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HESTER BIOSCIENCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HESTER BIOSCIENCES is 97.67.

Share Price ₹2,618.5Dec 03,2024
Market Cap ₹2,225.7 Cr
Earnings-TTM₹22.8 CrTTM-Consolidated Results
Price/Earnings97.67xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HESTER BIOSCIENCES

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 HESTER BIOSCIENCES is calculated as :

Current Market Cap [ ₹2,225.7 Cr] as on Dec 03,2024

(/) Earnings [ ₹22.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 97.67x ]

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

Thus, for HESTER BIOSCIENCES , the investors are currently willing to pay 97.67 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 HESTER BIOSCIENCES !

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 HESTER BIOSCIENCES over the last five years.

Historical PE (Price/Earnings) ratio chart of HESTER BIOSCIENCES


PE Ratio Performance Analysis for HESTER BIOSCIENCES

- HESTER BIOSCIENCES 's latest p/e ratio is 97.67x.

- HESTER BIOSCIENCES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 48.85x.

- HESTER BIOSCIENCES 's operated at median p/e ratio of 48.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HESTER BIOSCIENCES 's p/e ratio peaked in Mar2024 at 62.57x.

- HESTER BIOSCIENCES 's p/e ratio hit its five-year low in Mar2020 of 26.98x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HESTER BIOSCIENCES 22.7997.672,225.7
SUN PHARMACEUTICAL INDUSTRIES LTD11,136.5038.75431,544.0
CIPLA LTD4,485.2227.63123,920.0
DR REDDYS LABORATORIES LTD5,406.8018.91102,224.0
ZYDUS LIFESCIENCES LTD4,298.9022.9998,832.3
DIVIS LABORATORIES LTD1,836.0089.80164,865.0
MANKIND PHARMA LTD2,124.8648.25102,527.0
TORRENT PHARMACEUTICALS LTD1,802.0063.14113,772.0
LUPIN LTD2,651.9435.8194,953.0
AUROBINDO PHARMA LTD3,598.8320.4473,544.0
ABBOTT INDIA LTD1,284.6647.0560,440.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 18.91x
Max industry PE 97.67x
Median industry PE 38.75x
Average industry PE 46.40x



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