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KERALA AYURVEDA
PE (Price/Earnings) Ratio

The Current P/E Ratio of KERALA AYURVEDA is -606.90.

Share Price ₹312.1Apr 26,2024
Market Cap ₹374.5 Cr
Earnings-TTM₹-0.6 CrTTM-Consolidated Results
Price/Earnings-606.90xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KERALA AYURVEDA

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 KERALA AYURVEDA is calculated as :

Current Market Cap [ ₹374.5 Cr] as on Apr 26,2024

(/) Earnings [ ₹-0.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -606.90x ]

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

Thus, for KERALA AYURVEDA , the investors are currently willing to pay -606.90 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 KERALA AYURVEDA !

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 KERALA AYURVEDA over the last five years.

Historical PE (Price/Earnings) ratio chart of KERALA AYURVEDA


PE Ratio Performance Analysis for KERALA AYURVEDA

- KERALA AYURVEDA 's latest p/e ratio is -606.90x.

- KERALA AYURVEDA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.74x.

- KERALA AYURVEDA 's operated at median p/e ratio of 9.91x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KERALA AYURVEDA 's p/e ratio peaked in Mar2022 at 34.93x.

- KERALA AYURVEDA 's p/e ratio hit its five-year low in Mar2023 of 0x.


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KERALA AYURVEDA -0.62-606.90374.5
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 KERALA AYURVEDA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -606.90x
Max industry PE 77.27x
Median industry PE 40.11x
Average industry PE -16.27x



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