NECTAR LIFESCIENCES
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The Current P/B Ratio of NECTAR LIFESCIENCES is 0.71.
Share Price | ₹34.0 | Nov 22,2024 |
Market Cap | ₹762.6 Cr | |
Book Value | ₹1,069.3 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.71x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NECTAR LIFESCIENCES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹762.6 Cr] as on Nov 22,2024
(/) Book Value [ ₹1,069.3 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.71x ]
Thus, for NECTAR LIFESCIENCES , the investors are currently willing to pay '0.71 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 NECTAR LIFESCIENCES !
The chart below summarizes the trend in P/B Ratio of NECTAR LIFESCIENCES over the last five years.
Historical PB (Price/Book ) ratio chart of NECTAR LIFESCIENCES
PB Ratio Performance Analysis for NECTAR LIFESCIENCES
- NECTAR LIFESCIENCES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.41x.
- NECTAR LIFESCIENCES 's operated at median p/b ratio of 0.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NECTAR LIFESCIENCES 's p/b ratio peaked in Mar2024 at 0.63x.
- NECTAR LIFESCIENCES 's p/b ratio hit its five-year low in Mar2020 of 0.2x.
How does NECTAR LIFESCIENCES 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NECTAR LIFESCIENCES | 1,069.25 | 0.71 | 762.6 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 6.78 | 431,352.0 |
CIPLA LTD | 26,619.90 | 4.51 | 120,035.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 3.60 | 101,286.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 4.81 | 95,461.4 |
DIVIS LABORATORIES LTD | 13,571.00 | 11.74 | 159,265.0 |
MANKIND PHARMA LTD | 9,339.84 | 10.95 | 102,231.0 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 15.65 | 107,306.0 |
LUPIN LTD | 14,175.80 | 6.66 | 94,430.6 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.38 | 71,069.8 |
ABBOTT INDIA LTD | 3,658.73 | 16.09 | 58,859.9 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs NECTAR LIFESCIENCES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.71x |
Max industry PB | 16.09x |
Median industry PB | 6.66x |
Average industry PB | 7.62x |
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