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Eris Lifesciences Ltd PB Ratio

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ERIS Lifesciences Ltd

NSE: ERIS

PB

6.8

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of ERIS Lifesciences Ltd is 6.8.
  • The PB ratio of the ERIS Lifesciences Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of ERIS Lifesciences Ltd changed from 7.7 on March 2019 to 4.4 on March 2024 . This represents a CAGR of -8.91% over 6 years.

Historical P/B Ratio of ERIS Lifesciences Ltd

No data available

Company Fundamentals for ERIS Lifesciences Ltd

Market Cap

18,730 Cr

EPS

25.6

P/E Ratio (TTM)

53.8

P/B Ratio (TTM)

6.8

Day’s High

1393.9

Day’s Low

1362.7

DTE

1.0

ROE

12.6

52 Week High

1521.05

52 Week Low

810.1

ROCE

11.0

Market Price of ERIS Lifesciences Ltd

1M

1Y

3Y

5Y

Monitoring ERIS Lifesciences 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
22 Nov 20241376.15
21 Nov 20241365.95
19 Nov 20241364.4
18 Nov 20241356.25
14 Nov 20241353.8

SWOT Analysis Of ERIS Lifesciences Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for ERIS Lifesciences Ltd

Asset Value vs Market Value of ERIS Lifesciences Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
ERIS Lifesciences Ltd6.76
Sun Pharmaceuticals Industries Ltd98.3
Divis Laboratories Ltd513.6
Cipla Ltd360.7
Torrent Pharmaceuticals Ltd222.4

Historical Market Cap of ERIS Lifesciences Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of ERIS Lifesciences Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of ERIS Lifesciences Ltd

What is the PB ratio of ERIS Lifesciences Ltd?

The current PB ratio of ERIS Lifesciences Ltd is 6.76. 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 ERIS Lifesciences Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for ERIS Lifesciences 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 ERIS Lifesciences Ltd calculated?

The PB ratio of ERIS Lifesciences 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 ERIS Lifesciences Ltd?

A high PB ratio suggests that ERIS Lifesciences 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 ERIS Lifesciences Ltd?

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

Can ERIS Lifesciences Ltd PB Ratio change over time?

Yes, the PB ratio of ERIS Lifesciences 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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