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The Current P/E Ratio of SUN PHARMACEUTICAL INDUSTRIES is 53.67. Similar to FAT, asset turnover ratio will also vary with industry. . Number of U.S. listed companies included in the calculation: 4190 (year 2021) Ratio: Current Ratio Measure of center: The Asia Pacific is the third-largest market for pharmaceuticals globally, after North America and Europe. Your inventory turnover ratio (ITR) is the number of times you sell all your inventory over a given period (such as a year). Current Ratio Measures a firm's ability to pay its debts over the next 12 months. This chart shows the top five global pharmaceutical companies according to pharmaceutical revenue in 2021. New York City, NY 10170. The expected growth of the global pharmaceuticals market in 2020 is $1228.45 billion, with 2021 reaching $1250.24 billion. Despite the exponential growth curve, our AUM to GDP ratio is significantly low at 16% as compared to a global average of 74%. The cookie is used to store the user consent for the cookies in the category "Analytics". Do you want to find out the Price to Sales (PS) ratio history of SUN PHARMACEUTICAL INDUSTRIES and compare it with industry peers of SUN PHARMACEUTICAL INDUSTRIES . Chart. Investors use this ratio to monitor a companys usage of assets for revenue generation. Working Capital Ratio Comment: On the trailing twelve months basis Due to increase in Current Liabilities in the 1 Q 2022, Working Capital Ratio fell to 1.69 below Major Pharmaceutical Preparations Industry average. solitude parking camera. It has to be noted that an extremely high current ratio also spells trouble. These emerging markets are the ones that see the most significant increase in pharmaceutical sales. Thus the ratio must be compared to the industry benchmark to get the true picture of this score. What Are Key Financial Ratios for Pharma? Moreover, the great achievement of Eli Lilly and Company is being the notable contributor of the polio vaccine which was made by Jonas Salk. North America is projected to grow at a CAGR between 4.2 and 4.2 percent over the same period. A further 70 cents is being produced in Latin America for every dollar made by the pharmaceutical industry. This ratio is used to assess the firms ability to meet its short term liabilities on time. . However, there is no reference score or range for FAT ratio. We also use third-party cookies that help us analyze and understand how you use this website. In general, a good current ratio is anything over 1, with 1.5 to 2 being the ideal. . Pharmaceutical companies have been top performers in the healthcare sector in an era of aging populations, rising healthcare costs, and the ongoing development of new and extremely profitable medicines. Strong growth is being experienced in countries such as China, India, and Indonesia due to a growing population who spends more money on health and is more aware of chronic diseases. Calculation: Current Assets / Current Liabilities. Miscellaneous Fabricated Products Industry, Industrial Machinery and Components Industry, Renewable Energy Services & Equipment Industry, Miscellaneous Financial Services Industry, Laboratory Analytical Instruments Industry, In Vitro & In Vivo Diagnostic Substances Industry, Print Media & Newspaper Publishing Industry, Computer Peripherals & Office Equipment Industry, Internet Services & Social Media Industry, Electronic Instruments & Controls Industry, Computer processing and cloud services Industry, Scientific & Technical Instruments Industry, Internet, Mail Order & Online Shops Industry, Pharmacy Services & Retail Drugstore Industry, More Major Pharmaceutical Preparations Industrys' historic efficiency information >>, Compare Industry's Sales per Employee to 's or S&P, More Data About Major Pharmaceutical Preparations Industry, Revenue per Employee for CLOV's Competitors, Compare Industry's Income per Employee to 's or S&P, Income per Employee for CLOV's Competitors, Compare Industry's Receivable Turnover to 's or S&P, Receivable Turnover for CLOV's Competitors, Compare Industry's Inventory Turnover to 's or S&P, Inventory Turnover for CLOV's Competitors, Compare Industry's Asset Turnover to 's or S&P. You can calculate it using the turnover ratio formula: It is in favor of the company to be in a comfortable cash flow scenario. Do you want to find out the Price to Book ratio history of SUN PHARMACEUTICAL INDUSTRIES and compare it with industry peers of SUN PHARMACEUTICAL INDUSTRIES . This cookie is set by GDPR Cookie Consent plugin. Search Stocks. Life expectancy and health outcomes have seen tremendous improvements in the last 100 years. The working capital turnover indicates how well a company is using its working capital to support sales. 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In 2020, North Americas pharmaceutical market accounted for more than 49% of the worlds pharmaceutical sales. Companies with quick ratio less than 1 may not be in a position to pay-off their current liabilities in the immediate future indicating high risk debt. The fixed asset turnover ratio measures how efficiently a company is generating net sales from its fixed-asset investments. The price-to-research ratio is calculated by dividing a company's market value by its last 12 months of expenditures on research and development. Ideal ratio is 2:1.It means the current assets of business should, atleast be twice of its current liabilities. Roche was established in 1896. Net credit purchases may be substituted at times by COGS and, Average accounts payable = sum of accounts payable at the beginning and end of accounting period / 2. That being said, how good a current ratio is In the export side of the world pharmaceutical market concentration ratios of 14.68%, 45.64%, 73.79%, and 90.37% were obtained for the 1, 4, 8, and 16 firm respectively for 2001-2012. A basic comparison of your company figures with those of your competitors will provide a quick insight into your business performance. Financial ratios are the cornerstone of any company valuation. Normally, the size of a firm is measured by applying the three approaches i.e.. Pharmaceutical Preparations: average industry financial ratios for U.S. listed companies Industry: 2834 - Pharmaceutical Preparations Measure of center: median (recommended) average Financial ratio Top 10 Pharma Trends in 2022 1. 3 Year Return: 16.4% 5 Year Return: 12.38% INVEST NOW Equity Funds PARTNERED BY UTI Mastershare Unit Scheme - Direct Plan (G) 3 Year Return: 14.8% 5 Year Return: 11.18% INVEST NOW Equity Funds. Effectiveness Performance Major Pharmaceutical Preparations Industry Efficiency Information & Trends The market capitalization of the pharmaceutical and consumer goods company is $428.7 million. Current and historical current ratio for Pfizer (PFE) from 2010 to 2022. Research firm MarketsandMarkets predicts that the global active pharmaceutical ingredient (API) market including chemical and biologic drug substances, both branded and generic will expand at a compound annual growth rate (CAGR) of 6.3%, and will climb from $157.95 billion in 2016 to $213.97 billion in 2021 (6). These cookies ensure basic functionalities and security features of the website, anonymously. Ranking, Inventory Turnover (Sales) In this article, we'll discuss how to find the ideal turnover ratio considering your industry and size and share practical tactics for reaching that goal. The company's branded products include Copaxone, Austedo, respiratory products like ProAir and Qvar and Ajovy. Numbers change as more businesses report financial results. Through this study, we have tried to compare and analyse the following 3 ratios for 5 pharmaceutical companies vis--vis the industry average for these ratios. A faulty business valuation can deprive the company of its much needed investments and distort their growth metrics. All Industries: average industry financial ratios for U.S. listed companies Industry: All Industries Measure of center: median (recommended) average Financial ratio Teva's generic product portfolio includes tablets, capsules, liquids, ointments, creams, liquids, injectables, and inhalants. We are happy to help you with everything and also offer free training. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Home > PS Ratio > SUN PHARMACEUTICAL INDUSTRIES . Analytical cookies are used to understand how visitors interact with the website. Please do not hesitate to contact me. , Below are the introduction, body and conclusion parts of this essay. Calculation: Current Assets / Current Liabilities. Quick ratio 3. Wycombe Vs Cambridge Results, Quick Ratio With revenue increase of 30.11 % in the 1 Q 2022, from same quarter a year ago, Major Pharmaceutical Preparations Industry's asset turnover ratio increased to 0.47 , lower than Major Pharmaceutical Preparations Industry average. 4 Return on Equity. Current ratio, otherwise known as the working capital ratio, is a form of liquidity ratio that indicates a companys ability to pay back short-term obligations or the ones due within the next year. Learn more about our online cap table and our 409a valuation services. Art. Once a pharmaceutical company manages to bring a product to market, a key element is how the company can manufacture and sell the product. 2020 brought drastic changes to every industry, and the pharmaceutical one isnt an exception current issues in pharmacy 2021 are closely associated with the pandemic and its results. The current ratio weighs up all of a company's current assets to its current. Compensation/Net Sales is a measure of the companys officers compensation to sales. A higher inventory turnover ratio is ideal as it indicates that sales are quick and there is a demand for the companys products as well. %Non-Cash Expenses / Net Sales is a measure of the companys non-cash expenses to sales. ! Home > PE Ratio > SUN PHARMACEUTICAL INDUSTRIES . ideal current ratio for pharmaceutical industry. Pharmaceutical companies are characterized by high capital expenditures on research and development (R&D) and a long period between initial research and finally getting a product to market. This is an important industry benchmark to show how much the company compensates the officers when compared to its competitors. Debt-to-equity ratio - breakdown by industry. More about debt-to-equity ratio. Tonira Pharma 4. The healthcare sectoris one of the largest market sectors, encompassing a variety of Search for published reports. All companies havent been maintaining ideal current ratio except Sunpharma. 2023 Eqvista Inc. All Rights Reserved. Eqvista does not provide legal, financial or tax advice. Research Tutorial; Current Industrial Reports. This is due to factors such as the aging population or the imminent expiration of patent medicines. Current ratio = current assets/current liabilities Where according to the company's balance sheets: Current assets: cash, accounts receivable, inventory, and other assets that the company plans to liquidate or convert to cash within the next one year. It is calculated as the sum of current assets minus inventories, divided by current liabilities. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The inventory turnover ratio provides a snapshot about the companys stock management and whether the sales and purchasing department are working in sync. Get in touch with us. Calculation: Liabilities / Equity. Around 15% of the total market supply of pharmaceuticals is produced in domestic markets. . The price-to-research ratio measures the relationship between a company's market capitalization and its research and development expenses. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Net annual sales = total sale by the company during the accounting period, Average working capital = (Working capital at the start of accounting period at the end of the accounting period) / 2, A high working capital turnover ratio indicates , A lower working capital turnover ratio indicates . These cookies will be stored in your browser only with your consent. Liquidity ratios are a class of financial metrics used to determine a debtor's ability to pay off current debt obligations without raising external capital. 71. It is up to a financial analyst to use trend analysis, common size analysis, and ratio analysis to compare the subject company and the selected benchmarks in order to create a reliable multiple. Quick Ratio total ranking fell in contrast to the previous quarter from to 12. Therefore, it is also helpful for investors to look at basic profitability ratios, such as operating margin and net margin. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. ROE is calculated by dividing a company's net income by total shareholders' equity. Ratio: Debt-to-equity ratio Measure of center: ROI. The curation of data over 10 years makes it a go-to document for in-depth industry trends. As we observed in the previous section, the IRS financial ratio database is the most reliable reference point. Financial Statement and Ratio Analysis Liquidity GSK MRK NVS Industry Average Current Ratio 1.1X 2.1X 1.2X 1.7X Quick Ratio 0.7X 1.4X 0.7X 1.2X ! Company Name, Ticker, Competitors, else.. Net Income/Employee It controls many of the worlds largest pharmaceutical companies, including Genentech (USA), Chugai Pharmaceuticals (Japan), and Ventana (USA). If this is the case, the company has more than enough cash to meet its liabilities while using its capital effectively. mcmarketstockprice->Moneycontrol/MC_Market/MC_Market_StockPrice_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250|~|Moneycontrol/MC_Market/MC_Market_StockPrice_728x90_2|~|Moneycontrol/MC_Market/MC_Market_StockPrice_728x90_1|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_2|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_1|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_BTF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_BTF|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250/MC_Market_StockPrice_Notices_300x250_ATF|~|Moneycontrol/MC_Market/MC_Market_StockPrice_QuartResult_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_CapitalStruc_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_PriceChart_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_History_300x600_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_ATF_1|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_ATF_1|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_MTF->, Standard Medical Pharmaceuticals is not listed on BSE, Standard Medical Pharmaceuticals is not listed on NSE, Invest in high-rated bonds from as low as Rs. Reproduction of news articles, photos, videos or any other content in whole or in part in any form "Trailing and forward price to earnings ratio (PE ratio) in the health & pharmaceuticals sector in Western Europe 2022, by industry."