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BLUE JET HEALTHCARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of BLUE JET HEALTHCARE is 38.93.

Share Price ₹362.3May 17,2024
Market Cap ₹6,285.9 Cr
Earnings-TTM₹161.5 CrTTM-Standalone Results
Price/Earnings38.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BLUE JET 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 BLUE JET HEALTHCARE is calculated as :

Current Market Cap [ ₹6,285.9 Cr] as on May 17,2024

(/) Earnings [ ₹161.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 38.93x ]

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

Thus, for BLUE JET HEALTHCARE , the investors are currently willing to pay 38.93 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 BLUE JET 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 BLUE JET HEALTHCARE over the last five years.

Historical PE (Price/Earnings) ratio chart of BLUE JET HEALTHCARE


PE Ratio Performance Analysis for BLUE JET HEALTHCARE

- BLUE JET HEALTHCARE 's latest p/e ratio is 38.93x.

- BLUE JET HEALTHCARE 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 0.00x.

- BLUE JET HEALTHCARE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, BLUE JET HEALTHCARE 's p/e ratio peaked in Mar2023 at 0x.

- BLUE JET HEALTHCARE 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does BLUE JET 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
BLUE JET HEALTHCARE 161.4638.936,285.9
SUN PHARMACEUTICAL INDUSTRIES LTD8,998.6340.84367,470.0
CIPLA LTD4,155.3127.19112,990.0
DR REDDYS LABORATORIES LTD5,563.2017.3996,742.1
ZYDUS LIFESCIENCES LTD3,831.4027.63105,846.0
DIVIS LABORATORIES LTD1,382.9775.09103,849.0
MANKIND PHARMA LTD1,926.5543.5483,873.0
TORRENT PHARMACEUTICALS LTD1,494.0061.1391,321.0
LUPIN LTD1,935.5738.9175,312.7
AUROBINDO PHARMA LTD2,777.8924.5568,194.5
ABBOTT INDIA LTD1,201.2246.8656,289.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 17.39x
Max industry PE 75.09x
Median industry PE 38.93x
Average industry PE 40.19x



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