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Welcure Drugs & Pharmaceuticals Ltd PB Ratio

Welcure Drugs & Pharmaceuticals Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 4, 2024)

stocks purchased

49.0 K

Stocks Traded

(Nov 4, 2024)

Last Updated on: Nov 08, 2024

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Welcure Drugs & Pharmaceuticals Ltd

NSE: WELCUREDRUGS

PB

7.4

Last updated on: Nov 04, 2024

Key Highlights

  • The P/B Ratio of Welcure Drugs & Pharmaceuticals Ltd is 7.4 as of 04 Nov 24.
  • The P/B Ratio of Welcure Drugs & Pharmaceuticals Ltd changed from 122.1 on March 2022 to 3.8 on March 2024 . This represents a CAGR of -68.55% over 3 years. .

Historical P/B Ratio of Welcure Drugs & Pharmaceuticals Ltd

No data available

Company Fundamentals for Welcure Drugs & Pharmaceuticals Ltd

Market Cap

10 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

7.4

Day’s High *

7.69

Day’s Low

7.69

DTE *

0.0

ROE *

-13.1

52 Week High

7.69

52 Week Low

3.76

ROCE *

-13.1

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Welcure Drugs & Pharmaceuticals 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
04 Nov 20247.69
28 Oct 20247.69
21 Oct 20247.69
14 Oct 20247.69
07 Oct 20247.69
30 Sep 20247.69
23 Sep 20247.69
16 Sep 20247.69
09 Sep 20247.33
02 Sep 20247.33

SWOT Analysis Of Welcure Drugs & Pharmaceuticals Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Welcure Drugs & Pharmaceuticals Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Welcure Drugs & Pharmaceuticals Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Welcure Drugs & Pharmaceuticals Ltd

Share Price

₹8

PB Ratio

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 Welcure Drugs & Pharmaceuticals Ltd

No data available

* All values are in crore

Historical Revenue of Welcure Drugs & Pharmaceuticals Ltd

No data available

* All values are in crore

Historical EBITDA of Welcure Drugs & Pharmaceuticals Ltd

No data available

* All values are in crore

Historical Net Profit of Welcure Drugs & Pharmaceuticals Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Welcure Drugs & Pharmaceuticals Ltd News Hub

News

Welcure Drugs & Pharmaceuticals to hold board meeting

Welcure Drugs & Pharmaceuticals will hold a meeting of the Board of Directors of the Compa...

Read more

17 Oct 202417:08

News

Welcure Drugs & Pharmaceuticals to convene AGM

Welcure Drugs & Pharmaceuticals announced that the Annual General Meeting (AGM) of the com...

Read more

11 Sep 202410:36

News

Welcure Drugs & Pharmaceuticals to conduct AGM

Welcure Drugs & Pharmaceuticals announced that the Annual General Meeting (AGM) of the com...

Read more

11 Sep 202410:29

News

Welcure Drugs & Pharmaceuticals to hold board meeting

Welcure Drugs & Pharmaceuticals will hold a meeting of the Board of Directors of the Compa...

Read more

30 Aug 202411:18

News

Welcure Drugs & Pharmaceuticals to table results

Welcure Drugs & Pharmaceuticals will hold a meeting of the Board of Directors of the Compa...

Read more

09 Aug 202414:52

News

Welcure Drugs & Pharmaceuticals schedules board meeting

Welcure Drugs & Pharmaceuticals will hold a meeting of the Board of Directors of the Compa...

Read more

05 Jun 202417:35

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Welcure Drugs & Pharmaceuticals Ltd

What is the PB ratio of Welcure Drugs & Pharmaceuticals Ltd?

The current PB ratio of Welcure Drugs & Pharmaceuticals Ltd is 7.36. 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 Welcure Drugs & Pharmaceuticals Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Welcure Drugs & Pharmaceuticals 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 Welcure Drugs & Pharmaceuticals Ltd calculated?

The PB ratio of Welcure Drugs & Pharmaceuticals 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 Welcure Drugs & Pharmaceuticals Ltd?

A high PB ratio suggests that Welcure Drugs & Pharmaceuticals 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 Welcure Drugs & Pharmaceuticals Ltd?

A low PB ratio of Welcure Drugs & Pharmaceuticals Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Welcure Drugs & Pharmaceuticals Ltd PB Ratio change over time?

Yes, the PB ratio of Welcure Drugs & Pharmaceuticals 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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