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GRANULES INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of GRANULES INDIA is 3.70.

Share Price ₹430.0Mar 28,2024
Market Cap ₹10,422.0 Cr
Book Value₹2,816.9 CrMar2023 - Consolidated Results
Price/Book 3.70xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GRANULES INDIA

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 GRANULES INDIA is calculated as :

Current Market Cap [ ₹10,422.0 Cr] as on Mar 28,2024

(/) Book Value [ ₹2,816.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 3.70x ]

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

Thus, for GRANULES INDIA , the investors are currently willing to pay '3.70 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 GRANULES INDIA !

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

Historical PB (Price/Book ) ratio chart of GRANULES INDIA


PB Ratio Performance Analysis for GRANULES INDIA

- GRANULES INDIA 's latest p/b ratio is 3.70x.

- GRANULES INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.57x.

- GRANULES INDIA 's operated at median p/b ratio of 2.5x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GRANULES INDIA 's p/b ratio peaked in Mar2021 at 3.49x.

- GRANULES INDIA 's p/b ratio hit its five-year low in Mar2019 of 1.91x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
GRANULES INDIA 2,816.893.7010,422.0
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.94388,812.0
CIPLA LTD23,346.005.17120,673.0
DR REDDYS LABORATORIES LTD23,140.404.44102,679.0
ZYDUS LIFESCIENCES LTD17,515.805.77101,152.0
DIVIS LABORATORIES LTD12,767.107.1591,234.9
MANKIND PHARMA LTD7,435.1612.3892,029.2
TORRENT PHARMACEUTICALS LTD6,198.0714.2088,034.7
LUPIN LTD12,315.605.9973,722.0
AUROBINDO PHARMA LTD26,839.802.3863,835.1
ABBOTT INDIA LTD3,146.0218.2057,258.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.38x
Max industry PB 18.20x
Median industry PB 5.99x
Average industry PB 7.85x



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