HESTER BIOSCIENCES
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The Current P/E Ratio of HESTER BIOSCIENCES is 73.53.
Share Price | ₹1,389.3 | Mar 28,2024 |
Market Cap | ₹1,180.9 Cr | |
Earnings-TTM | ₹16.1 Cr | TTM-Consolidated Results |
Price/Earnings | 73.53x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HESTER BIOSCIENCES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,180.9 Cr] as on Mar 28,2024
(/) Earnings [ ₹16.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 73.53x ]
Thus, for HESTER BIOSCIENCES , the investors are currently willing to pay 73.53 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 HESTER BIOSCIENCES !
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 HESTER BIOSCIENCES over the last five years.
Historical PE (Price/Earnings) ratio chart of HESTER BIOSCIENCES
PE Ratio Performance Analysis for HESTER BIOSCIENCES
- HESTER BIOSCIENCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 42.66x.
- HESTER BIOSCIENCES 's operated at median p/e ratio of 47.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HESTER BIOSCIENCES 's p/e ratio peaked in Mar2022 at 58.75x.
- HESTER BIOSCIENCES 's p/e ratio hit its five-year low in Mar2020 of 26.98x.
How does HESTER BIOSCIENCES 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HESTER BIOSCIENCES | 16.06 | 73.53 | 1,180.9 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 8,998.63 | 43.21 | 388,812.0 |
CIPLA LTD | 3,744.03 | 32.23 | 120,673.0 |
DR REDDYS LABORATORIES LTD | 5,209.40 | 19.71 | 102,679.0 |
ZYDUS LIFESCIENCES LTD | 2,954.20 | 34.24 | 101,152.0 |
DIVIS LABORATORIES LTD | 1,382.97 | 65.97 | 91,234.9 |
MANKIND PHARMA LTD | 1,743.30 | 52.79 | 92,029.2 |
TORRENT PHARMACEUTICALS LTD | 1,494.00 | 58.93 | 88,034.7 |
LUPIN LTD | 1,809.74 | 40.74 | 73,722.0 |
AUROBINDO PHARMA LTD | 2,777.89 | 22.98 | 63,835.1 |
ABBOTT INDIA LTD | 1,145.58 | 49.98 | 57,258.4 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs HESTER BIOSCIENCES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.71x |
Max industry PE | 73.53x |
Median industry PE | 43.21x |
Average industry PE | 44.94x |
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