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SUN PHARMA ADVANCED RESEARCH COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of SUN PHARMA ADVANCED RESEARCH COMPANY is 23.41.

Share Price ₹370.0Mar 28,2024
Market Cap ₹12,004.9 Cr
Book Value₹512.8 CrMar2023 - Standalone Results
Price/Book 23.41xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SUN PHARMA ADVANCED RESEARCH COMPANY

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 SUN PHARMA ADVANCED RESEARCH COMPANY is calculated as :

Current Market Cap [ ₹12,004.9 Cr] as on Mar 28,2024

(/) Book Value [ ₹512.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 23.41x ]

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

Thus, for SUN PHARMA ADVANCED RESEARCH COMPANY , the investors are currently willing to pay '23.41 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 SUN PHARMA ADVANCED RESEARCH COMPANY !

The chart below summarizes the trend in P/B Ratio of SUN PHARMA ADVANCED RESEARCH COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of SUN PHARMA ADVANCED RESEARCH COMPANY


PB Ratio Performance Analysis for SUN PHARMA ADVANCED RESEARCH COMPANY

- SUN PHARMA ADVANCED RESEARCH COMPANY 's latest p/b ratio is 23.41x.

- SUN PHARMA ADVANCED RESEARCH COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -33.83x.

- SUN PHARMA ADVANCED RESEARCH COMPANY 's operated at median p/b ratio of -22.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUN PHARMA ADVANCED RESEARCH COMPANY 's p/b ratio peaked in Mar2019 at 16.98x.

- SUN PHARMA ADVANCED RESEARCH COMPANY 's p/b ratio hit its five-year low in Mar2020 of -135.68x.


How does SUN PHARMA ADVANCED RESEARCH COMPANY 's P/B Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Book ValuePB RatioMarket Cap
SUN PHARMA ADVANCED RESEARCH COMPANY 512.7823.4112,004.9
SYNGENE INTERNATIONAL LTD3,552.607.9428,209.4
LATENT VIEW ANALYTICS LTD1,202.468.7010,462.0
JUST DIAL LTD3,643.371.876,819.2
DREAMFOLKS SERVICES LTD153.0516.912,588.7
EKI ENERGY SERVICES LTD514.411.48760.6
AGS TRANSACT TECHNOLOGIES LTD510.391.61822.1
JAYKAY ENTERPRISES LTD136.225.04686.3
QUINT DIGITAL LTD201.742.48500.1
PTL ENTERPRISES LTD699.730.74516.8
SWADESHI POLYTEX LTD26.4021.34563.4

Business Support Industry Benchmark (Top 10) PB Analysis vs SUN PHARMA ADVANCED RESEARCH COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.74x
Max industry PB 23.41x
Median industry PB 5.04x
Average industry PB 8.32x



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