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THEMIS MEDICARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of THEMIS MEDICARE is 69.76.

Share Price ₹209.9Apr 24,2024
Market Cap ₹1,931.1 Cr
Earnings-TTM₹27.7 CrTTM-Consolidated Results
Price/Earnings69.76xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THEMIS MEDICARE

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 THEMIS MEDICARE is calculated as :

Current Market Cap [ ₹1,931.1 Cr] as on Apr 24,2024

(/) Earnings [ ₹27.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 69.76x ]

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

Thus, for THEMIS MEDICARE , the investors are currently willing to pay 69.76 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 THEMIS MEDICARE !

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 THEMIS MEDICARE over the last five years.

Historical PE (Price/Earnings) ratio chart of THEMIS MEDICARE


PE Ratio Performance Analysis for THEMIS MEDICARE

- THEMIS MEDICARE 's latest p/e ratio is 69.76x.

- THEMIS MEDICARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.35x.

- THEMIS MEDICARE 's operated at median p/e ratio of 8.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THEMIS MEDICARE 's p/e ratio peaked in Mar2023 at 18.87x.

- THEMIS MEDICARE 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does THEMIS MEDICARE 's P/E Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?

Peer Comparison (Pharmaceuticals & Drugs Industry)Earnings-TTM (Cr)PE RatioMarket Cap
THEMIS MEDICARE 27.6869.761,931.1
SUN PHARMACEUTICAL INDUSTRIES LTD8,998.6339.63356,625.0
CIPLA LTD3,744.0330.16112,938.0
DR REDDYS LABORATORIES LTD5,209.4019.0699,276.9
ZYDUS LIFESCIENCES LTD2,954.2031.7993,921.9
DIVIS LABORATORIES LTD1,382.9773.26101,315.0
MANKIND PHARMA LTD1,743.3055.1596,143.2
TORRENT PHARMACEUTICALS LTD1,494.0060.8390,872.6
LUPIN LTD1,809.7439.7972,010.8
AUROBINDO PHARMA LTD2,777.8922.8663,492.3
ABBOTT INDIA LTD1,145.5847.2354,105.4

Pharmaceuticals & Drugs Industry Benchmark (Top 10) PE Analysis vs THEMIS MEDICARE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.06x
Max industry PE 73.26x
Median industry PE 39.79x
Average industry PE 44.50x



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