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REMEDIUM LIFECARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of REMEDIUM LIFECARE is 13.67.

Share Price ₹102.8Apr 29,2024
Market Cap ₹1,035.7 Cr
Earnings-TTM₹75.8 CrTTM-Standalone Results
Price/Earnings13.67xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of REMEDIUM LIFECARE

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 REMEDIUM LIFECARE is calculated as :

Current Market Cap [ ₹1,035.7 Cr] as on Apr 29,2024

(/) Earnings [ ₹75.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.67x ]

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

Thus, for REMEDIUM LIFECARE , the investors are currently willing to pay 13.67 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 latest p/e ratio is 13.67x.

- 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 RatioMarket Cap
REMEDIUM LIFECARE 75.7713.671,035.7
ADANI ENTERPRISES LTD3,751.7093.58351,069.0
REDINGTON LTD1,243.1113.7117,038.8
HONASA CONSUMER LTD77.66177.6013,791.7
MMTC LTD49.62229.0211,364.0
MSTC LTD239.5626.836,427.2
LLOYDS ENTERPRISES LTD132.2837.324,937.1
VERITAS (INDIA) LTD191.6221.794,176.1
NOVARTIS INDIA LTD95.5327.202,598.7
OPTIEMUS INFRACOM LTD53.2345.262,409.2
MISHTANN FOODS LTD26.0176.251,983.2

Trading Industry Benchmark (Top 10) PE Analysis vs REMEDIUM LIFECARE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.67x
Max industry PE 229.02x
Median industry PE 37.32x
Average industry PE 69.29x



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