Company Valuation: GlaxoSmithKline Pharmaceuticals Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 281,714 224,319 329,173 487,432 386,822 499,172 -
Change - -20.37% 46.74% 48.08% -20.64% 29.04% -
Enterprise Value (EV) 256,351 207,663 329,173 487,432 386,822 499,172 499,172
Change - -18.99% 58.51% 48.08% -20.64% 29.04% 0%
P/E 16.6x 36.7x 55.8x 52.5x 37.3x 42.8x 37.2x
PBR 10.6x 12.9x 18.5x 25x 17.1x 18.8x 15.8x
PEG - -0.6x -16.49x 0.9x 3.2x 3.4x 2.5x
Capitalization / Revenue 8.59x 6.9x 9.53x 13x 10.1x 11.7x 10.6x
EV / Revenue 0x 0x 0x 0x 0x 11.7x 10.6x
EV / EBITDA 0x 0x 0x 0x 0x 33.6x 29.2x
EV / EBIT 0x 0x 0x 0x 0x 34x 29.2x
EV / FCF 0x 0x 0x 0x 0x 41.6x 37.9x
FCF Yield 2.75% 1.96% 1.67% 2.6% 2.19% 2.4% 2.64%
Dividend per Share 2 30 32 32 42 57 29.5 29.5
Rate of return 1.8% 2.42% 1.65% 1.46% 2.5% 1% 1%
EPS 2 100 36.05 34.83 54.76 61.15 68.78 79.18
Distribution rate 30% 88.8% 91.9% 76.7% 93.2% 42.9% 37.3%
Net sales 1 32,780 32,517 34,537 37,492 38,217 42,568 47,241
EBITDA 1 8,273 8,043 9,087 11,774 13,092 14,836 17,070
EBIT 1 7,592 7,385 8,390 11,106 12,428 14,698 17,112
Net income 1 16,947 6,107 5,900 9,276 10,360 11,654 13,418
Net Debt -25,363 -16,656 - - - - -
Reference price 2 1,662.95 1,324.15 1,943.10 2,877.30 2,283.40 2,946.60 2,946.60
Nbr of stocks (in thousands) 169,406 169,406 169,406 169,406 169,406 169,406 -
Announcement Date 5/16/22 5/17/23 5/17/24 5/13/25 5/13/26 - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
43.7x - - 0.99% 5.35B
33.02x11.99x24.3x0.6% 1,034B
29.7x - - 1.98% 654B
33.18x7.69x15.99x2.64% 459B
19.36x4.61x11.42x2.88% 343B
22.91x5.89x14.6x2.71% 307B
20.82x4.27x12.21x2.06% 251B
27.71x7.15x12.7x2.3% 237B
13.18x4.74x9.88x3.82% 202B
-45.81x6.6x25.78x2.2% 186B
Average 19.78x 6.62x 15.86x 2.22% 367.69B
Weighted average by Cap. 24.10x 8.04x 17.80x 1.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. 500660 Stock
  4. Valuation GlaxoSmithKline Pharmaceuticals Limited