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NECTAR LIFESCIENCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NECTAR LIFESCIENCES is 94.78.

Share Price ₹34.1Apr 25,2024
Market Cap ₹765.8 Cr
Earnings-TTM₹8.1 CrTTM-Consolidated Results
Price/Earnings94.78xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NECTAR LIFESCIENCES

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 NECTAR LIFESCIENCES is calculated as :

Current Market Cap [ ₹765.8 Cr] as on Apr 25,2024

(/) Earnings [ ₹8.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 94.78x ]

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

Thus, for NECTAR LIFESCIENCES , the investors are currently willing to pay 94.78 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 NECTAR LIFESCIENCES !

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 NECTAR LIFESCIENCES over the last five years.

Historical PE (Price/Earnings) ratio chart of NECTAR LIFESCIENCES


PE Ratio Performance Analysis for NECTAR LIFESCIENCES

- NECTAR LIFESCIENCES 's latest p/e ratio is 94.78x.

- NECTAR LIFESCIENCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.29x.

- NECTAR LIFESCIENCES 's operated at median p/e ratio of 6.86x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NECTAR LIFESCIENCES 's p/e ratio peaked in Mar2022 at 21.53x.

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


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

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NECTAR LIFESCIENCES 8.0894.78765.8
SUN PHARMACEUTICAL INDUSTRIES LTD8,998.6340.54364,831.0
CIPLA LTD3,744.0330.31113,471.0
DR REDDYS LABORATORIES LTD5,209.4019.91103,713.0
ZYDUS LIFESCIENCES LTD2,954.2032.3995,687.8
DIVIS LABORATORIES LTD1,382.9773.73101,960.0
MANKIND PHARMA LTD1,743.3055.1296,093.1
TORRENT PHARMACEUTICALS LTD1,494.0060.9991,124.7
LUPIN LTD1,809.7440.1672,687.6
AUROBINDO PHARMA LTD2,777.8923.2864,661.3
ABBOTT INDIA LTD1,145.5847.6054,533.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 19.91x
Max industry PE 94.78x
Median industry PE 40.54x
Average industry PE 47.16x



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