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Eris Lifesciences Ltd PB Ratio

Eris Lifesciences Ltd PB Ratio

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Last Updated time: 18 Sep 15:30 PM

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ERIS Lifesciences Ltd

NSE: ERIS

PB

7.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of ERIS Lifesciences Ltd is 7.3 as of 18 Sep 24.
  • The P/B Ratio of ERIS Lifesciences Ltd changed from 4.9 on March 2022 to 4.4 on March 2024 . This represents a CAGR of -3.52% over 3 years. .

Historical P/B Ratio of ERIS Lifesciences Ltd

No data available

Company Fundamentals for ERIS Lifesciences Ltd

Market Cap

19,001 Cr

EPS

28.0

P/E Ratio (TTM) *

50.0

P/B Ratio (TTM) *

7.3

Day’s High *

1420.0

Day’s Low

1374.45

DTE *

1.1

ROE *

15.2

52 Week High

1521.05

52 Week Low

800.05

ROCE *

9.6

Share price Over Time

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 Share Price

Date
leftPriceleft
18 Sep 20241396.3
17 Sep 20241391
16 Sep 20241388.15
13 Sep 20241394.6
12 Sep 20241435.35
11 Sep 20241452.55
10 Sep 20241466.95
09 Sep 20241464
06 Sep 20241447.8
05 Sep 20241460

SWOT Analysis Of ERIS Lifesciences Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for ERIS Lifesciences Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of ERIS Lifesciences Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
ERIS Lifesciences Ltd719,001
Sun Pharmaceuticals Industries Ltd984,39,714
Divis Laboratories Ltd5071,45,166
Cipla Ltd3461,33,402
Torrent Pharmaceuticals Ltd2011,13,724
Dr Reddys Laboratories Ltd14581,09,604

Key Valuation Metric of ERIS Lifesciences Ltd

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of ERIS Lifesciences Ltd

No data available

* All values are in crore

Historical Revenue of ERIS Lifesciences Ltd

No data available

* All values are in crore

Historical EBITDA of ERIS Lifesciences Ltd

No data available

* All values are in crore

Historical Net Profit of ERIS Lifesciences Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

ERIS Lifesciences Ltd News Hub

News

ERIS Lifesciences to convene AGM

ERIS Lifesciences announced that the 18th Annual General Meeting (AGM) of the company will...

Read more

05 Aug 202418:42

News

ERIS Lifesciences announces board meeting date

ERIS Lifesciences will hold a meeting of the Board of Directors of the Company on 2 August...

Read more

31 Jul 202412:40

News

Eris Lifesciences allots 22,492 equity shares under ESOP

Eris Lifesciences has allotted 22,492 equity shares under ESOP on 20 June 2024. The paid u...

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24 Jun 202412:26

News

Board of ERIS Lifesciences approves composite scheme of arrangement

The Board of ERIS Lifesciences at its meeting held on 21 May 2024 has approved composite s...

Read more

21 May 202418:42

News

Board of ERIS Lifesciences approves NCD issuance up to Rs 1250 cr

The Board of ERIS Lifesciences at its meeting held on 21 May 2024 has approved issuance of...

Read more

21 May 202418:40

News

ERIS Lifesciences to table results

ERIS Lifesciences will hold a meeting of the Board of Directors of the Company on 21 May 2...

Read more

15 May 202415:28

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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 7.35. 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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