VIKAS LIFECARE
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The Current P/B Ratio of VIKAS LIFECARE is 1.69.
| Share Price | ₹4.1 | Jan 06,2025 |
| Market Cap | ₹769.5 Cr | |
| Book Value | ₹455.9 Cr | Mar2024 - Consolidated Results |
| Price/Book | 1.69x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of VIKAS LIFECARE
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
Current Market Cap [ ₹769.5 Cr] as on Jan 06,2025
(/) Book Value [ ₹455.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.69x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for VIKAS LIFECARE , the investors are currently willing to pay '1.69 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 VIKAS LIFECARE !
The chart below summarizes the trend in P/B Ratio of VIKAS LIFECARE over the last five years.
Thus, for VIKAS LIFECARE , the investors are currently willing to pay '1.69 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 VIKAS LIFECARE !
The chart below summarizes the trend in P/B Ratio of VIKAS LIFECARE over the last five years.
Historical PB (Price/Book ) ratio chart of VIKAS LIFECARE
PB Ratio Performance Analysis for VIKAS LIFECARE
- VIKAS LIFECARE 's latest p/b ratio is 1.69x.
- VIKAS LIFECARE 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.27x.
- VIKAS LIFECARE 's operated at median p/b ratio of 2.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, VIKAS LIFECARE 's p/b ratio peaked in Mar2022 at 2.93x.
- VIKAS LIFECARE 's p/b ratio hit its five-year low in Mar2023 of 1.47x.
- VIKAS LIFECARE 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 2.27x.
- VIKAS LIFECARE 's operated at median p/b ratio of 2.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, VIKAS LIFECARE 's p/b ratio peaked in Mar2022 at 2.93x.
- VIKAS LIFECARE 's p/b ratio hit its five-year low in Mar2023 of 1.47x.
How does VIKAS LIFECARE 's P/B Ratio benchmark against top 10 peers in Petrochemicals Industry?
| Peer Comparison (Petrochemicals Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| VIKAS LIFECARE | 455.94 | 1.69 | 769.5 |
| RAIN INDUSTRIES LTD | 922.57 | 6.11 | 5,637.2 |
| AGARWAL INDUSTRIAL CORPORATION LTD | 511.02 | 3.62 | 1,850.7 |
| TAMILNADU PETROPRODUCTS LTD | 859.47 | 0.81 | 697.7 |
| KOTHARI PETROCHEMICALS LTD | 246.54 | 4.51 | 1,112.0 |
| ORICON ENTERPRISES LTD | 1,175.22 | 0.52 | 607.2 |
| MULTIBASE INDIA LTD | 134.57 | 3.06 | 411.3 |
Petrochemicals Industry Benchmark (Top 10) PB Analysis vs VIKAS LIFECARE 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.52x |
| Max industry PB | 6.11x |
| Median industry PB | 3.06x |
| Average industry PB | 2.90x |
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