SHREE GANESH REMEDIES
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The Current P/B Ratio of SHREE GANESH REMEDIES is 7.20.
Share Price | ₹686.7 | Dec 20,2024 |
Market Cap | ₹879.0 Cr | |
Book Value | ₹122.1 Cr | Mar2024 - Standalone Results |
Price/Book | 7.20x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SHREE GANESH REMEDIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹879.0 Cr] as on Dec 20,2024
(/) Book Value [ ₹122.1 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 7.20x ]
Thus, for SHREE GANESH REMEDIES , the investors are currently willing to pay '7.20 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 SHREE GANESH REMEDIES !
The chart below summarizes the trend in P/B Ratio of SHREE GANESH REMEDIES over the last five years.
Historical PB (Price/Book ) ratio chart of SHREE GANESH REMEDIES
PB Ratio Performance Analysis for SHREE GANESH REMEDIES
- SHREE GANESH REMEDIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.93x.
- SHREE GANESH REMEDIES 's operated at median p/b ratio of 5.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHREE GANESH REMEDIES 's p/b ratio peaked in Mar2024 at 7.02x.
- SHREE GANESH REMEDIES 's p/b ratio hit its five-year low in Mar2020 of 1.55x.
How does SHREE GANESH REMEDIES 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHREE GANESH REMEDIES | 122.11 | 7.20 | 879.0 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 6.82 | 433,920.0 |
CIPLA LTD | 26,619.90 | 4.47 | 118,917.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 3.98 | 112,017.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 4.94 | 97,997.1 |
DIVIS LABORATORIES LTD | 13,571.00 | 11.43 | 155,160.0 |
MANKIND PHARMA LTD | 9,339.84 | 12.38 | 115,661.0 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 16.95 | 116,231.0 |
LUPIN LTD | 14,175.80 | 6.91 | 97,978.6 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.41 | 72,060.1 |
ABBOTT INDIA LTD | 3,658.73 | 16.63 | 60,853.1 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs SHREE GANESH REMEDIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.41x |
Max industry PB | 16.95x |
Median industry PB | 6.91x |
Average industry PB | 8.56x |
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