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INDOCO REMEDIES
PB (Price/Book ) Ratio

The Current P/B Ratio of INDOCO REMEDIES is 2.77.

Share Price ₹332.5Dec 26,2024
Market Cap ₹3,065.7 Cr
Book Value₹1,106.4 CrMar2024 - Consolidated Results
Price/Book 2.77xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INDOCO REMEDIES

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 INDOCO REMEDIES is calculated as :

Current Market Cap [ ₹3,065.7 Cr] as on Dec 26,2024

(/) Book Value [ ₹1,106.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.77x ]

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

Thus, for INDOCO REMEDIES , the investors are currently willing to pay '2.77 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 INDOCO REMEDIES !

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

Historical PB (Price/Book ) ratio chart of INDOCO REMEDIES


PB Ratio Performance Analysis for INDOCO REMEDIES

- INDOCO REMEDIES 's latest p/b ratio is 2.77x.

- INDOCO REMEDIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.16x.

- INDOCO REMEDIES 's operated at median p/b ratio of 2.92x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDOCO REMEDIES 's p/b ratio peaked in Mar2022 at 3.84x.

- INDOCO REMEDIES 's p/b ratio hit its five-year low in Mar2024 of 2.74x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
INDOCO REMEDIES 1,106.362.773,065.7
SUN PHARMACEUTICAL INDUSTRIES LTD63,666.806.94441,838.0
CIPLA LTD26,619.904.52120,270.0
DR REDDYS LABORATORIES LTD28,123.504.02113,077.0
ZYDUS LIFESCIENCES LTD19,829.504.8796,553.2
DIVIS LABORATORIES LTD13,571.0011.50156,107.0
MANKIND PHARMA LTD9,339.8412.87120,212.0
TORRENT PHARMACEUTICALS LTD6,856.1516.87115,643.0
LUPIN LTD14,175.807.0299,532.1
AUROBINDO PHARMA LTD29,842.802.4472,945.8
ABBOTT INDIA LTD3,658.7316.6360,844.2

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.44x
Max industry PB 16.87x
Median industry PB 6.94x
Average industry PB 8.22x



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