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PREVEST DENPRO
PB (Price/Book ) Ratio

The Current P/B Ratio of PREVEST DENPRO is 6.44.

Share Price ₹390.7May 07,2024
Market Cap ₹468.8 Cr
Book Value₹72.8 CrMar2023 - Standalone Results
Price/Book 6.44xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PREVEST DENPRO

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 PREVEST DENPRO is calculated as :

Current Market Cap [ ₹468.8 Cr] as on May 07,2024

(/) Book Value [ ₹72.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 6.44x ]

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

Thus, for PREVEST DENPRO , the investors are currently willing to pay '6.44 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 PREVEST DENPRO !

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

Historical PB (Price/Book ) ratio chart of PREVEST DENPRO


PB Ratio Performance Analysis for PREVEST DENPRO

- PREVEST DENPRO 's latest p/b ratio is 6.44x.

- PREVEST DENPRO 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.44x.

- PREVEST DENPRO 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PREVEST DENPRO 's p/b ratio peaked in Mar2022 at 7.59x.

- PREVEST DENPRO 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does PREVEST DENPRO '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
PREVEST DENPRO 72.806.44468.8
POLY MEDICURE LTD1,239.3212.3915,357.3
NURECA LTD194.881.42276.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.42x
Max industry PB 12.39x
Median industry PB 6.44x
Average industry PB 6.75x



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