Titan Biotech (BOM:524717) PB Ratio : 3.48 (As of May. 15, 2024)

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What is Titan Biotech 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 (2024-05-15), Titan Biotech's share price is ₹488.50. Titan Biotech's Book Value per Share for the quarter that ended in Dec. 2023 was ₹140.46. Hence, Titan Biotech's PB Ratio of today is 3.48.

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

BOM:524717' s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.77 Max: 4.46
Current: 3.5

During the past 13 years, Titan Biotech's highest PB Ratio was 4.46. The lowest was 0.58. And the median was 1.77.

BOM:524717's PB Ratio is ranked worse than
64.09% of 1320 companies
in the Biotechnology industry
Industry Median: 2.52 vs BOM:524717: 3.50

During the past 12 months, Titan Biotech's average Book Value Per Share Growth Rate was 14.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 41.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 37.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 20.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Titan Biotech was 45.30% per year. The lowest was 6.00% per year. And the median was 10.75% per year.

Back to Basics: PB Ratio

Titan Biotech PB Ratio Historical Data

The historical data trend for Titan Biotech'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.

Titan Biotech PB Ratio Chart

Titan Biotech Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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1.16

0.90

2.23

2.19

1.48

Titan Biotech 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															-	1.48	-	2.50	-

Competitive Comparison of Titan Biotech's PB Ratio

For the Biotechnology subindustry, Titan Biotech'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.

Titan Biotech's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Titan Biotech's PB Ratio distribution charts can be found below:

* The bar in red indicates where Titan Biotech's PB Ratio falls into.

Titan Biotech 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.

Titan Biotech's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	488.50	/	140.462
	=	3.48

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Titan Biotech (BOM:524717) 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.

Titan Biotech PB Ratio Related Terms

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

Titan Biotech (BOM:524717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Titan Biotech Ltd (BOM:524717) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

903-909, 9th Floor, Bigjos Tower, Netaji Subhash Place, Delhi, IND, 110034

Website

https://www.titanbiotechltd.com

Titan Biotech Ltd is a manufacturer and exporter of biological products. It manufactures biological products such as peptone, malt extract, yeast extract, liver extract, bile extract, culture media, laboratory chemicals, plant growth promoters and others. The biological products have applications in the field of pharmaceutical, nutraceutical, food and beverages, biotechnology and fermentation, cosmetic, veterinary and animal feed, agriculture industries, and others. The Company's business activity falls within a single primary business segment which is business of Biological Products. The firm sells its products in India and also exports internationally, of which the majority of the revenue is derived from the sales made in India.

Titan Biotech (BOM:524717) Headlines

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