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NECTAR LIFESCIENCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NECTAR LIFESCIENCES is 72.97.

Share Price ₹34.9Nov 19,2024
Market Cap ₹782.6 Cr
Earnings-TTM₹10.7 CrTTM-Consolidated Results
Price/Earnings72.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NECTAR LIFESCIENCES

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 NECTAR LIFESCIENCES is calculated as :

Current Market Cap [ ₹782.6 Cr] as on Nov 19,2024

(/) Earnings [ ₹10.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 72.97x ]

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

Thus, for NECTAR LIFESCIENCES , the investors are currently willing to pay 72.97 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 NECTAR LIFESCIENCES !

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 NECTAR LIFESCIENCES over the last five years.

Historical PE (Price/Earnings) ratio chart of NECTAR LIFESCIENCES


PE Ratio Performance Analysis for NECTAR LIFESCIENCES

- NECTAR LIFESCIENCES 's latest p/e ratio is 72.97x.

- NECTAR LIFESCIENCES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 32.72x.

- NECTAR LIFESCIENCES 's operated at median p/e ratio of 6.86x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NECTAR LIFESCIENCES 's p/e ratio peaked in Mar2024 at 135.2x.

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


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NECTAR LIFESCIENCES 10.7372.97782.6
SUN PHARMACEUTICAL INDUSTRIES LTD11,136.5038.25425,930.0
CIPLA LTD4,485.2226.49118,828.0
DR REDDYS LABORATORIES LTD5,406.8018.73101,290.0
ZYDUS LIFESCIENCES LTD4,298.9022.1695,280.3
DIVIS LABORATORIES LTD1,836.0085.25156,524.0
MANKIND PHARMA LTD2,124.8648.42102,890.0
TORRENT PHARMACEUTICALS LTD1,802.0058.13104,742.0
LUPIN LTD2,651.9435.0492,929.7
AUROBINDO PHARMA LTD3,598.8320.1472,478.2
ABBOTT INDIA LTD1,284.6644.9857,784.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 18.73x
Max industry PE 85.25x
Median industry PE 38.25x
Average industry PE 42.78x



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