DR REDDYS LABORATORIES
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The Current P/S Ratio of DR REDDYS LABORATORIES is 3.77.
Share Price | ₹6,155.2 | Mar 28,2024 |
Market Cap | ₹102,667.9 Cr | |
Sales-TTM | ₹27,212.5 Cr | TTM-Consolidated Results |
Price/Sales | 3.77x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of DR REDDYS LABORATORIES
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹102,667.9 Cr] as on Mar 28,2024
(/) Sales [ ₹27,212.5 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 3.77x ]
Thus, for DR REDDYS LABORATORIES , the investors are currently willing to pay '3.77 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of DR REDDYS LABORATORIES !
The chart below summarizes the trend in P/S Ratio of DR REDDYS LABORATORIES over the last five years.
Historical PS (Price/Sales) ratio chart of DR REDDYS LABORATORIES
PS Ratio Performance Analysis for DR REDDYS LABORATORIES
- DR REDDYS LABORATORIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.27x.
- DR REDDYS LABORATORIES 's operated at median p/e ratio of 3.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DR REDDYS LABORATORIES 's p/e ratio peaked in Mar2021 at 3.94x.
- DR REDDYS LABORATORIES 's p/e ratio hit its five-year low in Mar2020 of 2.96x.
How does DR REDDYS LABORATORIES 's P/S Ratio benchmark against top 10 peers in Pharmaceuticals & Drugs Industry?
Peer Comparison (Pharmaceuticals & Drugs Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
DR REDDYS LABORATORIES | 27,212.5 | 3.77 | 102,667.9 |
SUN PHARMACEUTICAL INDUSTRIES LTD | 47,444.6 | 8.20 | 388,812.0 |
CIPLA LTD | 25,350.2 | 4.76 | 120,673.0 |
ZYDUS LIFESCIENCES LTD | 19,024.2 | 5.32 | 101,152.0 |
DIVIS LABORATORIES LTD | 7,492.8 | 12.18 | 91,234.9 |
MANKIND PHARMA LTD | 9,946.3 | 9.25 | 92,029.2 |
TORRENT PHARMACEUTICALS LTD | 10,474.0 | 8.41 | 88,034.7 |
LUPIN LTD | 19,480.1 | 3.78 | 73,722.0 |
AUROBINDO PHARMA LTD | 27,894.7 | 2.29 | 63,835.1 |
ABBOTT INDIA LTD | 5,753.4 | 9.95 | 57,258.4 |
ALKEM LABORATORIES LTD | 12,634.4 | 4.68 | 59,067.5 |
Pharmaceuticals & Drugs Industry Benchmark (Top 10) PS Analysis vs DR REDDYS LABORATORIES 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.29x |
Max industry PS | 12.18x |
Median industry PS | 5.32x |
Average industry PS | 6.60x |
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