INDRAYANI BIOTECH
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The Current P/B Ratio of INDRAYANI BIOTECH is 2.67.
| Share Price | ₹37.1 | Nov 21,2024 |
| Market Cap | ₹168.6 Cr | |
| Book Value | ₹63.1 Cr | Mar2024 - Consolidated Results |
| Price/Book | 2.67x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of INDRAYANI BIOTECH
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
Current Market Cap [ ₹168.6 Cr] as on Nov 21,2024
(/) Book Value [ ₹63.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.67x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for INDRAYANI BIOTECH , the investors are currently willing to pay '2.67 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 INDRAYANI BIOTECH !
The chart below summarizes the trend in P/B Ratio of INDRAYANI BIOTECH over the last five years.
Thus, for INDRAYANI BIOTECH , the investors are currently willing to pay '2.67 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 INDRAYANI BIOTECH !
The chart below summarizes the trend in P/B Ratio of INDRAYANI BIOTECH over the last five years.
Historical PB (Price/Book ) ratio chart of INDRAYANI BIOTECH
PB Ratio Performance Analysis for INDRAYANI BIOTECH
- INDRAYANI BIOTECH 's latest p/b ratio is 2.67x.
- INDRAYANI BIOTECH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.07x.
- INDRAYANI BIOTECH 's operated at median p/b ratio of 4.32x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDRAYANI BIOTECH 's p/b ratio peaked in Mar2020 at 12x.
- INDRAYANI BIOTECH 's p/b ratio hit its five-year low in Mar2021 of 1.1x.
- INDRAYANI BIOTECH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.07x.
- INDRAYANI BIOTECH 's operated at median p/b ratio of 4.32x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDRAYANI BIOTECH 's p/b ratio peaked in Mar2020 at 12x.
- INDRAYANI BIOTECH 's p/b ratio hit its five-year low in Mar2021 of 1.1x.
How does INDRAYANI BIOTECH 's P/B Ratio benchmark against top 10 peers in Floriculture Industry?
No other companies found in this Industry
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