11x.
- GLAND PHARMA 's operated at median p/b ratio of 3.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GLAND PHARMA 's p/b ratio peaked in Mar2022 at 7.52x.
- GLAND PHARMA 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does GLAND 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 |
---|---|---|---|
GLAND PHARMA | 8,722.46 | 3.45 | 30,084.2 |
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 GLAND PHARMA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.44x |
Max industry PB | 16.87x |
Median industry PB | 6.94x |
Average industry PB | 8.28x |
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