Dr. Lal Path Labs P/B Ratio

LALPATHLAB • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
10.38
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 10.38
Current Price ₹1473.80
Book Value/Share ₹262.74
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹2,207 Cr
Share Capital ₹84 Cr
Reserves & Surplus ₹2,089 Cr
Outstanding Shares 84,000,000
Book Value per Share ₹262.74

Valuation Signal

Signal Overvalued
Historical Avg 13.72
Historical Range 5.64 - 24.86
Percentile 20.0%

Sector Context

Sector Average -12.17
Sector Median 2.3
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Dr. Lal Path Labs

  • Stock appears overvalued with PB of 10.38, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Current PB is 24.4% below historical average
  • Trading at premium to sector average PB of -12.17

View the current stock price of Dr. Lal Path Labs for more insights.

P/B Ratio Historical Trend for Dr. Lal Path Labs

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 5.64 ₹262.74 ₹1482.60 ₹2,207 High
2024 13.37 ₹224.4 ₹3000.40 ₹1,885 High
2023 12.59 ₹204.82 ₹2577.70 ₹1,700 High
2022 12.15 ₹186.02 ₹2260.45 ₹1,544 High
2021 24.86 ₹153.73 ₹3822.25 ₹1,276 High

Sector P/B Ratio Comparison

Comparing Dr. Lal Path Labs with other companies in Healthcare Services sector
Sector Average
-12.17
Sector Median
2.3
Lowest P/B
-747.86
Highest P/B
8.18
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Medinova Diagnostic Serv… MEDINOV -747.86 ₹44 Low
Chennai Meenakshi Multis… CMMHOSP -13.36 ₹36 Low
Deccan Health Care DECCAN 0.34 ₹38 Low
Nidan Labs & Healthcare NIDAN 0.38 ₹26 Low
Looks Health Services LOOKS 0.4 ₹6 Low
Ashram Online.Com ASHRAM 0.5 ₹6 Low
Gian Life Care GIANLIFE 0.5 ₹10 Low
Dr Lalchandani Labs DLCL 0.76 ₹8 Low
BOSTON BIO SYSTEMS LTD. BOSTONBIO 0.81 ₹5 Low
Global Longlife Hospital… GLHRL 0.92 ₹26 Low