Alkem Laboratories Limited (NSE:ALKEM) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Jun 01
Indian (NIFTY) Pharma Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies161
- 7D-1.8%
- 3M-1.4%
- 1Y51.6%
- YTD11.7%
In the last week, the Pharma industry is down 1.8% with Alkem Laboratories down the most at 12%. In contrast, Glenmark Pharmaceuticals has gained 12%. This takes the industry's 12 month performance to a gain of 52%. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Indian Pharma Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | ₹16.8t | ₹3.6t | ₹452.1b | 32.1x | 37.1x | 4.7x |
| Wed, 01 May 2024 | ₹17.0t | ₹3.5t | ₹418.3b | 34.9x | 40.6x | 4.9x |
| Fri, 29 Mar 2024 | ₹17.0t | ₹3.5t | ₹418.9b | 32.1x | 40.6x | 4.9x |
| Sun, 25 Feb 2024 | ₹17.1t | ₹3.5t | ₹418.6b | 34.8x | 40.8x | 4.9x |
| Tue, 23 Jan 2024 | ₹15.7t | ₹3.4t | ₹395.3b | 34.9x | 39.6x | 4.6x |
| Thu, 21 Dec 2023 | ₹14.2t | ₹3.4t | ₹395.2b | 31x | 36x | 4.2x |
| Sat, 18 Nov 2023 | ₹13.9t | ₹3.4t | ₹395.0b | 31.1x | 35.3x | 4.1x |
| Mon, 16 Oct 2023 | ₹13.2t | ₹3.3t | ₹369.9b | 30x | 35.6x | 4x |
| Wed, 13 Sep 2023 | ₹13.1t | ₹3.3t | ₹369.5b | 29.6x | 35.5x | 4x |
| Fri, 11 Aug 2023 | ₹13.2t | ₹3.2t | ₹359.1b | 29.8x | 36.9x | 4.1x |
| Sun, 09 Jul 2023 | ₹11.7t | ₹3.2t | ₹342.4b | 26.2x | 34.3x | 3.7x |
| Tue, 06 Jun 2023 | ₹10.9t | ₹3.2t | ₹342.5b | 26x | 31.9x | 3.4x |
| Thu, 04 May 2023 | ₹10.0t | ₹3.0t | ₹277.3b | 26.1x | 35.9x | 3.3x |
| Sat, 01 Apr 2023 | ₹9.5t | ₹3.0t | ₹277.5b | 23x | 34.4x | 3.2x |
| Mon, 27 Feb 2023 | ₹9.5t | ₹3.0t | ₹277.5b | 24x | 34.3x | 3.2x |
| Wed, 25 Jan 2023 | ₹9.9t | ₹2.9t | ₹275.0b | 25.6x | 35.9x | 3.4x |
| Fri, 23 Dec 2022 | ₹10.0t | ₹2.9t | ₹274.9b | 26.1x | 36.5x | 3.5x |
| Sun, 20 Nov 2022 | ₹10.1t | ₹2.9t | ₹275.1b | 26.1x | 36.6x | 3.5x |
| Tue, 18 Oct 2022 | ₹9.9t | ₹2.8t | ₹260.4b | 23.8x | 38x | 3.6x |
| Thu, 15 Sep 2022 | ₹9.8t | ₹2.8t | ₹261.9b | 24.1x | 37.3x | 3.5x |
| Sat, 13 Aug 2022 | ₹9.8t | ₹2.8t | ₹266.1b | 22.3x | 36.8x | 3.5x |
| Mon, 11 Jul 2022 | ₹9.5t | ₹2.8t | ₹274.6b | 21.5x | 34.5x | 3.4x |
| Wed, 08 Jun 2022 | ₹9.3t | ₹2.8t | ₹273.7b | 21.3x | 34.1x | 3.4x |
| Fri, 06 May 2022 | ₹9.6t | ₹2.7t | ₹335.7b | 24.1x | 28.7x | 3.6x |
| Sun, 03 Apr 2022 | ₹10.1t | ₹2.7t | ₹337.9b | 23.5x | 29.8x | 3.7x |
| Tue, 01 Mar 2022 | ₹9.6t | ₹2.7t | ₹337.9b | 22.5x | 28.3x | 3.6x |
| Thu, 27 Jan 2022 | ₹10.0t | ₹2.7t | ₹362.2b | 25.2x | 27.7x | 3.8x |
| Sat, 25 Dec 2021 | ₹10.2t | ₹2.7t | ₹360.6b | 24.3x | 28.4x | 3.9x |
| Mon, 22 Nov 2021 | ₹10.1t | ₹2.7t | ₹360.1b | 21.9x | 28.1x | 3.8x |
| Wed, 20 Oct 2021 | ₹10.8t | ₹2.6t | ₹376.2b | 25.6x | 28.7x | 4.1x |
| Fri, 17 Sep 2021 | ₹11.0t | ₹2.6t | ₹375.7b | 26.1x | 29.4x | 4.2x |
| Sun, 15 Aug 2021 | ₹10.9t | ₹2.6t | ₹375.2b | 25.6x | 29.1x | 4.2x |
| Thu, 10 Jun 2021 | ₹10.4t | ₹2.5t | ₹332.3b | 22.6x | 31.4x | 4.2x |
Price to Earnings Ratio
31.4x
Current Industry PE
- Investors are optimistic on the Indian Pharmaceuticals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.1x which is higher than its 3-year average PE of 34.0x.
- The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Pharmaceuticals industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Healthcare industry?
| IN Market | -1.89% | |
| Healthcare | -1.46% | |
| Pharma | -1.82% | |
| Pharma | -1.82% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500660 GlaxoSmithKline Pharmaceuticals | ₹2.63k | 11.6% +₹46.3b | 88.7% | PE75.5x | |
| 500420 Torrent Pharmaceuticals | ₹2.70k | 3.2% +₹28.5b | 51.8% | PE55.1x | |
| GLENMARK Glenmark Pharmaceuticals | ₹1.16k | 3.7% +₹11.5b | 87.7% | PS2.6x | |
| MANKIND Mankind Pharma | ₹2.14k | 1.2% +₹10.2b | 50.3% | PE44.8x | |
| PFIZER Pfizer | ₹4.61k | 2.4% +₹4.9b | 19.7% | PE38.3x |
