REMEDIUM LIFECARE
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The Current P/E Ratio of REMEDIUM LIFECARE is 10.64.
Share Price | ₹80.0 | May 13,2024 |
Market Cap | ₹805.9 Cr | |
Earnings-TTM | ₹75.8 Cr | TTM-Standalone Results |
Price/Earnings | 10.64x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of REMEDIUM LIFECARE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹805.9 Cr] as on May 13,2024
(/) Earnings [ ₹75.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 10.64x ]
Thus, for REMEDIUM LIFECARE , the investors are currently willing to pay 10.64 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 REMEDIUM LIFECARE !
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 REMEDIUM LIFECARE over the last five years.
Historical PE (Price/Earnings) ratio chart of REMEDIUM LIFECARE
PE Ratio Performance Analysis for REMEDIUM LIFECARE
- REMEDIUM LIFECARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 170.62x.
- REMEDIUM LIFECARE 's operated at median p/e ratio of 46.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, REMEDIUM LIFECARE 's p/e ratio peaked in Mar2019 at 695.95x.
- REMEDIUM LIFECARE 's p/e ratio hit its five-year low in Mar2020 of 28.98x.
How does REMEDIUM LIFECARE 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
REMEDIUM LIFECARE | 75.77 | 10.64 | 805.9 |
ADANI ENTERPRISES LTD | 3,293.18 | 99.71 | 328,377.0 |
REDINGTON LTD | 1,243.11 | 13.27 | 16,495.4 |
HONASA CONSUMER LTD | 77.66 | 177.74 | 13,803.1 |
MMTC LTD | 49.62 | 208.68 | 10,354.5 |
MSTC LTD | 239.56 | 23.76 | 5,692.9 |
LLOYDS ENTERPRISES LTD | 174.80 | 23.97 | 4,189.1 |
VERITAS (INDIA) LTD | 191.62 | 18.47 | 3,539.9 |
NOVARTIS INDIA LTD | 85.19 | 30.24 | 2,576.1 |
OPTIEMUS INFRACOM LTD | 53.23 | 41.22 | 2,194.1 |
MISHTANN FOODS LTD | 26.01 | 71.55 | 1,861.0 |
Trading Industry Benchmark (Top 10) PE Analysis vs REMEDIUM LIFECARE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.64x |
Max industry PE | 208.68x |
Median industry PE | 30.24x |
Average industry PE | 65.39x |
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