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SHREE GANESH REMEDIES
PB (Price/Book ) Ratio

The Current P/B Ratio of SHREE GANESH REMEDIES is 8.78.

Share Price ₹610.3Apr 19,2024
Market Cap ₹781.2 Cr
Book Value₹88.9 CrMar2023 - Standalone Results
Price/Book 8.78xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHREE GANESH REMEDIES

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 SHREE GANESH REMEDIES is calculated as :

Current Market Cap [ ₹781.2 Cr] as on Apr 19,2024

(/) Book Value [ ₹88.9 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 8.78x ]

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

Thus, for SHREE GANESH REMEDIES , the investors are currently willing to pay '8.78 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 SHREE GANESH REMEDIES !

The chart below summarizes the trend in P/B Ratio of SHREE GANESH REMEDIES over the last five years.

Historical PB (Price/Book ) ratio chart of SHREE GANESH REMEDIES


PB Ratio Performance Analysis for SHREE GANESH REMEDIES

- SHREE GANESH REMEDIES 's latest p/b ratio is 8.78x.

- SHREE GANESH REMEDIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.80x.

- SHREE GANESH REMEDIES 's operated at median p/b ratio of 3.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREE GANESH REMEDIES 's p/b ratio peaked in Mar2021 at 6.7x.

- SHREE GANESH REMEDIES 's p/b ratio hit its five-year low in Mar2019 of 1.44x.


How does SHREE GANESH REMEDIES 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
SHREE GANESH REMEDIES 88.948.78781.2
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.52365,311.0
CIPLA LTD23,346.004.65108,623.0
DR REDDYS LABORATORIES LTD23,140.404.2899,134.3
ZYDUS LIFESCIENCES LTD17,515.805.3092,794.9
DIVIS LABORATORIES LTD12,767.107.6397,408.4
MANKIND PHARMA LTD7,435.1612.5893,565.4
TORRENT PHARMACEUTICALS LTD6,198.0713.8585,858.5
LUPIN LTD12,315.605.7270,506.8
AUROBINDO PHARMA LTD26,839.802.3763,697.4
ABBOTT INDIA LTD3,146.0217.6555,528.4

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs SHREE GANESH REMEDIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.37x
Max industry PB 17.65x
Median industry PB 6.52x
Average industry PB 8.12x



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