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BAJAJ HEALTHCARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of BAJAJ HEALTHCARE is 42.44.

Share Price ₹327.0Apr 26,2024
Market Cap ₹902.5 Cr
Earnings-TTM₹21.3 CrTTM-Standalone Results
Price/Earnings42.44xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ HEALTHCARE

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 BAJAJ HEALTHCARE is calculated as :

Current Market Cap [ ₹902.5 Cr] as on Apr 26,2024

(/) Earnings [ ₹21.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 42.44x ]

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

Thus, for BAJAJ HEALTHCARE , the investors are currently willing to pay 42.44 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 BAJAJ HEALTHCARE !

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 BAJAJ HEALTHCARE over the last five years.

Historical PE (Price/Earnings) ratio chart of BAJAJ HEALTHCARE


PE Ratio Performance Analysis for BAJAJ HEALTHCARE

- BAJAJ HEALTHCARE 's latest p/e ratio is 42.44x.

- BAJAJ HEALTHCARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.35x.

- BAJAJ HEALTHCARE 's operated at median p/e ratio of 5.62x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BAJAJ HEALTHCARE 's p/e ratio peaked in Mar2023 at 19.55x.

- BAJAJ HEALTHCARE 's p/e ratio hit its five-year low in Mar2021 of 3.92x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BAJAJ HEALTHCARE 21.2742.44902.5
SUN PHARMACEUTICAL INDUSTRIES LTD8,998.6340.11360,920.0
CIPLA LTD3,744.0330.39113,794.0
DR REDDYS LABORATORIES LTD5,209.4020.02104,316.0
ZYDUS LIFESCIENCES LTD2,954.2032.2995,380.9
DIVIS LABORATORIES LTD1,382.9777.27106,860.0
MANKIND PHARMA LTD1,743.3054.4294,869.4
TORRENT PHARMACEUTICALS LTD1,494.0060.9591,057.0
LUPIN LTD1,809.7440.6973,642.4
AUROBINDO PHARMA LTD2,777.8923.8666,278.5
ABBOTT INDIA LTD1,145.5847.9854,961.0

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.02x
Max industry PE 77.27x
Median industry PE 40.69x
Average industry PE 42.77x



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