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SUN PHARMACEUTICAL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUN PHARMACEUTICAL INDUSTRIES is 38.25.

Share Price ₹1,775.2Nov 19,2024
Market Cap ₹425,923.7 Cr
Earnings-TTM₹11,136.5 CrTTM-Consolidated Results
Price/Earnings38.25xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUN PHARMACEUTICAL INDUSTRIES

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 SUN PHARMACEUTICAL INDUSTRIES is calculated as :

Current Market Cap [ ₹425,923.7 Cr] as on Nov 19,2024

(/) Earnings [ ₹11,136.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.25x ]

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

Thus, for SUN PHARMACEUTICAL INDUSTRIES , the investors are currently willing to pay 38.25 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 SUN PHARMACEUTICAL INDUSTRIES !

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 SUN PHARMACEUTICAL INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SUN PHARMACEUTICAL INDUSTRIES


PE Ratio Performance Analysis for SUN PHARMACEUTICAL INDUSTRIES

- SUN PHARMACEUTICAL INDUSTRIES 's latest p/e ratio is 38.25x.

- SUN PHARMACEUTICAL INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 41.47x.

- SUN PHARMACEUTICAL INDUSTRIES 's operated at median p/e ratio of 40.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUN PHARMACEUTICAL INDUSTRIES 's p/e ratio peaked in Mar2022 at 67.07x.

- SUN PHARMACEUTICAL INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 22.44x.


How does SUN PHARMACEUTICAL INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUN PHARMACEUTICAL INDUSTRIES 11,136.5038.25425,923.7
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
ALKEM LABORATORIES LTD2,160.9630.5766,062.6

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs SUN PHARMACEUTICAL INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 18.73x
Max industry PE 85.25x
Median industry PE 35.04x
Average industry PE 38.92x



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