Home > PE Ratio > DENIS CHEM LAB

DENIS CHEM LAB
PE (Price/Earnings) Ratio

The Current P/E Ratio of DENIS CHEM LAB is 22.79.

Share Price ₹150.9Mar 28,2024
Market Cap ₹209.7 Cr
Earnings-TTM₹9.2 CrTTM-Standalone Results
Price/Earnings22.79xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for DENIS CHEM LAB
Please provide your vote to see the results
DENIS CHEM LAB is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of DENIS CHEM LAB

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 DENIS CHEM LAB is calculated as :

Current Market Cap [ ₹209.7 Cr] as on Mar 28,2024

(/) Earnings [ ₹9.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 22.79x ]

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

Thus, for DENIS CHEM LAB , the investors are currently willing to pay 22.79 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 DENIS CHEM LAB !

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 DENIS CHEM LAB over the last five years.

Historical PE (Price/Earnings) ratio chart of DENIS CHEM LAB


PE Ratio Performance Analysis for DENIS CHEM LAB

- DENIS CHEM LAB 's latest p/e ratio is 22.79x.

- DENIS CHEM LAB 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.18x.

- DENIS CHEM LAB 's operated at median p/e ratio of 15.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DENIS CHEM LAB 's p/e ratio peaked in Mar2021 at 22.89x.

- DENIS CHEM LAB 's p/e ratio hit its five-year low in Mar2020 of 9.76x.


How does DENIS CHEM LAB 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DENIS CHEM LAB 9.2022.79209.7
SUN PHARMACEUTICAL INDUSTRIES LTD8,998.6343.21388,812.0
CIPLA LTD3,744.0332.23120,673.0
DR REDDYS LABORATORIES LTD5,209.4019.71102,679.0
ZYDUS LIFESCIENCES LTD2,954.2034.24101,152.0
DIVIS LABORATORIES LTD1,382.9765.9791,234.9
MANKIND PHARMA LTD1,743.3052.7992,029.2
TORRENT PHARMACEUTICALS LTD1,494.0058.9388,034.7
LUPIN LTD1,809.7440.7473,722.0
AUROBINDO PHARMA LTD2,777.8922.9863,835.1
ABBOTT INDIA LTD1,145.5849.9857,258.4

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs DENIS CHEM LAB 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.71x
Max industry PE 65.97x
Median industry PE 40.74x
Average industry PE 40.32x



You may also like the below Video Courses