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JB CHEMICALS & PHARMACEUTICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of JB CHEMICALS & PHARMACEUTICALS is 11.70.

Share Price ₹1,778.5Apr 19,2024
Market Cap ₹27,601.5 Cr
Book Value₹2,358.7 CrMar2023 - Consolidated Results
Price/Book 11.70xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JB CHEMICALS & PHARMACEUTICALS

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 JB CHEMICALS & PHARMACEUTICALS is calculated as :

Current Market Cap [ ₹27,601.5 Cr] as on Apr 19,2024

(/) Book Value [ ₹2,358.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 11.70x ]

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

Thus, for JB CHEMICALS & PHARMACEUTICALS , the investors are currently willing to pay '11.70 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 JB CHEMICALS & PHARMACEUTICALS !

The chart below summarizes the trend in P/B Ratio of JB CHEMICALS & PHARMACEUTICALS over the last five years.

Historical PB (Price/Book ) ratio chart of JB CHEMICALS & PHARMACEUTICALS


PB Ratio Performance Analysis for JB CHEMICALS & PHARMACEUTICALS

- JB CHEMICALS & PHARMACEUTICALS 's latest p/b ratio is 11.70x.

- JB CHEMICALS & PHARMACEUTICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.48x.

- JB CHEMICALS & PHARMACEUTICALS 's operated at median p/b ratio of 5.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JB CHEMICALS & PHARMACEUTICALS 's p/b ratio peaked in Mar2023 at 6.47x.

- JB CHEMICALS & PHARMACEUTICALS 's p/b ratio hit its five-year low in Mar2019 of 1.95x.


How does JB CHEMICALS & PHARMACEUTICALS 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
JB CHEMICALS & PHARMACEUTICALS 2,358.7311.7027,601.5
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.52365,311.0
CIPLA LTD23,346.004.65108,623.0
DR REDDYS LABORATORIES LTD23,140.404.2899,134.3
ZYDUS LIFESCIENCES LTD17,515.805.3092,794.9
DIVIS LABORATORIES LTD12,767.107.6397,408.4
MANKIND PHARMA LTD7,435.1612.5893,565.4
TORRENT PHARMACEUTICALS LTD6,198.0713.8585,858.5
LUPIN LTD12,315.605.7270,506.8
AUROBINDO PHARMA LTD26,839.802.3763,697.4
ABBOTT INDIA LTD3,146.0217.6555,528.4

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs JB CHEMICALS & PHARMACEUTICALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.37x
Max industry PB 17.65x
Median industry PB 6.52x
Average industry PB 8.39x



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