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MEDICO REMEDIES
PS (Price/Sales) Ratio

The Current P/S Ratio of MEDICO REMEDIES is 3.31.

Share Price ₹56.3Nov 14,2024
Market Cap ₹467.0 Cr
Sales-TTM₹141.2 CrTTM-Standalone Results
Price/Sales3.31xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of MEDICO REMEDIES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of MEDICO REMEDIES is calculated as :

Current Market Cap [ ₹467.0 Cr] as on Nov 14,2024

(/) Sales [ ₹141.2 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 3.31x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for MEDICO REMEDIES , the investors are currently willing to pay '3.31 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of MEDICO REMEDIES !

The chart below summarizes the trend in P/S Ratio of MEDICO REMEDIES over the last five years.

Historical PS (Price/Sales) ratio chart of MEDICO REMEDIES


PS Ratio Performance Analysis for MEDICO REMEDIES

- MEDICO REMEDIES 's latest p/e ratio is 3.31x.

- MEDICO REMEDIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.81x.

- MEDICO REMEDIES 's operated at median p/e ratio of 1.15x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MEDICO REMEDIES 's p/e ratio peaked in Mar2023 at 4.41x.

- MEDICO REMEDIES 's p/e ratio hit its five-year low in Mar2021 of 0.34x.


How does MEDICO REMEDIES 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Sales (Cr)PS RatioMarket Cap (Cr)
MEDICO REMEDIES 141.23.31467.0
SUN PHARMACEUTICAL INDUSTRIES LTD50,307.78.44424,346.0
CIPLA LTD26,512.04.57121,151.0
DR REDDYS LABORATORIES LTD30,084.93.40102,300.0
ZYDUS LIFESCIENCES LTD21,483.54.4996,402.2
DIVIS LABORATORIES LTD8,614.017.70152,494.0
MANKIND PHARMA LTD11,018.09.48104,413.0
TORRENT PHARMACEUTICALS LTD11,225.09.35104,998.0
LUPIN LTD21,431.34.2991,854.9
AUROBINDO PHARMA LTD30,295.02.3972,501.5
ABBOTT INDIA LTD6,066.19.5858,110.5

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs MEDICO REMEDIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.39x
Max industry PS 17.70x
Median industry PS 4.57x
Average industry PS 7.00x



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