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REMEDIUM LIFECARE
PB (Price/Book ) Ratio

The Current P/B Ratio of REMEDIUM LIFECARE is 99.93.

Share Price ₹102.8Apr 30,2024
Market Cap ₹1,035.7 Cr
Book Value₹10.4 CrMar2023 - Standalone Results
Price/Book 99.93xCalculated 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 [ ₹1,035.7 Cr] as on Apr 30,2024

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

(=) P/B Ratio [ 99.93x ]

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 '99.93 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 99.93x.

- 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 10.3699.931,035.7
ADANI ENTERPRISES LTD33,051.0010.53348,191.0
REDINGTON LTD6,923.172.4717,093.5
HONASA CONSUMER LTD555.4125.1913,989.5
MMTC LTD1,410.637.8711,107.5
MSTC LTD786.508.076,345.9
LLOYDS ENTERPRISES LTD1,010.974.744,794.7
VERITAS (INDIA) LTD2,303.701.784,092.6
NOVARTIS INDIA LTD775.703.292,555.6
OPTIEMUS INFRACOM LTD382.466.312,413.0
MISHTANN FOODS LTD150.2113.101,967.3

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.78x
Max industry PB 99.93x
Median industry PB 7.87x
Average industry PB 16.66x



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