REMEDIUM LIFECARE
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The Current P/B Ratio of REMEDIUM LIFECARE is 5.13.
Share Price | ₹5.5 | Dec 11,2024 |
Market Cap | ₹220.6 Cr | |
Book Value | ₹43.0 Cr | Mar2024 - Standalone Results |
Price/Book | 5.13x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of REMEDIUM LIFECARE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹220.6 Cr] as on Dec 11,2024
(/) Book Value [ ₹43.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 5.13x ]
Thus, for REMEDIUM LIFECARE , the investors are currently willing to pay '5.13 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 REMEDIUM LIFECARE !
The chart below summarizes the trend in P/B Ratio of REMEDIUM LIFECARE over the last five years.
Historical PB (Price/Book ) ratio chart of REMEDIUM LIFECARE
PB Ratio Performance Analysis for REMEDIUM LIFECARE
- REMEDIUM LIFECARE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.54x.
- REMEDIUM LIFECARE 's operated at median p/b ratio of 10.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, REMEDIUM LIFECARE 's p/b ratio peaked in Mar2023 at 25.62x.
- REMEDIUM LIFECARE 's p/b ratio hit its five-year low in Mar2020 of 2.39x.
How does REMEDIUM LIFECARE 's P/B Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
REMEDIUM LIFECARE | 42.96 | 5.13 | 220.6 |
ADANI ENTERPRISES LTD | 36,452.10 | 7.77 | 283,351.0 |
REDINGTON LTD | 7,548.12 | 2.21 | 16,710.4 |
HONASA CONSUMER LTD | 1,070.46 | 7.89 | 8,450.3 |
MMTC LTD | 1,625.68 | 7.49 | 12,175.5 |
MSTC LTD | 889.04 | 6.14 | 5,458.8 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.74 | 6,215.6 |
VERITAS (INDIA) LTD | 2,510.14 | 1.01 | 2,545.9 |
NOVARTIS INDIA LTD | 744.82 | 3.36 | 2,499.3 |
OPTIEMUS INFRACOM LTD | 426.48 | 16.24 | 6,925.7 |
MISHTANN FOODS LTD | 203.69 | 5.21 | 1,060.4 |
Trading Industry Benchmark (Top 10) PB Analysis vs REMEDIUM LIFECARE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.01x |
Max industry PB | 16.24x |
Median industry PB | 5.21x |
Average industry PB | 6.02x |
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