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Parnax Lab Ltd PE Ratio

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Parnax Lab Ltd

NSE: PARNAXLAB

PE

10.8

Last updated on: Apr 24, 2025

Key Highlights

  • The P/E Ratio of Parnax Lab Ltd is 10.8 as of 24 Apr 10:13 AM .
  • The P/E Ratio of Parnax Lab Ltd changed from 15.7 on March 2022 to 15.5 on March 2024 . This represents a CAGR of -0.43% over 3 years.
  • The Latest Trading Price of Parnax Lab Ltd is ₹ 102.2 as of 23 Apr 15:30 .
  • The PE Ratio of Pharmaceuticals Industry has changed from 21.0 to 40.0 in 5 years. This represents a CAGR of 13.75%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 26.9. The PE Ratio of Pharmaceuticals industry is 40.0. The PE Ratio of Retail industry is 159.2. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of Parnax Lab Ltd

No data available

Company Fundamentals for Parnax Lab Ltd

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Parnax Lab Ltd

NSE: PARNAXLAB

Share Price

₹ 102.2

-1.55 (-1.49%)

stock direction

Last updated on: Apr 23, 2025

Market Price of Parnax Lab Ltd

1M

1Y

3Y

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Monitoring Parnax Lab Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
23 Apr 2025102.2
22 Apr 2025103.75
21 Apr 2025105.7
17 Apr 2025104
16 Apr 2025102
15 Apr 2025100.05
11 Apr 2025100.05
09 Apr 2025102
08 Apr 2025104
07 Apr 2025106

SWOT Analysis Of Parnax Lab Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Parnax Lab Ltd

Asset Value vs Market Value of Parnax Lab Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Parnax Lab Ltd117.38
Sun Pharmaceutical Industries Ltd429217
Divis Laboratories Ltd157100
Cipla Ltd123852
Torrent Pharmaceuticals Ltd112844
Mankind Pharma Ltd105003

PE Ratio of Parnax Lab Ltd Explained

117.38

Market cap

10

Earnings

10.8X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Pharmaceuticals Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Parnax Lab Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Parnax Lab Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Parnax Lab Ltd

No data available

* All values are in %

About Parnax Lab Ltd

  • Parnax Lab Limited (Formerly Known as Krishna Deep Trade & Investment Ltd ) was incorporated in August, 1982.
  • The Company changed the name from Krishna Deep Trade & Investment Ltd to Parnax Lab Limited effective on July 19, 2012.
  • The Company is principally engaged in the business activities of manufacturing and export of Pharmaceutical Formulations.
  • Initially, it was engaged in investment and financing activities. Naxpar Pharma Private Limited is Subsidiary Company of the Holding Company.
  • With over two decades of rich experience behind it, the Naxpar Group is at the helm of innovation in the manufacturing of Pharmaceuticals, Cosmetics, Herbal/Ayurvedic formulations & Nutraceuticals (FSSAI) products.

Parnax Lab Ltd News Hub

Parnax Lab consolidated net profit rises 19.88% in the June 2024 quarter

Net profit of Parnax Lab rose 19.88% to Rs 3.98 crore in the quarter ended June 2024 as against Rs 3

Read more

16 Aug 24

Parnax Lab announces board meeting date

Parnax Lab will hold a meeting of the Board of Directors of the Company on 14 August 2024. Powered b

Read more

07 Aug 24

Parnax Lab to conduct AGM

Parnax Lab announced that the Annual General Meeting (AGM) of the company will be held on 27 Septemb

Read more

18 Sept 24

Parnax Lab to convene board meeting

Parnax Lab will hold a meeting of the Board of Directors of the Company on 14 November 2024 Powered

Read more

08 Nov 24

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Parnax Lab Ltd

What is the current PE Ratio of Parnax Lab Ltd?

The Current PE Ratio of Parnax Lab Ltd is 10.83 as on 24 Apr 2025.

What is the average PE Ratio of the Pharmaceuticals industry?

The average industry PE Ratio of Pharmaceuticals is 40.0 as on 24 Apr 2025.

What was the PE Ratio of Parnax Lab Ltd last year?

The PE Ratio of Parnax Lab Ltd was 6.94 last year, now the PE ratio is 10.83, showing a year-on-year growth of 56.1%.

What does the PE Ratio of Parnax Lab Ltd indicate about its stock?

The PE Ratio of Parnax Lab Ltd is 10.83. This ratio indicates that investors are willing to pay 10.83 times the earnings per share for each share of Parnax Lab Ltd.

What is the PE Ratio Growth of Parnax Lab Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Parnax Lab Ltd grew by 56.1% whereas, the EPS ratio grew by -64.3.

How does the PE ratio of Parnax Lab Ltd compare to industry peers?

The PE ratio of Parnax Lab Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Parnax Lab Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Parnax Lab Ltd PE Ratio.

What factors influence the PE ratio of Parnax Lab Ltd PE Ratio?

The PE ratio of Parnax Lab Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Parnax Lab Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Parnax Lab Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Parnax Lab Ltd PE Ratio?

You can check the latest PE ratio of Parnax Lab Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Parnax Lab Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Parnax Lab Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Parnax Lab Ltd PE Ratio predict future stock performance?

While the Parnax Lab Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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