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Celestial Biolabs (BOM:532871) PB Ratio : 1.64 (As of May. 12, 2024)


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What is Celestial Biolabs PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-12), Celestial Biolabs's share price is ₹2.02. Celestial Biolabs's Book Value per Share for the quarter that ended in Dec. 2023 was ₹1.23. Hence, Celestial Biolabs's PB Ratio of today is 1.64.

Good Sign:

Celestial Biolabs Ltd stock PB Ratio (=1.64) is close to 1-year low of 1.64

The historical rank and industry rank for Celestial Biolabs's PB Ratio or its related term are showing as below:

BOM:532871' s PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.6   Max: 2.3
Current: 1.64

During the past 13 years, Celestial Biolabs's highest PB Ratio was 2.30. The lowest was 0.08. And the median was 0.60.

BOM:532871's PB Ratio is not ranked
in the Biotechnology industry.
Industry Median: 2.5 vs BOM:532871: 1.64

During the past 12 months, Celestial Biolabs's average Book Value Per Share Growth Rate was -17.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -55.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -36.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Celestial Biolabs was -1.00% per year. The lowest was -68.00% per year. And the median was -4.75% per year.

Back to Basics: PB Ratio


Celestial Biolabs PB Ratio Historical Data

The historical data trend for Celestial Biolabs's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Celestial Biolabs PB Ratio Chart

Celestial Biolabs Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 1.16 1.21 1.36 1.64

Celestial Biolabs Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.44 - 1.64 -

Competitive Comparison of Celestial Biolabs's PB Ratio

For the Biotechnology subindustry, Celestial Biolabs's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Celestial Biolabs's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Celestial Biolabs's PB Ratio distribution charts can be found below:

* The bar in red indicates where Celestial Biolabs's PB Ratio falls into.



Celestial Biolabs PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Celestial Biolabs's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.02/1.228
=1.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Celestial Biolabs  (BOM:532871) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Celestial Biolabs PB Ratio Related Terms

Thank you for viewing the detailed overview of Celestial Biolabs's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Celestial Biolabs (BOM:532871) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 59, Road No 12, TSIIC Tech Park, IDA Nacharam, Hyderabad, TG, IND, 500076
Celestial Biolabs Ltd is an India based biopharmaceutical company. It is engaged in the business activity producing and supplying of the biotechnological products. The company offers herbal, feed supplement and nutraceutical products. The proprietary herbal products of the group include BIOVITA, CADALMIN GAE, CEL-DIGEST, BIOLIV, RHUMACEL, CEL-CLEAR, Trem Plus, O-KOF, BIOPOWER GOLD, BIO-DNORM, DERMACEL, GYNOCEL, HEALTHONE, RELIFIN, and C-KAPS. The organization formulates and manufactures Ayurvedic proprietary products for the Indian market.

Celestial Biolabs (BOM:532871) Headlines

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