Concord Biotech Limited

NSEI:CONCORDBIO Stock Report

Market Cap: ₹208.3b

Concord Biotech Valuation

Is CONCORDBIO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CONCORDBIO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CONCORDBIO (₹1991.2) is trading above our estimate of fair value (₹765.29)

Significantly Below Fair Value: CONCORDBIO is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CONCORDBIO?

Key metric: As CONCORDBIO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CONCORDBIO. This is calculated by dividing CONCORDBIO's market cap by their current earnings.
What is CONCORDBIO's PE Ratio?
PE Ratio63.5x
Earnings₹3.28b
Market Cap₹208.31b

Price to Earnings Ratio vs Peers

How does CONCORDBIO's PE Ratio compare to its peers?

The above table shows the PE ratio for CONCORDBIO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.7x
524558 Neuland Laboratories
67.9x33.9%₹189.8b
APLLTD Alembic Pharmaceuticals
31.5x21.5%₹204.0b
530019 Jubilant Pharmova
30.2x5.5%₹179.1b
ERIS Eris Lifesciences
53.4x30.7%₹186.0b
CONCORDBIO Concord Biotech
63.5x26.9%₹208.3b

Price-To-Earnings vs Peers: CONCORDBIO is expensive based on its Price-To-Earnings Ratio (63.5x) compared to the peer average (45.7x).

Price to Earnings Ratio vs Industry

How does CONCORDBIO's PE Ratio compare vs other companies in the IN Pharmaceuticals Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
INDSWFTLAB Ind-Swift Laboratories
1.6xn/aUS$71.82m
524652 Ind-Swift
2xn/aUS$13.29m
No more companies available in this PE range
CONCORDBIO 63.5xIndustry Avg. 32.2xNo. of Companies19PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CONCORDBIO is expensive based on its Price-To-Earnings Ratio (63.5x) compared to the Indian Pharmaceuticals industry average (32.2x).

Price to Earnings Ratio vs Fair Ratio

What is CONCORDBIO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CONCORDBIO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio63.5x
Fair PE Ratio46.1x

Price-To-Earnings vs Fair Ratio: CONCORDBIO is expensive based on its Price-To-Earnings Ratio (63.5x) compared to the estimated Fair Price-To-Earnings Ratio (46.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CONCORDBIO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,991.20
₹2,041.25
+2.5%
9.6%₹2,208.00₹1,720.00n/a4
Nov ’25₹1,861.30
₹1,766.50
-5.1%
10.7%₹1,950.00₹1,480.00n/a4
Oct ’25₹1,979.80
₹1,766.50
-10.8%
10.7%₹1,950.00₹1,480.00n/a4
Sep ’25₹1,665.90
₹1,691.50
+1.5%
9.3%₹1,920.00₹1,480.00n/a4
Aug ’25₹1,600.95
₹1,621.50
+1.3%
9.5%₹1,810.00₹1,410.00n/a4
Jul ’25₹1,528.00
₹1,621.50
+6.1%
9.5%₹1,810.00₹1,410.00n/a4
Jun ’25₹1,463.50
₹1,592.00
+8.8%
7.7%₹1,716.00₹1,410.00n/a4
May ’25₹1,667.10
₹1,596.80
-4.2%
8.6%₹1,720.00₹1,410.00n/a5
Apr ’25₹1,488.15
₹1,596.80
+7.3%
8.6%₹1,720.00₹1,410.00n/a5
Mar ’25₹1,478.80
₹1,596.80
+8.0%
8.6%₹1,720.00₹1,410.00n/a5
Feb ’25₹1,452.65
₹1,582.20
+8.9%
11.3%₹1,736.00₹1,300.00n/a5
Jan ’25₹1,479.40
₹1,413.67
-4.4%
11.4%₹1,641.00₹1,300.00n/a3
Dec ’24₹1,305.75
₹1,413.67
+8.3%
11.4%₹1,641.00₹1,300.00n/a3
Nov ’24₹1,142.65
₹1,233.00
+7.9%
8.1%₹1,339.00₹1,100.00₹1,861.303
Oct ’24₹1,084.00
₹1,220.00
+12.5%
9.8%₹1,340.00₹1,100.00₹1,979.802

Analyst Forecast: Target price is less than 20% higher than the current share price.

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