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Medico Remedies Ltd PB Ratio

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Medico Remedies Ltd

NSE: MEDICO

PB

6.7

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Medico Remedies Ltd is 6.7.
  • The PB ratio of the Medico Remedies Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Medico Remedies Ltd changed from 1.3 on March 2019 to 7.8 on March 2024 . This represents a CAGR of 34.80% over 6 years.

Historical P/B Ratio of Medico Remedies Ltd

No data available

Company Fundamentals for Medico Remedies Ltd

Market Cap

370 Cr

EPS

0.9

P/E Ratio (TTM)

48.0

P/B Ratio (TTM)

6.7

Day’s High

46.92

Day’s Low

43.01

DTE

0.2

ROE

13.8

52 Week High

92.87

52 Week Low

35.0

ROCE

17.1

Market Price of Medico Remedies Ltd

1M

1Y

3Y

5Y

Monitoring Medico Remedies 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 202444.69
19 Nov 202445.59
18 Nov 202450.65
14 Nov 202456.27
13 Nov 202456.61

SWOT Analysis Of Medico Remedies Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Medico Remedies Ltd

Asset Value vs Market Value of Medico Remedies Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Medico Remedies Ltd6.68
Sun Pharmaceuticals Industries Ltd98.3
Divis Laboratories Ltd515.7
Cipla Ltd365.8
Torrent Pharmaceuticals Ltd227.2

Historical Market Cap of Medico Remedies Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Medico Remedies Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Medico Remedies Ltd

What is the PB ratio of Medico Remedies Ltd?

The current PB ratio of Medico Remedies Ltd is 6.68. 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 Medico Remedies Ltd stocks?

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

The PB ratio of Medico Remedies 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 Medico Remedies Ltd?

A high PB ratio suggests that Medico Remedies 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 Medico Remedies Ltd?

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

Can Medico Remedies Ltd PB Ratio change over time?

Yes, the PB ratio of Medico Remedies 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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