POLY MEDICURE
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The Current P/B Ratio of POLY MEDICURE is 12.20.
Share Price | ₹1,574.4 | Apr 25,2024 |
Market Cap | ₹15,113.8 Cr | |
Book Value | ₹1,239.3 Cr | Mar2023 - Consolidated Results |
Price/Book | 12.20x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of POLY MEDICURE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹15,113.8 Cr] as on Apr 25,2024
(/) Book Value [ ₹1,239.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 12.20x ]
Thus, for POLY MEDICURE , the investors are currently willing to pay '12.20 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 POLY MEDICURE !
The chart below summarizes the trend in P/B Ratio of POLY MEDICURE over the last five years.
Historical PB (Price/Book ) ratio chart of POLY MEDICURE
PB Ratio Performance Analysis for POLY MEDICURE
- POLY MEDICURE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.74x.
- POLY MEDICURE 's operated at median p/b ratio of 7.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POLY MEDICURE 's p/b ratio peaked in Mar2022 at 8.38x.
- POLY MEDICURE 's p/b ratio hit its five-year low in Mar2020 of 4.78x.
How does POLY MEDICURE 's P/B Ratio benchmark against top 10 peers in Medical Equipment/Supplies/Accessories Industry?
Peer Comparison (Medical Equipment/Supplies/Accessories Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
POLY MEDICURE | 1,239.32 | 12.20 | 15,113.8 |
PREVEST DENPRO LTD | 72.80 | 7.13 | 519.0 |
NURECA LTD | 194.88 | 1.48 | 289.0 |
Medical Equipment/Supplies/Accessories Industry Benchmark (Top 10) PB Analysis vs POLY MEDICURE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.48x |
Max industry PB | 12.20x |
Median industry PB | 7.13x |
Average industry PB | 6.94x |
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