Granules India (NSE:GRANULES) PB Ratio : 3.23 (As of May. 24, 2024)

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What is Granules India 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 (2024-05-24), Granules India's share price is ₹429.45. Granules India's Book Value per Share for the quarter that ended in Mar. 2024 was ₹133.08. Hence, Granules India's PB Ratio of today is 3.23.

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

NSE:GRANULES' s PB Ratio Range Over the Past 10 Years
Min: 0.78 Med: 3.02 Max: 6.2
Current: 3.22

During the past 13 years, Granules India's highest PB Ratio was 6.20. The lowest was 0.78. And the median was 3.02.

NSE:GRANULES's PB Ratio is ranked worse than
69.29% of 954 companies
in the Drug Manufacturers industry
Industry Median: 1.995 vs NSE:GRANULES: 3.22

During the past 12 months, Granules India's average Book Value Per Share Growth Rate was 13.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 22.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Granules India was 34.60% per year. The lowest was 6.50% per year. And the median was 19.50% per year.

Back to Basics: PB Ratio

Granules India PB Ratio Historical Data

The historical data trend for Granules India'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.

Granules India PB Ratio Chart

Granules India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

Get a 7-Day Free Trial

1.98

3.46

2.94

2.48

3.23

Granules India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															2.48	-	2.90	-	3.23

Competitive Comparison of Granules India's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Granules India'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.

Granules India's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Granules India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Granules India's PB Ratio falls into.

Granules India 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.

Granules India's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	429.45	/	133.084
	=	3.23

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Granules India (NSE:GRANULES) 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.

Granules India PB Ratio Related Terms

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

Granules India (NSE:GRANULES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Granules India Ltd (NSE:GRANULES) » Definitions » PB Ratio

Traded in Other Exchanges

532482:India

Address

3rd Block, My Home Hub, 2nd Floor, Madhapur, Hyderabad, TG, IND, 500 081

Website

https://www.granulesindia.com

Granules India Ltd is an India-based pharmaceutical company. The company manufactures active pharmaceutical ingredients, pharmaceutical formulation intermediates and finished dosages. Its business is organized into three areas; the Core business which comprises core molecules such as Paracetamol, Ibuprofen, Metformin, Guaifenesin, and Methocarbamol; the Emerging business that focuses on manufacturing APIs and the US Generics. It has one segment Pharmaceutical products including ingredients and intermediaries. Its primary geographic markets are North America, Latin America, Europe, India, and Rest of World.

Granules India (NSE:GRANULES) Headlines

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