WOCKHARDT
|
The Current P/B Ratio of WOCKHARDT is 5.14.
Share Price | ₹1,120.8 | Oct 28,2024 |
Market Cap | ₹17,193.1 Cr | |
Book Value | ₹3,346.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.14x | Calculated as MarketCap/Book Value |
---|---|---|
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 [ ₹17,193.1 Cr] as on Oct 28,2024
(/) Book Value [ ₹3,346.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.14x ]
Thus, for WOCKHARDT , the investors are currently willing to pay '5.14 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 | 5.14 | 17,193.1 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 63,666.80 | 7.17 | 456,509.0 |
CIPLA LTD | 26,619.90 | 4.56 | 121,422.0 |
DR REDDYS LABORATORIES LTD | 28,123.50 | 3.89 | 109,505.0 |
ZYDUS LIFESCIENCES LTD | 19,829.50 | 5.11 | 101,293.0 |
DIVIS LABORATORIES LTD | 13,571.00 | 11.37 | 154,240.0 |
MANKIND PHARMA LTD | 9,339.84 | 10.42 | 97,300.4 |
TORRENT PHARMACEUTICALS LTD | 6,856.15 | 16.36 | 112,171.0 |
LUPIN LTD | 14,175.80 | 7.09 | 100,550.0 |
AUROBINDO PHARMA LTD | 29,842.80 | 2.79 | 83,278.2 |
ABBOTT INDIA LTD | 3,658.73 | 16.50 | 60,360.4 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs WOCKHARDT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.79x |
Max industry PB | 16.50x |
Median industry PB | 7.09x |
Average industry PB | 8.22x |
You may also like the below Video Courses