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Alkem Laboratories Ltd PB Ratio

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Alkem Laboratories Ltd

NSE: ALKEM

PB

5.8

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Alkem Laboratories Ltd is 5.8.
  • The PB ratio of the Alkem Laboratories Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Alkem Laboratories Ltd changed from 3.8 on March 2019 to 5.7 on March 2024 . This represents a CAGR of 6.99% over 6 years.

Historical P/B Ratio of Alkem Laboratories Ltd

No data available

Company Fundamentals for Alkem Laboratories Ltd

Market Cap

66,992 Cr

EPS

181.9

P/E Ratio (TTM)

30.8

P/B Ratio (TTM)

5.8

Day’s High

5665.0

Day’s Low

5511.55

DTE

0.1

ROE

18.5

52 Week High

6440.0

52 Week Low

4409.9

ROCE

19.0

Market Price of Alkem Laboratories Ltd

1M

1Y

3Y

5Y

Monitoring Alkem Laboratories Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
21 Nov 20245603
19 Nov 20245525.25
18 Nov 20245508.7
14 Nov 20245522.7
13 Nov 20245574.05

SWOT Analysis Of Alkem Laboratories Ltd

Strength

3

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Alkem Laboratories Ltd

Asset Value vs Market Value of Alkem Laboratories Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Alkem Laboratories Ltd5.83
Sun Pharmaceuticals Industries Ltd98.3
Divis Laboratories Ltd515.7
Cipla Ltd365.8
Torrent Pharmaceuticals Ltd227.2

Historical Market Cap of Alkem Laboratories Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Alkem Laboratories Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Alkem Laboratories Ltd

What is the PB ratio of Alkem Laboratories Ltd?

The current PB ratio of Alkem Laboratories Ltd is 5.83. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Alkem Laboratories Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Alkem Laboratories Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Alkem Laboratories Ltd calculated?

The PB ratio of Alkem Laboratories Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Alkem Laboratories Ltd?

A high PB ratio suggests that Alkem Laboratories Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Alkem Laboratories Ltd?

A low PB ratio of Alkem Laboratories Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Alkem Laboratories Ltd PB Ratio change over time?

Yes, the PB ratio of Alkem Laboratories Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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