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GRANULES INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of GRANULES INDIA is 29.22.

Share Price ₹593.3Oct 17,2024
Market Cap ₹14,380.4 Cr
Earnings-TTM₹492.1 CrTTM-Consolidated Results
Price/Earnings29.22xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GRANULES INDIA

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 GRANULES INDIA is calculated as :

Current Market Cap [ ₹14,380.4 Cr] as on Oct 17,2024

(/) Earnings [ ₹492.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.22x ]

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

Thus, for GRANULES INDIA , the investors are currently willing to pay 29.22 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 GRANULES INDIA !

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 GRANULES INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of GRANULES INDIA


PE Ratio Performance Analysis for GRANULES INDIA

- GRANULES INDIA 's latest p/e ratio is 29.22x.

- GRANULES INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.46x.

- GRANULES INDIA 's operated at median p/e ratio of 13.67x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GRANULES INDIA 's p/e ratio peaked in Mar2024 at 25.71x.

- GRANULES INDIA 's p/e ratio hit its five-year low in Mar2020 of 10.89x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GRANULES INDIA 492.0629.2214,380.4
SUN PHARMACEUTICAL INDUSTRIES LTD10,506.7043.16453,486.0
CIPLA LTD4,335.0229.03125,852.0
DR REDDYS LABORATORIES LTD5,549.0020.15111,799.0
ZYDUS LIFESCIENCES LTD4,181.9024.56102,726.0
DIVIS LABORATORIES LTD1,674.0096.37161,321.0
MANKIND PHARMA LTD1,976.2554.38107,467.0
TORRENT PHARMACEUTICALS LTD1,735.0066.25114,943.0
LUPIN LTD2,287.7843.4199,304.7
AUROBINDO PHARMA LTD3,533.2224.1385,273.3
ABBOTT INDIA LTD1,238.9948.7460,382.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.15x
Max industry PE 96.37x
Median industry PE 43.16x
Average industry PE 43.58x



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