PARNAX LAB
|
The Current P/E Ratio of PARNAX LAB is 14.83.
| Share Price | ₹161.8 | May 15,2026 |
| Market Cap | ₹186.0 Cr | |
| Earnings-TTM | ₹12.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 14.83x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PARNAX LAB
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹186.0 Cr] as on May 15,2026
(/) Earnings [ ₹12.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 14.83x ]
Thus, for PARNAX LAB , the investors are currently willing to pay 14.83 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 PARNAX 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 PARNAX LAB over the last five years.
Historical PE (Price/Earnings) ratio chart of PARNAX LAB
PE Ratio Performance Analysis for PARNAX LAB
- PARNAX LAB 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 9.75x.
- PARNAX LAB 's operated at median p/e ratio of 10.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PARNAX LAB 's p/e ratio peaked in Mar2022 at 15.68x.
- PARNAX LAB 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does PARNAX LAB '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 |
|---|---|---|---|
| PARNAX LAB | 12.54 | 14.83 | 186.0 |
| SUN PHARMACEUTICAL INDUSTRIES LTD | 11,001.40 | 41.00 | 451,075.0 |
| DIVIS LABORATORIES LTD | 2,479.00 | 72.40 | 179,486.0 |
| CIPLA LTD | 3,869.79 | 29.88 | 115,641.0 |
| TORRENT PHARMACEUTICALS LTD | 2,272.00 | 65.64 | 149,124.0 |
| DR REDDYS LABORATORIES LTD | 4,144.20 | 26.93 | 111,589.0 |
| MANKIND PHARMA LTD | 1,796.65 | 57.53 | 103,368.0 |
| ZYDUS LIFESCIENCES LTD | 4,933.90 | 20.62 | 101,755.0 |
| LUPIN LTD | 5,355.47 | 19.41 | 103,966.0 |
| AUROBINDO PHARMA LTD | 3,513.20 | 24.98 | 87,776.5 |
| ABBOTT INDIA LTD | 1,552.02 | 38.25 | 59,359.1 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs PARNAX LAB 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 14.83x |
| Max industry PE | 72.40x |
| Median industry PE | 29.88x |
| Average industry PE | 37.41x |
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