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REMEDIUM LIFECARE
PB (Price/Book ) Ratio

The Current P/B Ratio of REMEDIUM LIFECARE is 78.39.

Share Price ₹80.6May 14,2024
Market Cap ₹812.4 Cr
Book Value₹10.4 CrMar2023 - Standalone Results
Price/Book 78.39xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of REMEDIUM LIFECARE

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 REMEDIUM LIFECARE is calculated as :

Current Market Cap [ ₹812.4 Cr] as on May 14,2024

(/) Book Value [ ₹10.4 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 78.39x ]

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

Thus, for REMEDIUM LIFECARE , the investors are currently willing to pay '78.39 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 REMEDIUM LIFECARE !

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

Historical PB (Price/Book ) ratio chart of REMEDIUM LIFECARE


PB Ratio Performance Analysis for REMEDIUM LIFECARE

- REMEDIUM LIFECARE 's latest p/b ratio is 78.39x.

- REMEDIUM LIFECARE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.81x.

- REMEDIUM LIFECARE 's operated at median p/b ratio of 4.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, REMEDIUM LIFECARE 's p/b ratio peaked in Mar2023 at 25.62x.

- REMEDIUM LIFECARE 's p/b ratio hit its five-year low in Mar2019 of 1.81x.


How does REMEDIUM LIFECARE 's P/B Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Book ValuePB RatioMarket Cap
REMEDIUM LIFECARE 10.3678.39812.4
ADANI ENTERPRISES LTD39,076.108.86346,224.0
REDINGTON LTD6,923.172.4016,585.3
HONASA CONSUMER LTD555.4124.3013,496.7
MMTC LTD1,410.637.6010,722.0
MSTC LTD786.507.535,919.9
LLOYDS ENTERPRISES LTD2,032.072.104,264.2
VERITAS (INDIA) LTD2,303.701.513,469.1
NOVARTIS INDIA LTD744.823.482,593.6
OPTIEMUS INFRACOM LTD382.465.812,222.0
MISHTANN FOODS LTD150.2112.791,920.5

Trading Industry Benchmark (Top 10) PB Analysis vs REMEDIUM LIFECARE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.51x
Max industry PB 78.39x
Median industry PB 7.53x
Average industry PB 14.07x



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