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ADVANCED ENZYME TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ADVANCED ENZYME TECHNOLOGIES is 31.02.

Share Price ₹386.3Apr 24,2024
Market Cap ₹4,318.3 Cr
Earnings-TTM₹139.2 CrTTM-Consolidated Results
Price/Earnings31.02xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ADVANCED ENZYME TECHNOLOGIES

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 ADVANCED ENZYME TECHNOLOGIES is calculated as :

Current Market Cap [ ₹4,318.3 Cr] as on Apr 24,2024

(/) Earnings [ ₹139.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.02x ]

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

Thus, for ADVANCED ENZYME TECHNOLOGIES , the investors are currently willing to pay 31.02 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 ADVANCED ENZYME TECHNOLOGIES !

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 ADVANCED ENZYME TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of ADVANCED ENZYME TECHNOLOGIES


PE Ratio Performance Analysis for ADVANCED ENZYME TECHNOLOGIES

- ADVANCED ENZYME TECHNOLOGIES 's latest p/e ratio is 31.02x.

- ADVANCED ENZYME TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.61x.

- ADVANCED ENZYME TECHNOLOGIES 's operated at median p/e ratio of 24.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADVANCED ENZYME TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 26.4x.

- ADVANCED ENZYME TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 12.36x.


How does ADVANCED ENZYME TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ADVANCED ENZYME TECHNOLOGIES 139.1931.024,318.3
SUN PHARMACEUTICAL INDUSTRIES LTD8,998.6339.63356,625.0
CIPLA LTD3,744.0330.16112,938.0
DR REDDYS LABORATORIES LTD5,209.4019.0699,276.9
ZYDUS LIFESCIENCES LTD2,954.2031.7993,921.9
DIVIS LABORATORIES LTD1,382.9773.26101,315.0
MANKIND PHARMA LTD1,743.3055.1596,143.2
TORRENT PHARMACEUTICALS LTD1,494.0060.8390,872.6
LUPIN LTD1,809.7439.7972,010.8
AUROBINDO PHARMA LTD2,777.8922.8663,492.3
ABBOTT INDIA LTD1,145.5847.2354,105.4

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs ADVANCED ENZYME TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.06x
Max industry PE 73.26x
Median industry PE 39.63x
Average industry PE 40.98x



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