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CONCORD BIOTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of CONCORD BIOTECH is 52.88.

Share Price ₹1,659.5Apr 01,2025
Market Cap ₹17,357.8 Cr
Earnings-TTM₹328.2 CrTTM-Consolidated Results
Price/Earnings52.88xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CONCORD BIOTECH

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of CONCORD BIOTECH is calculated as :

Current Market Cap [ ₹17,357.8 Cr] as on Apr 01,2025

(/) Earnings [ ₹328.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 52.88x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for CONCORD BIOTECH , the investors are currently willing to pay 52.88 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 CONCORD BIOTECH !

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 CONCORD BIOTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of CONCORD BIOTECH


PE Ratio Performance Analysis for CONCORD BIOTECH

- CONCORD BIOTECH 's latest p/e ratio is 52.88x.

- CONCORD BIOTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.34x.

- CONCORD BIOTECH 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CONCORD BIOTECH 's p/e ratio peaked in Mar2024 at 51.68x.

- CONCORD BIOTECH 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does CONCORD BIOTECH 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CONCORD BIOTECH 328.2452.8817,357.8
SUN PHARMACEUTICAL INDUSTRIES LTD11,486.0035.45407,155.0
DIVIS LABORATORIES LTD2,067.0071.26147,295.0
CIPLA LTD5,000.4323.33116,664.0
TORRENT PHARMACEUTICALS LTD1,862.0057.83107,678.0
DR REDDYS LABORATORIES LTD5,428.6017.7196,162.6
MANKIND PHARMA LTD2,050.7349.43101,358.0
ZYDUS LIFESCIENCES LTD4,591.8019.2388,297.0
LUPIN LTD2,892.1030.8889,322.4
AUROBINDO PHARMA LTD3,500.2518.8365,912.3
ABBOTT INDIA LTD1,334.4648.2664,397.8

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs CONCORD BIOTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.71x
Max industry PE 71.26x
Median industry PE 35.45x
Average industry PE 38.64x



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