Zenith Healthcare (BOM:530665) PB Ratio: 2.24 (As of Aug. 16, 2026) — 20% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:530665 Zenith Healthcare Ltd BOM:530665
61 GF Score
Price ₹3.09
GF Value ₹3.62
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Zenith Healthcare PB Ratio?

Zenith Healthcare BOM:530665 +0.65% 61 PB Ratio is 2.24 as of Aug. 16, 2026, which is 20% below its 10-year median of 2.81. GuruFocus rates BOM:530665 with a GF Score™ of 61/100 and a GF Value™ of ₹3.62 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 923 Drug Manufacturers companies, Zenith Healthcare ranks worse than 56.12% on this metric.

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 (2026-08-16), Zenith Healthcare's share price is ₹3.09. Zenith Healthcare's Book Value per Share for the quarter that ended in Mar. 2026 was ₹1.38. Hence, Zenith Healthcare's PB Ratio of today is 2.24.

Good Sign:

Zenith Healthcare Ltd stock PB Ratio (=2.24) is close to 5-year low of 2.16.

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

BOM:530665' s PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 2.81   Max: 8.8
Current: 2.24

During the past 13 years, Zenith Healthcare's highest PB Ratio was 8.80. The lowest was 0.39. And the median was 2.81.

BOM:530665's PB Ratio is ranked worse than
56.12% of 923 companies
in the Drug Manufacturers industry
Industry Median: 1.97 vs BOM:530665: 2.24

During the past 12 months, Zenith Healthcare's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zenith Healthcare was 7.20% per year. The lowest was -4.30% per year. And the median was 1.50% per year.

Back to Basics: PB Ratio


Zenith Healthcare  (BOM:530665) 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.


Zenith Healthcare PB Ratio Related Terms


Zenith Healthcare PB Ratio Historical Data

* Premium members only.

The historical data trend for Zenith 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.

Zenith Healthcare PB Ratio Chart

Zenith Healthcare Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 2.96 3.01 3.03 1.75

Zenith Healthcare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.03 0.00 3.00 0.00 1.75

BOM:530665 vs ZTS: PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zenith 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.


Zenith Healthcare PB Ratio vs Drug Manufacturers Industry

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

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


BOM:530665
61GF Score
Zenith Healthcare Ltd BOM:530665
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenith 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.09/1.382
=2.24

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.24 mean?
Zenith Healthcare (BOM:530665) has a PB Ratio of 2.24 as of Aug. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zenith Healthcare and its competitors. This is 20% below median its historical median of 2.81. Over the past decade, Zenith Healthcare's PB Ratio has ranged from 0.39 to 8.80. According to the industry distribution chart, Zenith Healthcare ranks #518 out of 923 companies in the Drug Manufacturers industry, placing it in the top 56.1%.
Is Zenith Healthcare's PB Ratio too high?
Zenith Healthcare's current PB Ratio of 2.24 is 20% below median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 8.80. The Drug Manufacturers industry median PB Ratio is 1.97. Zenith Healthcare's value of 2.24 is 13.7% above this industry median. Based on the distribution chart, Zenith Healthcare ranks #518 out of 923 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Zenith Healthcare has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Healthcare's PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zenith Healthcare ranks #518 out of 923 companies for PB Ratio. This places Zenith Healthcare in the lower half of its industry. The industry median PB Ratio is 1.97. Zenith Healthcare's value of 2.24 is 13.7% above this benchmark. Historically, Zenith Healthcare's own PB Ratio has ranged from 0.39 to 8.80 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 1.97, Zenith Healthcare has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Drug Manufacturers company?
The median PB Ratio among Drug Manufacturers companies is 1.97, based on 923 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zenith Healthcare's current PB Ratio of 2.24 is 13.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zenith Healthcare and its competitors. For the Drug Manufacturers industry, the median PB Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Healthcare's current PB Ratio is 2.24, which is 20% below median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Zenith Healthcare (BOM:530665) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3.62, compared to a current price of ₹3.09 — trading 14.6% below its estimated fair value. The current PB Ratio is 2.24, which is 20% below median its 10-year median of 2.81 and 13.7% above the Drug Manufacturers industry median of 1.97. Zenith Healthcare's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Zenith Healthcare (BOM:530665), the current PB Ratio is 2.24 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zenith Healthcare (BOM:530665) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Healthcare stock appears to be undervalued. The current stock price of ₹3.09 is trading 14.6% below its estimated GF Value™ of ₹3.62. GuruFocus considers Zenith Healthcare to be Modestly Undervalued.

Key valuation signals for BOM:530665:

  • PB Ratio: 2.24 (20% below median its 10-year median of 2.81)
  • GF Value™: ₹3.62 vs. price of ₹3.09 (14.6% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 13.7% above the Drug Manufacturers median (#518 of 923)

No single metric tells the full story. See the BOM:530665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenith Healthcare Business Description

Address Prahladnagar Cross Road, S. G. Road, 504, Iscon Elegance, Near Ananddham Jain Derasar, Ahmedabad, GJ, IND, 380051
Zenith Healthcare Ltd is an India-based pharmaceutical company. It is engaged in the manufacturing and trading of pharmaceutical formulations. The company also undertakes contracts for manufacturing business. It manufactures pharmaceutical formulations in the form of Tablets, Capsules, Oral liquids, and injectables. The company sells its products in India and also exports internationally.
61GF Score

Get the complete analysis for BOM:530665

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3.09
Price
₹3.62
GF Value