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BAL PHARMA
PB (Price/Book ) Ratio

The Current P/B Ratio of BAL PHARMA is 2.36.

Share Price ₹95.5Mar 27,2024
Market Cap ₹150.8 Cr
Book Value₹63.8 CrMar2023 - Consolidated Results
Price/Book 2.36xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BAL PHARMA

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 BAL PHARMA is calculated as :

Current Market Cap [ ₹150.8 Cr] as on Mar 27,2024

(/) Book Value [ ₹63.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.36x ]

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

Thus, for BAL PHARMA , the investors are currently willing to pay '2.36 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 BAL PHARMA !

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

Historical PB (Price/Book ) ratio chart of BAL PHARMA


PB Ratio Performance Analysis for BAL PHARMA

- BAL PHARMA 's latest p/b ratio is 2.36x.

- BAL PHARMA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.66x.

- BAL PHARMA 's operated at median p/b ratio of 1.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BAL PHARMA 's p/b ratio peaked in Mar2022 at 2.77x.

- BAL PHARMA 's p/b ratio hit its five-year low in Mar2020 of 0.88x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
BAL PHARMA 63.792.36150.8
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.89385,837.0
DIVIS LABORATORIES LTD12,767.107.0089,323.5
CIPLA LTD23,346.005.07118,376.0
DR REDDYS LABORATORIES LTD23,140.404.36100,885.0
TORRENT PHARMACEUTICALS LTD6,198.0714.0086,779.1
ABBOTT INDIA LTD3,146.0218.0756,838.6
ZYDUS LIFESCIENCES LTD17,515.805.74100,583.0
ALKEM LABORATORIES LTD9,044.696.6159,770.5
LUPIN LTD12,315.605.9172,826.6
BIOCON LTD17,592.901.7530,807.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.75x
Max industry PB 18.07x
Median industry PB 5.91x
Average industry PB 7.07x



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