Valuation · at the close on 16 Oct 2026

Otsuka Pakistan Limited (OTSU) valuation

At Rs 376.00 (close on 16 Oct 2026) OTSU trades at 9.6× earnings (FY2026), below its five-year average of 50.2× and below the Pharmaceuticals median of 12.3×. The shares are priced at 3.92× book value (sector median 3.03×). Enterprise value of Rs 5.0 bn is 5.4× EBITDA.

P/E · today

9.6×

FY2026

5-yr average50.2× Sector median12.3×

P/B · today

3.92×

FY2026

5-yr average3.35× Sector median3.03×

EV/EBITDA · today

5.4×

5-yr average8.4× Sector median6.6×

Dividend yield · today

0.0%

FY2026

5-yr average0.3% Payers' median4.7%

Market value Rs 4.5 bn at Rs 376.00. Sector medians use the latest close of 14 Pharmaceuticals companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

Valuation history

At each fiscal year-end price.

5 10 All

OTSU valuation history (annual) (Rs mn)

Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011
Market capitalisation	4,416.5	3,561.2	1,416.5	876.0	2,942.0	3,630.0	4,089.8	2,336.6	3,424.9	3,222.6	832.8	1,045.0	682.1	450.0	358.5	325.0
Enterprise value	4,830.0	4,265.8	2,081.1	1,812.9	3,389.3	3,990.5	5,612.5	3,804.2	4,786.3	4,513.0	2,360.2	2,434.5	1,935.7	1,164.6	936.9	702.1
Share price (period end) Rs	365.00	294.31	117.07	72.40	243.14	300.00	338.00	193.11	283.05	266.33	68.83	86.36	56.37	37.19	29.63	26.86
P/E (diluted)	9.35×	128.67×	—	—	12.69×	9.40×	44.91×	—	52.44×	29.35×	—	—	—	—	3.82×	7.39×
Price to book	3.80×	5.12×	2.10×	1.26×	4.13×	7.25×	35.02×	99.62×	16.89×	23.37×	28.25×	7.36×	2.35×	0.84×	0.65×	0.70×
Price to sales	1.07×	0.94×	0.45×	0.29×	1.03×	1.43×	1.84×	1.24×	1.83×	1.76×	0.54×	0.72×	0.63×	0.36×	0.22×	0.22×
EV / EBITDA	5.25×	17.09×	10.08×	16.10×	7.30×	6.82×	17.68×	—	17.74×	13.27×	193.18×	71.88×	—	10.81×	5.26×	7.39×
EV / Sales	1.17×	1.13×	0.66×	0.60×	1.19×	1.57×	2.52×	2.02×	2.56×	2.47×	1.52×	1.68×	1.80×	0.90×	0.59×	0.47×
Dividend yield (gross)	0.0%	0.0%	1.3%	0.0%	0.6%	0.0%	0.0%	0.6%	0.0%	0.0%	0.0%	0.0%	0.0%	2.2%	3.5%	4.6%
Free cash flow yield	3.7%	2.4%	14.9%	(43.3%)	(1.4%)	15.8%	4.1%	(3.5%)	0.6%	10.5%	(19.2%)	(15.8%)	(71.9%)	(31.3%)	(52.4%)	5.0%
PEG ratio	0.01×	0.19×	—	—	(0.32×)	0.03×	0.30×	—	(1.29×)	0.15×	—	—	—	—	0.03×	—
P/E (diluted, normalised)	9.35×	128.67×	—	—	12.69×	9.24×	44.91×	—	52.44×	29.35×	—	—	—	—	3.82×	7.39×
Price to book — 5-year average	3.35×	3.78×	4.79×	6.76×	10.55×	17.01×	27.25×	20.28×	11.48×	5.49×	2.18×	1.44×	—	—	—	—
EV / EBITDA — 5-year average	8.39×	9.61×	10.02×	12.95×	13.54×	15.44×	23.47×	29.14×	30.61×	34.31×	44.22×	25.40×	—	—	—	—
Dividend yield — 5-year average	0.3%	0.3%	0.3%	0.2%	0.2%	0.1%	0.1%	0.1%	0.0%	0.2%	0.7%	1.3%	—	—	—	—

OTSU valuation: frequently asked questions

What is OTSU's P/E ratio? +

At the closing price of Rs 376.00 on 16 Oct 2026, OTSU trades at a P/E of 9.6× based on EPS of Rs 39.02 (FY2026).

What is OTSU's book value per share? +

Otsuka Pakistan Limited's book value per share was Rs 95.95 at the end of FY2026. The shares trade at 3.92× book value.

Information only, not investment advice.