PARNAXLAB.BO
Price:
$116.5
Market Cap:
$1.34B
Parnax Lab Ltd. engages in manufacturing and trading of pharmaceuticals and medicinal products. It offers liquid products, ointments, gels, creams, tablets and capsules. The company was founded on August 3, 1982 and is headquartered in Mumbai, India.
Industry
Medical - Pharmaceuticals
IPO Date
Stock Exchange
BSE
Ticker
PARNAXLAB.BO
According to Parnax Lab Limited’s latest financial reports and current stock price. The company's current ROE is 13.33%. This represents a change of 301.17% compared to the average of 3.32% of the last 4 quarters.
The mean historical ROE of Parnax Lab Limited over the last ten years is 8.15%. The current 13.33% ROE has changed 63.41% with respect to the historical average. Over the past ten years (40 quarters), PARNAXLAB.BO's ROE was at its highest in in the December 2021 quarter at 12.48%. The ROE was at its lowest in in the March 2021 quarter at -9.53%.
Average
8.15%
Median
10.49%
Minimum
-8.89%
Maximum
17.11%
Discovering the peaks and valleys of Parnax Lab Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 184.82%
Maximum Annual ROE = 17.11%
Minimum Annual Increase = -1629.47%
Minimum Annual ROE = -8.89%
| Year | ROE | Change |
|---|---|---|
| 2025 | 13.86% | 3.25% |
| 2024 | 13.43% | -3.17% |
| 2023 | 13.87% | -18.94% |
| 2022 | 17.11% | -1629.47% |
| 2021 | -1.12% | -87.41% |
| 2020 | -8.89% | -196.25% |
| 2019 | 9.23% | 184.82% |
| 2018 | 3.24% | -72.40% |
| 2017 | 11.75% | 29.46% |
| 2016 | 9.07% | -46.42% |
The current ROE of Parnax Lab Limited (PARNAXLAB.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.72%
5-year avg
11.43%
10-year avg
8.15%
Parnax Lab Limited’s ROE is less than Tyche Industries Limited (8.97%), less than Lactose (India) Limited (7.98%), less than Denis Chem Lab Limited (10.11%), less than Smruthi Organics Limited (4.86%), less than Panchsheel Organics Limited (9.97%), less than Coral Laboratories Limited (8.85%), less than Kimia Biosciences Ltd. (123.66%), less than Auro Laboratories Limited (2.27%), greater than Pharmaids Pharmaceuticals Limited (-21.18%), less than Bal Pharma Limited (9.51%),
| Company | ROE | Market cap |
|---|---|---|
| 8.97% | $1.19B | |
| 7.98% | $1.48B | |
| 10.11% | $1.19B | |
| 4.86% | $1.40B | |
| 9.97% | $1.78B | |
| 8.85% | $1.66B | |
| 123.66% | $1.37B | |
| 2.27% | $1.60B | |
| -21.18% | $1.78B | |
| 9.51% | $1.13B |
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