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VENUS REMEDIES
PB (Price/Book ) Ratio

The Current P/B Ratio of VENUS REMEDIES is 0.87.

Share Price ₹299.8May 10,2024
Market Cap ₹401.7 Cr
Book Value₹460.3 CrMar2023 - Consolidated Results
Price/Book 0.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VENUS 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 VENUS REMEDIES is calculated as :

Current Market Cap [ ₹401.7 Cr] as on May 10,2024

(/) Book Value [ ₹460.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.87x ]

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

Thus, for VENUS REMEDIES , the investors are currently willing to pay '0.87 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 VENUS REMEDIES !

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

Historical PB (Price/Book ) ratio chart of VENUS REMEDIES


PB Ratio Performance Analysis for VENUS REMEDIES

- VENUS REMEDIES 's latest p/b ratio is 0.87x.

- VENUS REMEDIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.48x.

- VENUS REMEDIES '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, VENUS REMEDIES 's p/b ratio peaked in Mar2021 at 0.88x.

- VENUS REMEDIES 's p/b ratio hit its five-year low in Mar2020 of 0.09x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Book ValuePB RatioMarket Cap
VENUS REMEDIES 460.340.87401.7
SUN PHARMACEUTICAL INDUSTRIES LTD55,995.406.45361,400.0
CIPLA LTD26,706.404.05108,147.0
DR REDDYS LABORATORIES LTD28,254.803.4998,703.0
ZYDUS LIFESCIENCES LTD17,515.805.6598,917.8
DIVIS LABORATORIES LTD12,767.107.88100,664.0
MANKIND PHARMA LTD7,435.1612.0689,657.7
TORRENT PHARMACEUTICALS LTD6,198.0714.2188,044.9
LUPIN LTD14,290.305.1373,368.9
AUROBINDO PHARMA LTD26,839.802.4666,132.0
ABBOTT INDIA LTD3,698.8915.1556,034.2

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.87x
Max industry PB 15.15x
Median industry PB 5.65x
Average industry PB 7.04x



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