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SHUKRA PHARMACEUTICALS
PB (Price/Book ) Ratio

The Current P/B Ratio of SHUKRA PHARMACEUTICALS is 19.69.

Share Price ₹113.7May 15,2024
Market Cap ₹498.0 Cr
Book Value₹25.3 CrMar2023 - Standalone Results
Price/Book 19.69xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHUKRA PHARMACEUTICALS

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 SHUKRA PHARMACEUTICALS is calculated as :

Current Market Cap [ ₹498.0 Cr] as on May 15,2024

(/) Book Value [ ₹25.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 19.69x ]

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

Thus, for SHUKRA PHARMACEUTICALS , the investors are currently willing to pay '19.69 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 SHUKRA PHARMACEUTICALS !

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

Historical PB (Price/Book ) ratio chart of SHUKRA PHARMACEUTICALS


PB Ratio Performance Analysis for SHUKRA PHARMACEUTICALS

- SHUKRA PHARMACEUTICALS 's latest p/b ratio is 19.69x.

- SHUKRA PHARMACEUTICALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.52x.

- SHUKRA PHARMACEUTICALS 's operated at median p/b ratio of 0.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHUKRA PHARMACEUTICALS 's p/b ratio peaked in Mar2023 at 0.73x.

- SHUKRA PHARMACEUTICALS 's p/b ratio hit its five-year low in Mar2019 of 0.37x.


How does SHUKRA PHARMACEUTICALS 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
SHUKRA PHARMACEUTICALS 25.3019.69498.0
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.54366,354.0
CIPLA LTD26,706.404.25113,516.0
DR REDDYS LABORATORIES LTD28,254.803.4797,961.5
ZYDUS LIFESCIENCES LTD17,515.805.73100,367.0
DIVIS LABORATORIES LTD12,767.108.10103,352.0
MANKIND PHARMA LTD7,435.1611.8087,765.1
TORRENT PHARMACEUTICALS LTD6,198.0714.4789,710.0
LUPIN LTD14,290.305.2374,702.0
AUROBINDO PHARMA LTD26,839.802.5367,881.0
ABBOTT INDIA LTD3,698.8915.1956,170.8

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs SHUKRA PHARMACEUTICALS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.53x
Max industry PB 19.69x
Median industry PB 6.54x
Average industry PB 8.82x



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