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VIKAS LIFECARE
PB (Price/Book ) Ratio

The Current P/B Ratio of VIKAS LIFECARE is 2.42.

Share Price ₹4.9Mar 28,2024
Market Cap ₹803.1 Cr
Book Value₹331.3 CrMar2023 - Consolidated Results
Price/Book 2.42xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VIKAS LIFECARE

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 VIKAS LIFECARE is calculated as :

Current Market Cap [ ₹803.1 Cr] as on Mar 28,2024

(/) Book Value [ ₹331.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.42x ]

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

Thus, for VIKAS LIFECARE , the investors are currently willing to pay '2.42 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 VIKAS LIFECARE !

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

Historical PB (Price/Book ) ratio chart of VIKAS LIFECARE


PB Ratio Performance Analysis for VIKAS LIFECARE

- VIKAS LIFECARE 's latest p/b ratio is 2.42x.

- VIKAS LIFECARE 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 2.44x.

- VIKAS LIFECARE 's operated at median p/b ratio of 2.92x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, VIKAS LIFECARE 's p/b ratio peaked in Mar2022 at 2.93x.

- VIKAS LIFECARE 's p/b ratio hit its five-year low in Mar2023 of 1.47x.


How does VIKAS LIFECARE 's P/B Ratio benchmark against top 10 peers in Petrochemicals Industry?

Peer Comparison (Petrochemicals Industry)Book ValuePB RatioMarket Cap
VIKAS LIFECARE 331.282.42803.1
RAIN INDUSTRIES LTD922.575.495,065.4
AGARWAL INDUSTRIAL CORPORATION LTD403.712.971,197.4
TAMILNADU PETROPRODUCTS LTD825.450.85702.6
KOTHARI PETROCHEMICALS LTD192.073.75719.4
ORICON ENTERPRISES LTD1,033.030.55571.3
MULTIBASE INDIA LTD125.942.36297.5

Petrochemicals Industry Benchmark (Top 10) PB Analysis vs VIKAS LIFECARE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.55x
Max industry PB 5.49x
Median industry PB 2.42x
Average industry PB 2.63x



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