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POLY MEDICURE
PB (Price/Book ) Ratio

The Current P/B Ratio of POLY MEDICURE is 12.20.

Share Price ₹1,574.4Apr 25,2024
Market Cap ₹15,113.8 Cr
Book Value₹1,239.3 CrMar2023 - Consolidated Results
Price/Book 12.20xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of POLY MEDICURE

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 POLY MEDICURE is calculated as :

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 ]

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

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 latest p/b ratio is 12.20x.

- 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 ValuePB RatioMarket Cap
POLY MEDICURE 1,239.3212.2015,113.8
PREVEST DENPRO LTD72.807.13519.0
NURECA LTD194.881.48289.0

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

Top 10 Industry PeersPB 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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