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Poly Medicure (NSE:POLYMED) PB Ratio : 11.39 (As of May. 22, 2024)


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What is Poly Medicure 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 (2024-05-22), Poly Medicure's share price is ₹1744.50. Poly Medicure's Book Value per Share for the quarter that ended in Mar. 2024 was ₹153.18. Hence, Poly Medicure's PB Ratio of today is 11.39.

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

NSE:POLYMED' s PB Ratio Range Over the Past 10 Years
Min: 3.94   Med: 9.95   Max: 23.77
Current: 11.38

During the past 13 years, Poly Medicure's highest PB Ratio was 23.77. The lowest was 3.94. And the median was 9.95.

NSE:POLYMED's PB Ratio is ranked worse than
93.79% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 2.26 vs NSE:POLYMED: 11.38

During the past 12 months, Poly Medicure's average Book Value Per Share Growth Rate was 18.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 30.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 25.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Poly Medicure was 38.00% per year. The lowest was 15.00% per year. And the median was 23.30% per year.

Back to Basics: PB Ratio


Poly Medicure PB Ratio Historical Data

The historical data trend for Poly Medicure'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.

Poly Medicure PB Ratio Chart

Poly Medicure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 8.17 8.37 7.36 10.37

Poly Medicure 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 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 7.36 - 9.85 - 10.37

Competitive Comparison of Poly Medicure's PB Ratio

For the Medical Instruments & Supplies subindustry, Poly Medicure'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.


Poly Medicure's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Poly Medicure's PB Ratio distribution charts can be found below:

* The bar in red indicates where Poly Medicure's PB Ratio falls into.



Poly Medicure 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.

Poly Medicure's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1744.50/153.176
=11.39

* 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.


Poly Medicure  (NSE:POLYMED) 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.


Poly Medicure PB Ratio Related Terms

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


Poly Medicure (NSE:POLYMED) Business Description

Traded in Other Exchanges
Address
Okhla Industrial Estate, 232-B, 3rd Floor, Phase III, New Delhi, IND, 110020
Poly Medicure Ltd engages in the manufacturing and sale of medical devices. It offers disposable medical devices for infusion therapy, blood management, gastroenterology, surgery and wound drainage, anesthesia, and urology. Some of its products include Ventilator Circuit Combo Kits, Bain Circuits, Safety Introducer Needles, High-Pressure Vaccum Bottle-Triplet, Catheters, and others. Geographically, it derives a majority of its revenue from exports. The company operates under one segment namely Medical Devices.

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