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Bal Pharma (BOM:524824) Price-to-Tangible-Book : 3.50 (As of Jun. 21, 2024)


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What is Bal Pharma Price-to-Tangible-Book?

As of today (2024-06-21), Bal Pharma's share price is ₹119.85. Bal Pharma's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹34.22. Hence, Bal Pharma's Price to Tangible Book Ratio of today is 3.50.

The historical rank and industry rank for Bal Pharma's Price-to-Tangible-Book or its related term are showing as below:

BOM:524824' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.09   Med: 2.03   Max: 3.59
Current: 3.5

During the past 13 years, Bal Pharma's highest Price to Tangible Book Ratio was 3.59. The lowest was 1.09. And the median was 2.03.

BOM:524824's Price-to-Tangible-Book is ranked worse than
67.21% of 860 companies
in the Drug Manufacturers industry
Industry Median: 2.28 vs BOM:524824: 3.50

A closely related ratio is called PB Ratio. As of today, Bal Pharma's share price is ₹119.85. Bal Pharma's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹43.85. Hence, Bal Pharma's P/B Ratio of today is 2.73.


Bal Pharma Price-to-Tangible-Book Historical Data

The historical data trend for Bal Pharma'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.

Bal Pharma Price-to-Tangible-Book Chart

Bal Pharma 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 1.09 1.87 3.59 2.12 2.67

Bal Pharma 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 2.12 - 3.10 - 2.67

Competitive Comparison of Bal Pharma's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Bal Pharma'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.


Bal Pharma's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bal Pharma's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bal Pharma's Price-to-Tangible-Book falls into.



Bal Pharma Price-to-Tangible-Book Calculation

Bal Pharma's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=119.85/34.221
=3.50

* 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.


Bal Pharma Price-to-Tangible-Book Related Terms

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


Bal Pharma (BOM:524824) Business Description

Traded in Other Exchanges
Address
10/1, Palace Road, 5th Floor, Lakshmi Narayan Complex, Bengaluru, KA, IND, 560052
Bal Pharma Ltd is a pharmaceutical company. Principally, it is engaged in the manufacturing and marketing of pharmaceutical formulations and active pharmaceutical ingredients. The company specializes in prescription drugs, generic and over-the-counter products, intravenous infusion, and bulk actives. It offers products in dosage forms, such as tablets, capsules, syrups, suspensions, creams, and ointments to various markets. The company caters to both domestic and international markets, of which key revenue is derived from Outside India.

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