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SHREE GANESH REMEDIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHREE GANESH REMEDIES is 30.88.

Share Price ₹686.7Dec 20,2024
Market Cap ₹879.0 Cr
Earnings-TTM₹28.5 CrTTM-Standalone Results
Price/Earnings30.88xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHREE GANESH REMEDIES

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 SHREE GANESH REMEDIES is calculated as :

Current Market Cap [ ₹879.0 Cr] as on Dec 20,2024

(/) Earnings [ ₹28.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 30.88x ]

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

Thus, for SHREE GANESH REMEDIES , the investors are currently willing to pay 30.88 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 SHREE GANESH 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 SHREE GANESH REMEDIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SHREE GANESH REMEDIES


PE Ratio Performance Analysis for SHREE GANESH REMEDIES

- SHREE GANESH REMEDIES 's latest p/e ratio is 30.88x.

- SHREE GANESH REMEDIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.17x.

- SHREE GANESH REMEDIES 's operated at median p/e ratio of 26.39x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREE GANESH REMEDIES 's p/e ratio peaked in Mar2024 at 30.48x.

- SHREE GANESH REMEDIES 's p/e ratio hit its five-year low in Mar2020 of 5.01x.


How does SHREE GANESH REMEDIES 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHREE GANESH REMEDIES 28.4630.88879.0
SUN PHARMACEUTICAL INDUSTRIES LTD11,136.5038.96433,920.0
CIPLA LTD4,485.2226.51118,917.0
DR REDDYS LABORATORIES LTD5,406.8020.72112,017.0
ZYDUS LIFESCIENCES LTD4,298.9022.8097,997.1
DIVIS LABORATORIES LTD1,836.0084.51155,160.0
MANKIND PHARMA LTD2,124.8654.43115,661.0
TORRENT PHARMACEUTICALS LTD1,802.0064.50116,231.0
LUPIN LTD2,651.9436.9597,978.6
AUROBINDO PHARMA LTD3,598.8320.0272,060.1
ABBOTT INDIA LTD1,284.6647.3760,853.1

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs SHREE GANESH REMEDIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.02x
Max industry PE 84.51x
Median industry PE 36.95x
Average industry PE 40.70x



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