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MEDICAMEN BIOTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of MEDICAMEN BIOTECH is 2.85.

Share Price ₹433.2Apr 23,2024
Market Cap ₹550.1 Cr
Book Value₹193.3 CrMar2023 - Consolidated Results
Price/Book 2.85xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MEDICAMEN BIOTECH

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 MEDICAMEN BIOTECH is calculated as :

Current Market Cap [ ₹550.1 Cr] as on Apr 23,2024

(/) Book Value [ ₹193.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.85x ]

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

Thus, for MEDICAMEN BIOTECH , the investors are currently willing to pay '2.85 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 MEDICAMEN BIOTECH !

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

Historical PB (Price/Book ) ratio chart of MEDICAMEN BIOTECH


PB Ratio Performance Analysis for MEDICAMEN BIOTECH

- MEDICAMEN BIOTECH 's latest p/b ratio is 2.85x.

- MEDICAMEN BIOTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.74x.

- MEDICAMEN BIOTECH 's operated at median p/b ratio of 5.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MEDICAMEN BIOTECH 's p/b ratio peaked in Mar2019 at 6.58x.

- MEDICAMEN BIOTECH 's p/b ratio hit its five-year low in Mar2020 of 1.85x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
MEDICAMEN BIOTECH 193.292.85550.1
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.36356,001.0
CIPLA LTD23,346.004.66108,813.0
DR REDDYS LABORATORIES LTD23,140.404.2999,325.3
ZYDUS LIFESCIENCES LTD17,515.805.5196,553.2
DIVIS LABORATORIES LTD12,767.107.84100,075.0
MANKIND PHARMA LTD7,435.1612.9095,896.9
TORRENT PHARMACEUTICALS LTD6,198.0714.4089,224.4
LUPIN LTD12,315.605.8572,033.6
AUROBINDO PHARMA LTD26,839.802.3964,043.1
ABBOTT INDIA LTD3,146.0217.3954,704.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.39x
Max industry PB 17.39x
Median industry PB 5.85x
Average industry PB 7.68x



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