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Welcure Drugs & Pharmaceuticals (BOM:524661) Price-to-Tangible-Book : 5.03 (As of Jun. 21, 2024)


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What is Welcure Drugs & Pharmaceuticals Price-to-Tangible-Book?

As of today (2024-06-21), Welcure Drugs & Pharmaceuticals's share price is ₹4.99. Welcure Drugs & Pharmaceuticals's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹0.99. Hence, Welcure Drugs & Pharmaceuticals's Price to Tangible Book Ratio of today is 5.03.

The historical rank and industry rank for Welcure Drugs & Pharmaceuticals's Price-to-Tangible-Book or its related term are showing as below:

BOM:524661' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.59   Med: 36.86   Max: 200
Current: 5.04

During the past 13 years, Welcure Drugs & Pharmaceuticals's highest Price to Tangible Book Ratio was 200.00. The lowest was 3.59. And the median was 36.86.

BOM:524661's Price-to-Tangible-Book is ranked worse than
78.72% of 860 companies
in the Drug Manufacturers industry
Industry Median: 2.28 vs BOM:524661: 5.04

A closely related ratio is called PB Ratio. As of today, Welcure Drugs & Pharmaceuticals's share price is ₹4.99. Welcure Drugs & Pharmaceuticals's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹0.99. Hence, Welcure Drugs & Pharmaceuticals's P/B Ratio of today is 5.03.


Welcure Drugs & Pharmaceuticals Price-to-Tangible-Book Historical Data

The historical data trend for Welcure Drugs & Pharmaceuticals's Price-to-Tangible-Book 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.

Welcure Drugs & Pharmaceuticals Price-to-Tangible-Book Chart

Welcure Drugs & Pharmaceuticals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.36 36.86 141.59 3.59 3.79

Welcure Drugs & Pharmaceuticals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 3.59 - 3.72 - 3.79

Competitive Comparison of Welcure Drugs & Pharmaceuticals's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Welcure Drugs & Pharmaceuticals's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Welcure Drugs & Pharmaceuticals's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Welcure Drugs & Pharmaceuticals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Welcure Drugs & Pharmaceuticals's Price-to-Tangible-Book falls into.



Welcure Drugs & Pharmaceuticals Price-to-Tangible-Book Calculation

Welcure Drugs & Pharmaceuticals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=4.99/0.992
=5.03

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


Be Aware

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


Welcure Drugs & Pharmaceuticals Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Welcure Drugs & Pharmaceuticals's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Welcure Drugs & Pharmaceuticals (BOM:524661) Business Description

Traded in Other Exchanges
N/A
Address
33/36 Basement (Back side), West Patel Nagar Near Ram Jass Ground, Delhi West, Delhi, IND, 110008
Welcure Drugs & Pharmaceuticals Ltd is a pharmaceutical company. The company is principally engaged in manufacturing of pharmaceuticals products.

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