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POLY MEDICURE
PE (Price/Earnings) Ratio

The Current P/E Ratio of POLY MEDICURE is 61.08.

Share Price ₹1,564.1Apr 19,2024
Market Cap ₹15,014.9 Cr
Earnings-TTM₹245.8 CrTTM-Consolidated Results
Price/Earnings61.08xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of POLY MEDICURE

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 POLY MEDICURE is calculated as :

Current Market Cap [ ₹15,014.9 Cr] as on Apr 19,2024

(/) Earnings [ ₹245.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 61.08x ]

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

Thus, for POLY MEDICURE , the investors are currently willing to pay 61.08 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 POLY MEDICURE !

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 POLY MEDICURE over the last five years.

Historical PE (Price/Earnings) ratio chart of POLY MEDICURE


PE Ratio Performance Analysis for POLY MEDICURE

- POLY MEDICURE 's latest p/e ratio is 61.08x.

- POLY MEDICURE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 44.35x.

- POLY MEDICURE 's operated at median p/e ratio of 51.01x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POLY MEDICURE 's p/e ratio peaked in Mar2022 at 62.11x.

- POLY MEDICURE 's p/e ratio hit its five-year low in Mar2020 of 21.68x.


How does POLY MEDICURE 's P/E Ratio benchmark against top 10 peers in Medical Equipment/Supplies/Accessories Industry?

Peer Comparison (Medical Equipment/Supplies/Accessories Industry)Earnings-TTM (Cr)PE RatioMarket Cap
POLY MEDICURE 245.8361.0815,014.9
PREVEST DENPRO LTD16.5729.35486.2
NURECA LTD0.82336.50276.6

Medical Equipment/Supplies/Accessories Industry Benchmark (Top 10) PE Analysis vs POLY MEDICURE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 29.35x
Max industry PE 336.50x
Median industry PE 61.08x
Average industry PE 142.31x



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