NEULAND LABORATORIES
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The Current P/B Ratio of NEULAND LABORATORIES is 14.83.
Share Price | ₹14,864.3 | Nov 19,2024 |
Market Cap | ₹19,026.3 Cr | |
Book Value | ₹1,282.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 14.83x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NEULAND LABORATORIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹19,026.3 Cr] as on Nov 19,2024
(/) Book Value [ ₹1,282.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 14.83x ]
Thus, for NEULAND LABORATORIES , the investors are currently willing to pay '14.83 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 NEULAND LABORATORIES !
The chart below summarizes the trend in P/B Ratio of NEULAND LABORATORIES over the last five years.
Historical PB (Price/Book ) ratio chart of NEULAND LABORATORIES
PB Ratio Performance Analysis for NEULAND LABORATORIES
- NEULAND LABORATORIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.82x.
- NEULAND LABORATORIES 's operated at median p/b ratio of 2.32x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NEULAND LABORATORIES 's p/b ratio peaked in Mar2024 at 6.29x.
- NEULAND LABORATORIES 's p/b ratio hit its five-year low in Mar2020 of 0.51x.
How does NEULAND LABORATORIES 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NEULAND LABORATORIES | 1,282.70 | 14.83 | 19,026.3 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 6.69 | 425,930.0 |
CIPLA LTD | 26,619.90 | 4.46 | 118,828.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 3.60 | 101,290.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 4.80 | 95,280.3 |
DIVIS LABORATORIES LTD | 13,571.00 | 11.53 | 156,524.0 |
MANKIND PHARMA LTD | 9,339.84 | 11.02 | 102,890.0 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 15.28 | 104,742.0 |
LUPIN LTD | 14,175.80 | 6.56 | 92,929.7 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.43 | 72,478.2 |
ABBOTT INDIA LTD | 3,658.73 | 15.79 | 57,784.9 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs NEULAND LABORATORIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.43x |
Max industry PB | 15.79x |
Median industry PB | 6.69x |
Average industry PB | 8.82x |
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