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SOLARA ACTIVE PHARMA SCIENCES
PB (Price/Book ) Ratio

The Current P/B Ratio of SOLARA ACTIVE PHARMA SCIENCES is 3.27.

Share Price ₹633.3Jan 13,2025
Market Cap ₹3,045.9 Cr
Book Value₹932.3 CrMar2024 - Consolidated Results
Price/Book 3.27xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SOLARA ACTIVE PHARMA SCIENCES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of SOLARA ACTIVE PHARMA SCIENCES is calculated as :

Current Market Cap [ ₹3,045.9 Cr] as on Jan 13,2025

(/) Book Value [ ₹932.3 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.27x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for SOLARA ACTIVE PHARMA SCIENCES , the investors are currently willing to pay '3.27 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 SOLARA ACTIVE PHARMA SCIENCES !

The chart below summarizes the trend in P/B Ratio of SOLARA ACTIVE PHARMA SCIENCES over the last five years.

Historical PB (Price/Book ) ratio chart of SOLARA ACTIVE PHARMA SCIENCES


PB Ratio Performance Analysis for SOLARA ACTIVE PHARMA SCIENCES

- SOLARA ACTIVE PHARMA SCIENCES 's latest p/b ratio is 3.27x.

- SOLARA ACTIVE PHARMA SCIENCES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.63x.

- SOLARA ACTIVE PHARMA SCIENCES 's operated at median p/b ratio of 1.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOLARA ACTIVE PHARMA SCIENCES 's p/b ratio peaked in Mar2021 at 3.16x.

- SOLARA ACTIVE PHARMA SCIENCES 's p/b ratio hit its five-year low in Mar2023 of 0.79x.


How does SOLARA ACTIVE PHARMA SCIENCES 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
SOLARA ACTIVE PHARMA SCIENCES 932.263.273,045.9
SUN PHARMACEUTICAL INDUSTRIES LTD63,666.806.58418,936.0
CIPLA LTD26,619.904.37116,200.0
DR REDDYS LABORATORIES LTD28,123.503.96111,325.0
ZYDUS LIFESCIENCES LTD19,829.504.9498,037.4
DIVIS LABORATORIES LTD13,571.0011.21152,157.0
MANKIND PHARMA LTD9,339.8411.44106,880.0
TORRENT PHARMACEUTICALS LTD6,856.1515.99109,617.0
LUPIN LTD14,175.806.9398,275.2
AUROBINDO PHARMA LTD29,842.802.2667,480.4
ABBOTT INDIA LTD3,658.7316.5860,664.8

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs SOLARA ACTIVE PHARMA SCIENCES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.26x
Max industry PB 16.58x
Median industry PB 6.58x
Average industry PB 7.96x



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