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SOLARA ACTIVE PHARMA SCIENCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SOLARA ACTIVE PHARMA SCIENCES is -6.95.

Share Price ₹774.6Oct 31,2024
Market Cap ₹3,725.6 Cr
Earnings-TTM₹-536.2 CrTTM-Consolidated Results
Price/Earnings-6.95xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SOLARA ACTIVE PHARMA SCIENCES

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 SOLARA ACTIVE PHARMA SCIENCES is calculated as :

Current Market Cap [ ₹3,725.6 Cr] as on Oct 31,2024

(/) Earnings [ ₹-536.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -6.95x ]

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

Thus, for SOLARA ACTIVE PHARMA SCIENCES , the investors are currently willing to pay -6.95 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 SOLARA ACTIVE PHARMA SCIENCES !

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 SOLARA ACTIVE PHARMA SCIENCES over the last five years.

Historical PE (Price/Earnings) ratio chart of SOLARA ACTIVE PHARMA SCIENCES


PE Ratio Performance Analysis for SOLARA ACTIVE PHARMA SCIENCES

- SOLARA ACTIVE PHARMA SCIENCES 's latest p/e ratio is -6.95x.

- SOLARA ACTIVE PHARMA SCIENCES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.60x.

- SOLARA ACTIVE PHARMA SCIENCES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOLARA ACTIVE PHARMA SCIENCES 's p/e ratio peaked in Mar2021 at 22.63x.

- SOLARA ACTIVE PHARMA SCIENCES 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does SOLARA ACTIVE PHARMA SCIENCES 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SOLARA ACTIVE PHARMA SCIENCES -536.24-6.953,725.6
SUN PHARMACEUTICAL INDUSTRIES LTD11,136.5039.84443,649.0
CIPLA LTD4,485.2227.97125,436.0
DR REDDYS LABORATORIES LTD5,549.0019.16106,321.0
ZYDUS LIFESCIENCES LTD4,181.9024.11100,810.0
DIVIS LABORATORIES LTD1,674.0093.47156,465.0
MANKIND PHARMA LTD1,976.2554.06106,836.0
TORRENT PHARMACEUTICALS LTD1,802.0060.14108,375.0
LUPIN LTD2,287.7843.5999,735.6
AUROBINDO PHARMA LTD3,533.2222.9581,079.9
ABBOTT INDIA LTD1,238.9949.6961,571.6

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs SOLARA ACTIVE PHARMA SCIENCES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -6.95x
Max industry PE 93.47x
Median industry PE 39.84x
Average industry PE 38.91x



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