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NURECA
PB (Price/Book ) Ratio

The Current P/B Ratio of NURECA is 1.50.

Share Price ₹293.3Apr 24,2024
Market Cap ₹293.3 Cr
Book Value₹194.9 CrMar2023 - Consolidated Results
Price/Book 1.50xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NURECA

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 NURECA is calculated as :

Current Market Cap [ ₹293.3 Cr] as on Apr 24,2024

(/) Book Value [ ₹194.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.50x ]

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

Thus, for NURECA , the investors are currently willing to pay '1.50 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 NURECA !

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

Historical PB (Price/Book ) ratio chart of NURECA


PB Ratio Performance Analysis for NURECA

- NURECA 's latest p/b ratio is 1.50x.

- NURECA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.39x.

- NURECA 's operated at median p/b ratio of 1.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NURECA 's p/b ratio peaked in Mar2022 at 6.7x.

- NURECA 's p/b ratio hit its five-year low in Mar2020 of 0x.


How does NURECA 's P/B Ratio benchmark against top 10 peers in Medical Equipment/Supplies/Accessories Industry?

Peer Comparison (Medical Equipment/Supplies/Accessories Industry)Book ValuePB RatioMarket Cap
NURECA 194.881.50293.3
POLY MEDICURE LTD1,239.3212.0514,939.9
PREVEST DENPRO LTD72.807.20524.1

Medical Equipment/Supplies/Accessories Industry Benchmark (Top 10) PB Analysis vs NURECA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.50x
Max industry PB 12.05x
Median industry PB 7.20x
Average industry PB 6.92x



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