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TTK Healthcare (BOM:507747) PB Ratio : 2.12 (As of May. 12, 2024)


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What is TTK Healthcare PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-12), TTK Healthcare's share price is ₹1460.70. TTK Healthcare's Book Value per Share for the quarter that ended in Dec. 2023 was ₹688.14. Hence, TTK Healthcare's PB Ratio of today is 2.12.

The historical rank and industry rank for TTK Healthcare's PB Ratio or its related term are showing as below:

BOM:507747' s PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 3.81   Max: 7.81
Current: 2.12

During the past 13 years, TTK Healthcare's highest PB Ratio was 7.81. The lowest was 1.35. And the median was 3.81.

BOM:507747's PB Ratio is ranked worse than
52.72% of 956 companies
in the Drug Manufacturers industry
Industry Median: 2.01 vs BOM:507747: 2.12

During the past 12 months, TTK Healthcare's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 56.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 25.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TTK Healthcare was 56.40% per year. The lowest was -4.60% per year. And the median was 10.90% per year.

Back to Basics: PB Ratio


TTK Healthcare PB Ratio Historical Data

The historical data trend for TTK Healthcare's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TTK Healthcare PB Ratio Chart

TTK Healthcare Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 1.86 2.37 3.55 1.53

TTK Healthcare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.53 - 1.70 -

Competitive Comparison of TTK Healthcare's PB Ratio

For the Drug Manufacturers - General subindustry, TTK Healthcare's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TTK Healthcare's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TTK Healthcare's PB Ratio distribution charts can be found below:

* The bar in red indicates where TTK Healthcare's PB Ratio falls into.



TTK Healthcare PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

TTK Healthcare's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1460.70/688.137
=2.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


TTK Healthcare  (BOM:507747) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


TTK Healthcare PB Ratio Related Terms

Thank you for viewing the detailed overview of TTK Healthcare's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TTK Healthcare (BOM:507747) Business Description

Traded in Other Exchanges
Address
No. 6, Cathedral Road, Chennai, TN, IND, 600 086
TTK Healthcare Ltd is an Indian pharmaceutical company. The company's operating segment includes Animal Welfare, Consumer Products, Medical Devices, Protective Devices, Foods Division, and Others. Its Animal Welfare segment includes products for both Human and Veterinary use. The Consumer Products comprises of marketing and distribution of Woodwards's Gripe Water, EVA Range of Cosmetics, Good Home range of Scrubbers, Air Fresheners and others. Protective Devices comprises of manufacturing and marketing of Male Contraceptives and other allied products. It generates maximum revenue from the Pharmaceuticals segment. Geographically, it derives a majority of revenue from India.

TTK Healthcare (BOM:507747) Headlines

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