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REMEDIUM LIFECARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of REMEDIUM LIFECARE is 11.94.

Share Price ₹5.5Dec 11,2024
Market Cap ₹220.6 Cr
Earnings-TTM₹18.5 CrTTM-Standalone Results
Price/Earnings11.94xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of REMEDIUM LIFECARE

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 REMEDIUM LIFECARE is calculated as :

Current Market Cap [ ₹220.6 Cr] as on Dec 11,2024

(/) Earnings [ ₹18.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 11.94x ]

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

Thus, for REMEDIUM LIFECARE , the investors are currently willing to pay 11.94 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 REMEDIUM LIFECARE !

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 REMEDIUM LIFECARE over the last five years.

Historical PE (Price/Earnings) ratio chart of REMEDIUM LIFECARE


PE Ratio Performance Analysis for REMEDIUM LIFECARE

- REMEDIUM LIFECARE 's latest p/e ratio is 11.94x.

- REMEDIUM LIFECARE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 28.68x.

- REMEDIUM LIFECARE 's operated at median p/e ratio of 32.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, REMEDIUM LIFECARE 's p/e ratio peaked in Mar2022 at 46.26x.

- REMEDIUM LIFECARE 's p/e ratio hit its five-year low in Mar2023 of 1.75x.


How does REMEDIUM LIFECARE 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
REMEDIUM LIFECARE 18.4711.94220.6
ADANI ENTERPRISES LTD5,730.2849.45283,351.0
REDINGTON LTD1,171.6914.2616,710.4
HONASA CONSUMER LTD78.06108.258,450.3
MMTC LTD124.4997.8012,175.5
MSTC LTD208.0226.245,458.8
LLOYDS ENTERPRISES LTD185.7933.466,215.6
VERITAS (INDIA) LTD204.8412.432,545.9
NOVARTIS INDIA LTD87.4028.602,499.3
OPTIEMUS INFRACOM LTD62.34111.106,925.7
MISHTANN FOODS LTD9.86107.601,060.4

Trading Industry Benchmark (Top 10) PE Analysis vs REMEDIUM LIFECARE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.94x
Max industry PE 111.10x
Median industry PE 33.46x
Average industry PE 54.65x



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