NURECA
|
The Current P/B Ratio of NURECA is 1.46.
Share Price | ₹281.1 | Dec 20,2024 |
Market Cap | ₹281.1 Cr | |
Book Value | ₹193.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.46x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NURECA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹281.1 Cr] as on Dec 20,2024
(/) Book Value [ ₹193.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.46x ]
Thus, for NURECA , the investors are currently willing to pay '1.46 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 NURECA !
The chart below summarizes the trend in P/B Ratio of NURECA over the last five years.
Historical PB (Price/Book ) ratio chart of NURECA
PB Ratio Performance Analysis for NURECA
- NURECA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.65x.
- NURECA 's operated at median p/b ratio of 1.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NURECA 's p/b ratio peaked in Mar2022 at 6.7x.
- NURECA 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does NURECA 's P/B Ratio benchmark against top 10 peers in Medical Equipment/Supplies/Accessories Industry?
Peer Comparison (Medical Equipment/Supplies/Accessories Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NURECA | 193.11 | 1.46 | 281.1 |
POLY MEDICURE LTD | 1,466.65 | 17.95 | 26,321.9 |
PREVEST DENPRO LTD | 88.60 | 7.75 | 686.9 |
Medical Equipment/Supplies/Accessories Industry Benchmark (Top 10) PB Analysis vs NURECA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.46x |
Max industry PB | 17.95x |
Median industry PB | 7.75x |
Average industry PB | 9.05x |
You may also like the below Video Courses