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SOLARA ACTIVE PHARMA SCIENCES
PB (Price/Book ) Ratio

The Current P/B Ratio of SOLARA ACTIVE PHARMA SCIENCES is 1.32.

Share Price ₹551.5Apr 19,2024
Market Cap ₹1,985.2 Cr
Book Value₹1,499.2 CrMar2023 - Consolidated Results
Price/Book 1.32xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SOLARA ACTIVE PHARMA SCIENCES

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 SOLARA ACTIVE PHARMA SCIENCES is calculated as :

Current Market Cap [ ₹1,985.2 Cr] as on Apr 19,2024

(/) Book Value [ ₹1,499.2 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.32x ]

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

Thus, for SOLARA ACTIVE PHARMA SCIENCES , the investors are currently willing to pay '1.32 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 SOLARA ACTIVE PHARMA SCIENCES !

The chart below summarizes the trend in P/B Ratio of SOLARA ACTIVE PHARMA SCIENCES over the last five years.

Historical PB (Price/Book ) ratio chart of SOLARA ACTIVE PHARMA SCIENCES


PB Ratio Performance Analysis for SOLARA ACTIVE PHARMA SCIENCES

- SOLARA ACTIVE PHARMA SCIENCES 's latest p/b ratio is 1.32x.

- SOLARA ACTIVE PHARMA SCIENCES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.60x.

- SOLARA ACTIVE PHARMA SCIENCES 's operated at median p/b ratio of 1.27x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOLARA ACTIVE PHARMA SCIENCES 's p/b ratio peaked in Mar2021 at 3.16x.

- SOLARA ACTIVE PHARMA SCIENCES 's p/b ratio hit its five-year low in Mar2023 of 0.79x.


How does SOLARA ACTIVE PHARMA SCIENCES 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
SOLARA ACTIVE PHARMA SCIENCES 1,499.161.321,985.2
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 SOLARA ACTIVE PHARMA SCIENCES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.32x
Max industry PB 17.65x
Median industry PB 5.72x
Average industry PB 7.44x



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