ZIM LABORATORIES
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The Current P/B Ratio of ZIM LABORATORIES is 2.85.
Share Price | ₹117.4 | May 07,2024 |
Market Cap | ₹571.7 Cr | |
Book Value | ₹200.3 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.85x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ZIM LABORATORIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹571.7 Cr] as on May 07,2024
(/) Book Value [ ₹200.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.85x ]
Thus, for ZIM LABORATORIES , the investors are currently willing to pay '2.85 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 ZIM LABORATORIES !
The chart below summarizes the trend in P/B Ratio of ZIM LABORATORIES over the last five years.
Historical PB (Price/Book ) ratio chart of ZIM LABORATORIES
PB Ratio Performance Analysis for ZIM LABORATORIES
- ZIM LABORATORIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.18x.
- ZIM LABORATORIES 's operated at median p/b ratio of 1.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ZIM LABORATORIES 's p/b ratio peaked in Mar2023 at 1.76x.
- ZIM LABORATORIES 's p/b ratio hit its five-year low in Mar2020 of 0.59x.
How does ZIM LABORATORIES 's P/B Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ZIM LABORATORIES | 200.35 | 2.85 | 571.7 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 55,995.40 | 6.49 | 363,535.0 |
CIPLA LTD | 23,346.00 | 4.80 | 112,058.0 |
DR REDDYS LABORATORIES LTD | 28,254.80 | 3.70 | 104,414.0 |
ZYDUS LIFESCIENCES LTD | 17,515.80 | 5.63 | 98,676.3 |
DIVIS LABORATORIES LTD | 12,767.10 | 8.13 | 103,845.0 |
MANKIND PHARMA LTD | 7,435.16 | 11.95 | 88,830.5 |
TORRENT PHARMACEUTICALS LTD | 6,198.07 | 14.29 | 88,586.4 |
LUPIN LTD | 14,290.30 | 5.14 | 73,400.8 |
AUROBINDO PHARMA LTD | 26,839.80 | 2.46 | 65,903.5 |
ABBOTT INDIA LTD | 3,146.02 | 17.37 | 54,645.2 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PB Analysis vs ZIM LABORATORIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.46x |
Max industry PB | 17.37x |
Median industry PB | 5.63x |
Average industry PB | 7.53x |
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