POLY MEDICURE
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The Current P/E Ratio of POLY MEDICURE is 61.08.
Share Price | ₹1,564.1 | Apr 19,2024 |
Market Cap | ₹15,014.9 Cr | |
Earnings-TTM | ₹245.8 Cr | TTM-Consolidated Results |
Price/Earnings | 61.08x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of POLY MEDICURE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
POLY MEDICURE | 245.83 | 61.08 | 15,014.9 |
PREVEST DENPRO LTD | 16.57 | 29.35 | 486.2 |
NURECA LTD | 0.82 | 336.50 | 276.6 |
Medical Equipment/Supplies/Accessories Industry Benchmark (Top 10) PE Analysis vs POLY MEDICURE 's P/E Ratio
Top 10 Industry Peers | PE 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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