MEDICO REMEDIES
|
The Current P/E Ratio of MEDICO REMEDIES is 80.39.
Share Price | ₹74.4 | Jan 31,2025 |
Market Cap | ₹617.3 Cr | |
Earnings-TTM | ₹7.7 Cr | TTM-Standalone Results |
Price/Earnings | 80.39x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MEDICO REMEDIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹617.3 Cr] as on Jan 31,2025
(/) Earnings [ ₹7.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 80.39x ]
Thus, for MEDICO REMEDIES , the investors are currently willing to pay 80.39 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 MEDICO REMEDIES !
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 MEDICO REMEDIES over the last five years.
Historical PE (Price/Earnings) ratio chart of MEDICO REMEDIES
PE Ratio Performance Analysis for MEDICO REMEDIES
- MEDICO REMEDIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 28.49x.
- MEDICO REMEDIES 's operated at median p/e ratio of 5.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MEDICO REMEDIES 's p/e ratio peaked in Mar2023 at 85.61x.
- MEDICO REMEDIES 's p/e ratio hit its five-year low in Mar2021 of 0.8x.
How does MEDICO REMEDIES '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 |
---|---|---|---|
MEDICO REMEDIES | 7.68 | 80.39 | 617.3 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 11,486.00 | 36.41 | 418,228.0 |
CIPLA LTD | 5,000.43 | 23.89 | 119,474.0 |
DR REDDYS LABORATORIES LTD | 5,428.60 | 18.72 | 101,599.0 |
ZYDUS LIFESCIENCES LTD | 4,298.90 | 22.70 | 97,604.7 |
DIVIS LABORATORIES LTD | 1,836.00 | 80.62 | 148,023.0 |
MANKIND PHARMA LTD | 2,050.73 | 49.03 | 100,540.0 |
TORRENT PHARMACEUTICALS LTD | 1,862.00 | 59.24 | 110,306.0 |
LUPIN LTD | 2,651.94 | 35.82 | 94,984.6 |
AUROBINDO PHARMA LTD | 3,598.83 | 18.91 | 68,055.4 |
ABBOTT INDIA LTD | 1,284.66 | 43.25 | 55,558.7 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs MEDICO REMEDIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.72x |
Max industry PE | 80.62x |
Median industry PE | 36.41x |
Average industry PE | 42.63x |
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