INDOCO REMEDIES
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The Current P/B Ratio of INDOCO REMEDIES is 2.77.
Share Price | ₹332.5 | Dec 26,2024 |
Market Cap | ₹3,065.7 Cr | |
Book Value | ₹1,106.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.77x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INDOCO REMEDIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
INDOCO REMEDIES | 1,106.36 | 2.77 | 3,065.7 |
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 INDOCO REMEDIES '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 | 8.22x |
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