MEDICAMEN BIOTECH
|
The Current P/B Ratio of MEDICAMEN BIOTECH is 3.14.
Share Price | ₹512.2 | Feb 07,2025 |
Market Cap | ₹650.5 Cr | |
Book Value | ₹207.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.14x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MEDICAMEN BIOTECH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹650.5 Cr] as on Feb 07,2025
(/) Book Value [ ₹207.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.14x ]
Thus, for MEDICAMEN BIOTECH , the investors are currently willing to pay '3.14 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 MEDICAMEN BIOTECH !
The chart below summarizes the trend in P/B Ratio of MEDICAMEN BIOTECH over the last five years.
Historical PB (Price/Book ) ratio chart of MEDICAMEN BIOTECH
PB Ratio Performance Analysis for MEDICAMEN BIOTECH
- MEDICAMEN BIOTECH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.93x.
- MEDICAMEN BIOTECH 's operated at median p/b ratio of 4.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MEDICAMEN BIOTECH 's p/b ratio peaked in Mar2022 at 5.67x.
- MEDICAMEN BIOTECH 's p/b ratio hit its five-year low in Mar2020 of 1.85x.
How does MEDICAMEN BIOTECH 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MEDICAMEN BIOTECH | 206.99 | 3.14 | 650.5 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 6.59 | 419,764.0 |
CIPLA LTD | 26,619.90 | 4.47 | 118,905.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 3.68 | 103,523.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 5.04 | 100,015.0 |
DIVIS LABORATORIES LTD | 13,571.00 | 12.01 | 163,010.0 |
MANKIND PHARMA LTD | 9,339.84 | 11.12 | 103,904.0 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 16.09 | 110,313.0 |
LUPIN LTD | 14,175.80 | 7.08 | 100,405.0 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.32 | 69,214.1 |
ABBOTT INDIA LTD | 3,658.73 | 17.31 | 63,315.3 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs MEDICAMEN BIOTECH 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.32x |
Max industry PB | 17.31x |
Median industry PB | 6.59x |
Average industry PB | 8.08x |
You may also like the below Video Courses