WOCKHARDT
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The Current P/B Ratio of WOCKHARDT is 7.10.
Share Price | ₹1,461.2 | Dec 26,2024 |
Market Cap | ₹23,743.7 Cr | |
Book Value | ₹3,346.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.10x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of WOCKHARDT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹23,743.7 Cr] as on Dec 26,2024
(/) Book Value [ ₹3,346.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.10x ]
Thus, for WOCKHARDT , the investors are currently willing to pay '7.10 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 WOCKHARDT !
The chart below summarizes the trend in P/B Ratio of WOCKHARDT over the last five years.
Historical PB (Price/Book ) ratio chart of WOCKHARDT
PB Ratio Performance Analysis for WOCKHARDT
- WOCKHARDT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.28x.
- WOCKHARDT 's operated at median p/b ratio of 0.99x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WOCKHARDT 's p/b ratio peaked in Mar2024 at 2.69x.
- WOCKHARDT 's p/b ratio hit its five-year low in Mar2023 of 0.66x.
How does WOCKHARDT 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
WOCKHARDT | 3,346.00 | 7.10 | 23,743.7 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 6.94 | 441,838.0 |
CIPLA LTD | 26,619.90 | 4.52 | 120,270.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 4.02 | 113,077.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 4.87 | 96,553.2 |
DIVIS LABORATORIES LTD | 13,571.00 | 11.50 | 156,107.0 |
MANKIND PHARMA LTD | 9,339.84 | 12.87 | 120,212.0 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 16.87 | 115,643.0 |
LUPIN LTD | 14,175.80 | 7.02 | 99,532.1 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.44 | 72,945.8 |
ABBOTT INDIA LTD | 3,658.73 | 16.63 | 60,844.2 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs WOCKHARDT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.44x |
Max industry PB | 16.87x |
Median industry PB | 7.02x |
Average industry PB | 8.62x |
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