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Nigerian (NSE) Pharma Industry Analysis
UpdatedOct 21, 2025
DataAggregated Company Financials
Companies4
- 7D2.2%
- 3M29.2%
- 1Y154.9%
- YTD125.1%
Over the last 7 days, the Pharma industry has dropped 1.2%, driven by Fidson Healthcare declining 2.6%. In the past year, the industry has gained 156%.
Industry Valuation and Performance
Has the Nigerian Pharma Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Oct 2025 | ₦267.2b | ₦149.5b | ₦11.8b | 11.3x | 22.7x | 1.8x |
| Fri, 19 Sep 2025 | ₦241.3b | ₦149.5b | ₦11.8b | 11.2x | 20.5x | 1.6x |
| Sun, 17 Aug 2025 | ₦238.8b | ₦148.8b | ₦11.8b | 11.5x | 20.3x | 1.6x |
| Tue, 15 Jul 2025 | ₦222.3b | ₦137.4b | ₦9.3b | 13.6x | 24x | 1.6x |
| Thu, 12 Jun 2025 | ₦162.9b | ₦137.4b | ₦9.3b | 10.7x | 17.6x | 1.2x |
| Sat, 10 May 2025 | ₦132.2b | ₦136.8b | ₦9.2b | 7.7x | 14.3x | 1x |
| Mon, 07 Apr 2025 | ₦103.2b | ₦113.1b | ₦6.7b | 8.6x | 15.5x | 0.9x |
| Wed, 05 Mar 2025 | ₦106.5b | ₦113.1b | ₦6.7b | 8.1x | 15.8x | 0.9x |
| Fri, 31 Jan 2025 | ₦123.9b | ₦103.4b | ₦3.8b | 9x | 33x | 1.2x |
| Sun, 29 Dec 2024 | ₦104.8b | ₦103.4b | ₦3.8b | 8.5x | 27.9x | 1x |
| Tue, 26 Nov 2024 | ₦103.4b | ₦103.4b | ₦3.8b | 8.1x | 27.6x | 1x |
| Thu, 24 Oct 2024 | ₦105.1b | ₦92.5b | ₦2.0b | 10.8x | 52.7x | 1.1x |
| Sat, 21 Sep 2024 | ₦88.3b | ₦92.5b | ₦2.0b | 11.1x | 44.3x | 1x |
| Mon, 19 Aug 2024 | ₦90.2b | ₦92.5b | ₦2.0b | 10.1x | 45.2x | 1x |
| Wed, 17 Jul 2024 | ₦91.3b | ₦84.8b | ₦2.1b | 8.7x | 42.7x | 1.1x |
| Fri, 14 Jun 2024 | ₦88.2b | ₦84.8b | ₦2.1b | 8.4x | 41.2x | 1x |
| Sun, 12 May 2024 | ₦94.8b | ₦84.6b | ₦1.9b | 9.6x | 50.7x | 1.1x |
| Tue, 09 Apr 2024 | ₦94.6b | ₦75.0b | ₦1.7b | 11.4x | 56.1x | 1.3x |
| Thu, 07 Mar 2024 | ₦91.9b | ₦75.0b | ₦1.7b | 10.1x | 54.5x | 1.2x |
| Sat, 03 Feb 2024 | ₦124.5b | ₦90.5b | ₦3.9b | 12.3x | 31.9x | 1.4x |
| Mon, 01 Jan 2024 | ₦126.8b | ₦85.6b | ₦4.7b | 11.7x | 26.8x | 1.5x |
| Wed, 29 Nov 2023 | ₦117.8b | ₦85.6b | ₦4.7b | 11.8x | 24.9x | 1.4x |
| Fri, 27 Oct 2023 | ₦66.0b | ₦82.7b | ₦5.7b | 8.1x | 11.5x | 0.8x |
| Sun, 24 Sep 2023 | ₦65.1b | ₦82.7b | ₦5.7b | 8.2x | 11.3x | 0.8x |
| Tue, 22 Aug 2023 | ₦63.6b | ₦83.1b | ₦6.1b | 8.3x | 10.4x | 0.8x |
| Thu, 20 Jul 2023 | ₦61.8b | ₦81.7b | ₦6.1b | 7.8x | 10.1x | 0.8x |
| Sat, 17 Jun 2023 | ₦52.0b | ₦81.7b | ₦6.1b | 6x | 8.5x | 0.6x |
| Mon, 15 May 2023 | ₦44.9b | ₦81.7b | ₦6.1b | 5x | 7.4x | 0.5x |
| Wed, 12 Apr 2023 | ₦42.9b | ₦83.3b | ₦6.0b | 5.2x | 7.2x | 0.5x |
| Fri, 10 Mar 2023 | ₦46.0b | ₦83.3b | ₦6.3b | 5.5x | 7.3x | 0.6x |
| Sun, 05 Feb 2023 | ₦42.5b | ₦83.3b | ₦6.3b | 5.5x | 6.7x | 0.5x |
| Tue, 03 Jan 2023 | ₦39.1b | ₦83.8b | ₦7.3b | 4.6x | 5.3x | 0.5x |
| Thu, 01 Dec 2022 | ₦37.5b | ₦83.8b | ₦7.3b | 4.2x | 5.1x | 0.4x |
| Sat, 29 Oct 2022 | ₦38.2b | ₦81.7b | ₦7.2b | 7.1x | 5.3x | 0.5x |
Price to Earnings Ratio
5.3x
Current Industry PE
- Investors are relatively neutral on the Nigerian Pharmaceuticals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 23.4x.
- The 3-year average PS ratio of 0.98x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Pharmaceuticals industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 22% 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 Nigerian Healthcare industry?
| NG Market | 1.71% | |
| Healthcare | 2.19% | |
| Pharma | 2.21% | |
| Pharma | 2.21% | |
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 | |
|---|---|---|---|---|---|
| FIDSON Fidson Healthcare | ₦42.15 | 3.8% +₦3.6b | 167.6% | PE9.4x | |
| MAYBAKER May & Baker Nigeria | ₦17.75 | 4.1% +₦1.2b | 161.0% | PE13.1x | |
| NEIMETH Neimeth International Pharmaceuticals | ₦6.00 | 1.5% +₦384.6m | 214.1% | PS4.5x |