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DENIS CHEM LAB
PB (Price/Book ) Ratio

The Current P/B Ratio of DENIS CHEM LAB is 3.19.

Share Price ₹165.7Apr 24,2024
Market Cap ₹230.3 Cr
Book Value₹72.3 CrMar2023 - Standalone Results
Price/Book 3.19xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DENIS CHEM LAB

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 DENIS CHEM LAB is calculated as :

Current Market Cap [ ₹230.3 Cr] as on Apr 24,2024

(/) Book Value [ ₹72.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 3.19x ]

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

Thus, for DENIS CHEM LAB , the investors are currently willing to pay '3.19 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 DENIS CHEM LAB !

The chart below summarizes the trend in P/B Ratio of DENIS CHEM LAB over the last five years.

Historical PB (Price/Book ) ratio chart of DENIS CHEM LAB


PB Ratio Performance Analysis for DENIS CHEM LAB

- DENIS CHEM LAB 's latest p/b ratio is 3.19x.

- DENIS CHEM LAB 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.22x.

- DENIS CHEM LAB 's operated at median p/b ratio of 1.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DENIS CHEM LAB 's p/b ratio peaked in Mar2019 at 1.9x.

- DENIS CHEM LAB 's p/b ratio hit its five-year low in Mar2020 of 0.7x.


How does DENIS CHEM LAB 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
DENIS CHEM LAB 72.263.19230.3
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.37356,625.0
CIPLA LTD23,346.004.84112,938.0
DR REDDYS LABORATORIES LTD23,140.404.2999,276.9
ZYDUS LIFESCIENCES LTD17,515.805.3693,921.9
DIVIS LABORATORIES LTD12,767.107.94101,315.0
MANKIND PHARMA LTD7,435.1612.9396,143.2
TORRENT PHARMACEUTICALS LTD6,198.0714.6690,872.6
LUPIN LTD12,315.605.8572,010.8
AUROBINDO PHARMA LTD26,839.802.3763,492.3
ABBOTT INDIA LTD3,146.0217.2054,105.4

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs DENIS CHEM LAB 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.37x
Max industry PB 17.20x
Median industry PB 5.85x
Average industry PB 7.73x



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