BLUE JET HEALTHCARE
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The Current P/E Ratio of BLUE JET HEALTHCARE is 56.83.
Share Price | ₹550.0 | Nov 19,2024 |
Market Cap | ₹9,541.6 Cr | |
Earnings-TTM | ₹167.9 Cr | TTM-Standalone Results |
Price/Earnings | 56.83x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BLUE JET HEALTHCARE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,541.6 Cr] as on Nov 19,2024
(/) Earnings [ ₹167.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 56.83x ]
Thus, for BLUE JET HEALTHCARE , the investors are currently willing to pay 56.83 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of BLUE JET HEALTHCARE !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of BLUE JET HEALTHCARE over the last five years.
Historical PE (Price/Earnings) ratio chart of BLUE JET HEALTHCARE
PE Ratio Performance Analysis for BLUE JET HEALTHCARE
- BLUE JET HEALTHCARE 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 10.13x.
- BLUE JET HEALTHCARE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, BLUE JET HEALTHCARE 's p/e ratio peaked in Mar2024 at 40.51x.
- BLUE JET HEALTHCARE 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does BLUE JET HEALTHCARE 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BLUE JET HEALTHCARE | 167.89 | 56.83 | 9,541.6 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 11,136.50 | 38.25 | 425,930.0 |
CIPLA LTD | 4,485.22 | 26.49 | 118,828.0 |
DR REDDYS LABORATORIES LTD | 5,406.80 | 18.73 | 101,290.0 |
ZYDUS LIFESCIENCES LTD | 4,298.90 | 22.16 | 95,280.3 |
DIVIS LABORATORIES LTD | 1,836.00 | 85.25 | 156,524.0 |
MANKIND PHARMA LTD | 2,124.86 | 48.42 | 102,890.0 |
TORRENT PHARMACEUTICALS LTD | 1,802.00 | 58.13 | 104,742.0 |
LUPIN LTD | 2,651.94 | 35.04 | 92,929.7 |
AUROBINDO PHARMA LTD | 3,598.83 | 20.14 | 72,478.2 |
ABBOTT INDIA LTD | 1,284.66 | 44.98 | 57,784.9 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs BLUE JET HEALTHCARE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.73x |
Max industry PE | 85.25x |
Median industry PE | 38.25x |
Average industry PE | 41.31x |
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