Zenith Drugs (NSE:ZENITHDRUG) PE Ratio (TTM): 21.41 (As of Jul. 25, 2026) — 35% Above Median

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NSE:ZENITHDRUG Zenith Drugs Ltd NSE:ZENITHDRUG
35 GF Score
Price ₹49.25
! 8 Warning Signs
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What is Zenith Drugs PE Ratio (TTM)?

Zenith Drugs NSE:ZENITHDRUG +0.61% 35 PE Ratio (TTM) is 21.41 as of Jul. 25, 2026, which is 35% above its 10-year median of 15.84. GuruFocus rates NSE:ZENITHDRUG with a GF Score™ of 35/100. The stock has 8 warning signs investors should review. Among 638 Drug Manufacturers companies, Zenith Drugs ranks worse than 51.1% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-25), Zenith Drugs's share price is ₹49.25. Zenith Drugs's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2.30. Therefore, Zenith Drugs's PE Ratio (TTM) for today is 21.41.

Warning Sign:

Zenith Drugs Ltd stock PE Ratio (=21.41) is close to 1-year high of 22.24.


The historical rank and industry rank for Zenith Drugs's PE Ratio (TTM) or its related term are showing as below:

NSE:ZENITHDRUG' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 9.11   Med: 15.84   Max: 32.2
Current: 21.41


During the past 6 years, the highest PE Ratio (TTM) of Zenith Drugs was 32.20. The lowest was 9.11. And the median was 15.84.


NSE:ZENITHDRUG's PE Ratio (TTM) is ranked worse than
51.1% of 638 companies
in the Drug Manufacturers industry
Industry Median: 20.59 vs NSE:ZENITHDRUG: 21.41

Zenith Drugs's Earnings per Share (Diluted) for the six months ended in Mar. 2026 was ₹0.94. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2.30.

As of today (2026-07-25), Zenith Drugs's share price is ₹49.25. Zenith Drugs's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2.43. Therefore, Zenith Drugs's PE Ratio without NRI for today is 20.31.

During the past 6 years, Zenith Drugs's highest PE Ratio without NRI was 32.87. The lowest was 8.88. And the median was 15.06.

Zenith Drugs's EPS without NRI for the six months ended in Mar. 2026 was ₹0.94. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2.43.

During the past 12 months, Zenith Drugs's average EPS without NRI Growth Rate was -44.30% per year. During the past 3 years, the average EPS without NRI Growth Rate was -5.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 14.40% per year.

During the past 6 years, Zenith Drugs's highest 3-Year average EPS without NRI Growth Rate was 49.30% per year. The lowest was -5.00% per year. And the median was 33.30% per year.

Zenith Drugs's EPS (Basic) for the six months ended in Mar. 2026 was ₹0.94. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2.30.


Zenith Drugs  (NSE:ZENITHDRUG) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Zenith Drugs PE Ratio (TTM) Related Terms


Zenith Drugs PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Zenith Drugs's PE Ratio (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zenith Drugs PE Ratio (TTM) Chart

Zenith Drugs Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio (TTM)
Get a 7-Day Free Trial N/A N/A 11.28 17.15 15.30

Zenith Drugs Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only 11.28 At Loss 17.15 At Loss 15.30

NSE:ZENITHDRUG vs ZTS, UTHR: PE Ratio (TTM) Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zenith Drugs's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zenith Drugs PE Ratio (TTM) vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zenith Drugs's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Zenith Drugs's PE Ratio (TTM) falls into.


NSE:ZENITHDRUG
35GF Score
Zenith Drugs Ltd NSE:ZENITHDRUG
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Drugs PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Zenith Drugs's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=49.25/2.300
=21.41

Zenith Drugs's Share Price of today is ₹49.25.
For company reported semi-annually, Zenith Drugs's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹2.30.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 21.41 mean?
Zenith Drugs (NSE:ZENITHDRUG) has a PE Ratio (TTM) of 21.41 as of Jul. 25, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Zenith Drugs and its competitors. This is 35% above median its historical median of 15.84. Over the past decade, Zenith Drugs' PE Ratio (TTM) has ranged from 9.11 to 32.20. According to the industry distribution chart, Zenith Drugs ranks #326 out of 638 companies in the Drug Manufacturers industry, placing it in the top 51.1%.
Is Zenith Drugs' PE Ratio (TTM) too high?
Zenith Drugs' current PE Ratio (TTM) of 21.41 is 35% above median its 10-year median of 15.84. Over the past 10 years, this metric has ranged from a low of 9.11 to a high of 32.20. The Drug Manufacturers industry median PE Ratio (TTM) is 20.59. Zenith Drugs' value of 21.41 is 4% above this industry median. Based on the distribution chart, Zenith Drugs ranks #326 out of 638 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Zenith Drugs has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Zenith Drugs' PE Ratio (TTM) compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Zenith Drugs ranks #326 out of 638 companies for PE Ratio (TTM). This places Zenith Drugs in the lower half of its industry. The industry median PE Ratio (TTM) is 20.59. Zenith Drugs' value of 21.41 is 4% above this benchmark. Historically, Zenith Drugs' own PE Ratio (TTM) has ranged from 9.11 to 32.20 over the past decade. While the company's 10-year median is 15.84 vs. the industry median of 20.59, Zenith Drugs has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Drug Manufacturers company?
The median PE Ratio (TTM) among Drug Manufacturers companies is 20.59, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zenith Drugs's current PE Ratio (TTM) of 21.41 is 4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Zenith Drugs and its competitors. For the Drug Manufacturers industry, the median PE Ratio (TTM) is 20.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Drugs's current PE Ratio (TTM) is 21.41, which is 35% above median its own 10-year median of 15.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Drugs stock overvalued right now?
Zenith Drugs (NSE:ZENITHDRUG) has a current PE Ratio (TTM) of 21.41. The current PE Ratio (TTM) is 21.41, which is 35% above median its 10-year median of 15.84 and 4% above the Drug Manufacturers industry median of 20.59. Zenith Drugs' overall GF Score™ is 35/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Zenith Drugs (NSE:ZENITHDRUG), the current PE Ratio (TTM) is 21.41 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zenith Drugs Business Description

Address K. No. 72/5, Village Muradpura, Depalpur, Indore, MP, IND, 453001
Zenith Drugs Ltd is a pharmaceutical manufacturing and trading company. It offers a wide range of formulations in various forms such as ORS Powder, Liquid Orals, Ointments, Liquid Externals, Creams, Gels, Capsules, and Tablets. It is also into Generic Medicines.
35GF Score

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PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹49.25
Price