Home > PB Ratio > NECTAR LIFESCIENCES

NECTAR LIFESCIENCES
PB (Price/Book ) Ratio

The Current P/B Ratio of NECTAR LIFESCIENCES is 0.72.

Share Price ₹34.1Apr 23,2024
Market Cap ₹765.3 Cr
Book Value₹1,064.6 CrMar2023 - Consolidated Results
Price/Book 0.72xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for NECTAR LIFESCIENCES
Please provide your vote to see the results
NECTAR LIFESCIENCES is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of NECTAR LIFESCIENCES

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 NECTAR LIFESCIENCES is calculated as :

Current Market Cap [ ₹765.3 Cr] as on Apr 23,2024

(/) Book Value [ ₹1,064.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.72x ]

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

Thus, for NECTAR LIFESCIENCES , the investors are currently willing to pay '0.72 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 NECTAR LIFESCIENCES !

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

Historical PB (Price/Book ) ratio chart of NECTAR LIFESCIENCES


PB Ratio Performance Analysis for NECTAR LIFESCIENCES

- NECTAR LIFESCIENCES 's latest p/b ratio is 0.72x.

- NECTAR LIFESCIENCES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.35x.

- NECTAR LIFESCIENCES 's operated at median p/b ratio of 0.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NECTAR LIFESCIENCES 's p/b ratio peaked in Mar2022 at 0.5x.

- NECTAR LIFESCIENCES 's p/b ratio hit its five-year low in Mar2020 of 0.2x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
NECTAR LIFESCIENCES 1,064.590.72765.3
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 NECTAR LIFESCIENCES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.72x
Max industry PB 17.39x
Median industry PB 5.85x
Average industry PB 7.48x



You may also like the below Video Courses