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TYCHE INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of TYCHE INDUSTRIES is 1.79.

Share Price ₹203.0Apr 16,2024
Market Cap ₹209.1 Cr
Book Value₹116.8 CrMar2023 - Standalone Results
Price/Book 1.79xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TYCHE INDUSTRIES

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 TYCHE INDUSTRIES is calculated as :

Current Market Cap [ ₹209.1 Cr] as on Apr 16,2024

(/) Book Value [ ₹116.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.79x ]

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

Thus, for TYCHE INDUSTRIES , the investors are currently willing to pay '1.79 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 TYCHE INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of TYCHE INDUSTRIES


PB Ratio Performance Analysis for TYCHE INDUSTRIES

- TYCHE INDUSTRIES 's latest p/b ratio is 1.79x.

- TYCHE INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.31x.

- TYCHE INDUSTRIES 's operated at median p/b ratio of 1.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TYCHE INDUSTRIES 's p/b ratio peaked in Mar2021 at 1.82x.

- TYCHE INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.99x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
TYCHE INDUSTRIES 116.751.79209.1
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.59368,766.0
CIPLA LTD23,346.004.76111,102.0
DR REDDYS LABORATORIES LTD23,140.404.36100,958.0
ZYDUS LIFESCIENCES LTD17,515.805.4395,104.2
DIVIS LABORATORIES LTD12,767.107.8399,939.6
MANKIND PHARMA LTD7,435.1612.3091,420.3
TORRENT PHARMACEUTICALS LTD6,198.0713.8585,851.8
LUPIN LTD12,315.605.9573,329.7
AUROBINDO PHARMA LTD26,839.802.4265,027.5
ABBOTT INDIA LTD3,146.0217.6255,442.3

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.79x
Max industry PB 17.62x
Median industry PB 5.95x
Average industry PB 7.54x



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