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THEMIS MEDICARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of THEMIS MEDICARE is 78.31.

Share Price ₹286.4Nov 19,2024
Market Cap ₹2,634.9 Cr
Earnings-TTM₹33.6 CrTTM-Consolidated Results
Price/Earnings78.31xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THEMIS MEDICARE

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 THEMIS MEDICARE is calculated as :

Current Market Cap [ ₹2,634.9 Cr] as on Nov 19,2024

(/) Earnings [ ₹33.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 78.31x ]

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

Thus, for THEMIS MEDICARE , the investors are currently willing to pay 78.31 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 THEMIS MEDICARE !

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 THEMIS MEDICARE over the last five years.

Historical PE (Price/Earnings) ratio chart of THEMIS MEDICARE


PE Ratio Performance Analysis for THEMIS MEDICARE

- THEMIS MEDICARE 's latest p/e ratio is 78.31x.

- THEMIS MEDICARE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.10x.

- THEMIS MEDICARE 's operated at median p/e ratio of 7.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THEMIS MEDICARE 's p/e ratio peaked in Mar2024 at 46.31x.

- THEMIS MEDICARE 's p/e ratio hit its five-year low in Mar2022 of 1.18x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
THEMIS MEDICARE 33.6578.312,634.9
SUN PHARMACEUTICAL INDUSTRIES LTD11,136.5038.25425,930.0
CIPLA LTD4,485.2226.39118,368.0
DR REDDYS LABORATORIES LTD5,406.8018.4399,671.4
ZYDUS LIFESCIENCES LTD4,298.9022.1695,280.3
DIVIS LABORATORIES LTD1,836.0086.40158,636.0
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 LTD3,598.8319.6970,869.4
ABBOTT INDIA LTD1,284.6644.9057,681.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 18.43x
Max industry PE 86.40x
Median industry PE 38.25x
Average industry PE 43.28x



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