Home > PE Ratio > CORAL LABORATORIES

CORAL LABORATORIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of CORAL LABORATORIES is 12.11.

Share Price ₹777.7Dec 26,2024
Market Cap ₹280.0 Cr
Earnings-TTM₹23.1 CrTTM-Standalone Results
Price/Earnings12.11xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for CORAL LABORATORIES
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of CORAL LABORATORIES

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 CORAL LABORATORIES is calculated as :

Current Market Cap [ ₹280.0 Cr] as on Dec 26,2024

(/) Earnings [ ₹23.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 12.11x ]

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

Thus, for CORAL LABORATORIES , the investors are currently willing to pay 12.11 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 CORAL LABORATORIES !

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 CORAL LABORATORIES over the last five years.

Historical PE (Price/Earnings) ratio chart of CORAL LABORATORIES


PE Ratio Performance Analysis for CORAL LABORATORIES

- CORAL LABORATORIES 's latest p/e ratio is 12.11x.

- CORAL LABORATORIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.91x.

- CORAL LABORATORIES 's operated at median p/e ratio of 8.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CORAL LABORATORIES 's p/e ratio peaked in Mar2023 at 12.69x.

- CORAL LABORATORIES 's p/e ratio hit its five-year low in Mar2020 of 4.91x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CORAL LABORATORIES 23.1312.11280.0
SUN PHARMACEUTICAL INDUSTRIES LTD11,136.5039.67441,838.0
CIPLA LTD4,485.2226.81120,270.0
DR REDDYS LABORATORIES LTD5,406.8020.91113,077.0
ZYDUS LIFESCIENCES LTD4,298.9022.4696,553.2
DIVIS LABORATORIES LTD1,836.0085.03156,107.0
MANKIND PHARMA LTD2,124.8656.57120,212.0
TORRENT PHARMACEUTICALS LTD1,802.0064.17115,643.0
LUPIN LTD2,651.9437.5399,532.1
AUROBINDO PHARMA LTD3,598.8320.2772,945.8
ABBOTT INDIA LTD1,284.6647.3660,844.2

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

Top 10 Industry PeersPE Ratio
Min industry PE 12.11x
Max industry PE 85.03x
Median industry PE 37.53x
Average industry PE 39.36x



You may also like the below Video Courses