RDY vs BHC vs VTRS Stock Comparison

Dr Reddys Laboratories, Bausch Health Companies and Viatris Prices as of Oct 26, 2026 Peers: Industry group
VTRS Viatris Inc
$18.29 +2.6% 1M +76.7% 1Y
Market cap
$21.01B
P/E
–
Revenue (TTM)
$14.74B
Div. yield
2.62%
Generic Drugs Healthcare
5 wins

Head to Head

11 decided of 12

Viatris leads on 5 of the 12 questions below (Viatris 5, Dr Reddys Laboratories 4, Bausch Health Companies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRDYBHCVTRSLeader
Larger companyMarket capitalisation $11.48B $2.38B $21.01B VTRS
Cheaper on earningsLower P/E, profitable companies only 31.5x -2.2x -51.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.9x 1.3x 7.0x BHC
Faster revenue growthRevenue growth, trailing twelve months -10.5% +10.1% +4.4% BHC
More profitableNet margin, trailing twelve months 10.2% -10.1% -2.8% RDY
Better return on capitalReturn on invested capital 5.6% 4.6% -0.2% RDY
Less leveragedLower net debt / EBITDA 1.2x 8.9x 4.6x RDY
Higher dividend yieldTrailing dividend yield 0.58% 0.00% 2.62% VTRS
Better 1-year returnPrice return, last 12 months -5.6% +2.6% +76.7% VTRS
Better 5-year returnAnnualised price return, 5 years +2.3%/yr -25.5%/yr +6.9%/yr VTRS
Less volatileAnnualised volatility, 1 year 27.6% 54.8% 32.4% RDY
Higher overall scoreMean of the five percentile scores vs peers 58/100 60/100 66/100 VTRS

Percentile Scorecard

RDYBHCVTRS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisRDYBHCVTRS
Valuation 91 #57 of 626 99 #9 of 626 93 #42 of 626
Growth 10 #546 of 604 44 #341 of 604 47 #318 of 604
Profitability 83 #95 of 555 84 #90 of 555 81 #106 of 555
Financial Health 44 #371 of 658 15 #561 of 658 23 #510 of 658
Shareholder Returns 64 #135 of 368 – 87 #49 of 368
Overall 58 60 66
  • RDY ranked among 673 companies in Pharmaceuticals and Biotechnology
  • BHC ranked among 673 companies in Pharmaceuticals and Biotechnology
  • VTRS ranked among 673 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodRDYBHCVTRSSPY
1 month +12.2%+11.8%+2.6% -0.8%
3 months +16.9%+41.6%+3.7% +3.5%
6 months -1.5%+14.0%+23.5% +7.0%
Year to date -2.0%-8.5%+46.9% +12.2%
1 year -5.6%+2.6%+76.7% +13.0%
3 years +5.8%-3.2%+108.6% +86.3%
3 years, per year +1.9%-1.1%+27.8% +23.1%
5 years +12.2%-77.1%+39.6% +68.6%
5 years, per year +2.3%-25.5%+6.9% +11.0%
10 years +41.7%-70.9%-52.0% +258.0%
10 years, per year +3.5%-11.6%-7.1% +13.6%

Risk

MeasureRDYBHCVTRSSPY
Volatility, 1Y 27.6%54.8%32.4% 12.7%
Downside volatility, 1Y 30.5%48.0%29.6% 12.7%
Beta vs S&P 500, 1Y 0.280.880.70 1.00
Return / volatility, 1Y -0.200.052.37 1.02
Max drawdown, 5Y -32.3%-84.9%-52.9% -25.4%
From 52-week high -10.5%-19.5%-2.0% -1.8%
52-week high $15.38$7.90$18.66 $779.14
52-week low $11.40$4.43$10.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleRDYBHCVTRS
P/E now vs peer median 31.5xmedian 17.1x -2.2xmedian 17.1x -51.8xmedian 17.1x
P/S now vs peer median 3.2xmedian 8.8x 0.2xmedian 8.8x 1.4xmedian 8.8x
EV/EBITDA now vs peer median 22.9xmedian 17.1x 10.0xmedian 17.1x 12.3xmedian 17.1x
P/FCF now vs peer median 822.9xmedian 18.0x 1.7xmedian 18.0x 10.7xmedian 18.0x
P/B now vs peer median 2.8xmedian 2.1x -1.3xmedian 2.1x 1.5xmedian 2.1x
PEG now vs peer median -1.48median 0.31 0.03median 0.31 1.69median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsRDYBHCVTRS
Revenue $3.56B $10.85B $14.74B
Gross profit $1.76B $7.80B $5.13B
Operating income $347.04M $883.00M -$87.30M
Net income $299.19M -$1.10B -$410.70M
Free cash flow $13.96M $1.43B $1.95B
R&D $244.48M $663.00M $1.02B
EPS (diluted) $0.44 $-2.90 $-0.35
Cash & equivalents $138.41M $1.83B $886.50M
Total debt $752.59M $20.74B $13.35B
Shares (diluted) 833.33M 378.10M 1.16B
Enterprise value $10.86B -$2.39B $16.02B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricRDYBHCVTRS
P/E 31.5x -2.2x -51.8x
P/FCF 822.9x 1.7x 10.7x
P/Operating cash flow 33.8x 1.3x 9.0x
P/S 3.2x 0.2x 1.4x
P/B 2.8x -1.3x 1.5x
P/Tangible book 3.9x -0.4x 36.0x
EV/EBITDA 22.9x 10.0x 12.3x
EV/EBIT 34.9x 24.1x -383.4x
EV/Revenue 3.4x 2.0x 2.3x
EV/FCF 866.9x 14.9x 17.1x
EV/Operating cash flow 35.6x 11.8x 14.4x
PEG (3Y EPS CAGR) -1.48 0.03 1.69

Growth

14 metrics
MetricRDYBHCVTRS
Revenue growth (1Y) -10.5% 10.1% 4.4%
Revenue CAGR (3Y) 3.2% 9.1% -1.9%
Gross profit growth (1Y) -21.5% 11.8% -0.7%
Gross profit CAGR (3Y) -2.3% 9.8% -6.0%
Operating income growth (1Y) -58.2% -44.7% 96.6%
Operating income CAGR (3Y) -24.1% 14.1% -27.6%
Net income growth (1Y) -55.9% -1,721% 88.2%
Net income CAGR (3Y) -21.5% -76.0% -30.5%
EPS growth (1Y) -54.1% -1,206% 88.1%
EPS CAGR (3Y) -21.3% -79.0% -30.6%
Operating cash flow growth (1Y) -39.6% 19.5% 12.9%
Operating cash flow CAGR (3Y) -27.1% 83.8% -3.0%
Free cash flow growth (1Y) -98.4% 28.3% 11.6%
Free cash flow CAGR (3Y) -73.6% 62.6% -3.6%

Profitability

14 metrics
MetricRDYBHCVTRS
Gross margin 49.5% 71.8% 34.8%
EBITDA margin 14.9% 19.6% 18.4%
Operating margin 9.7% 8.1% -0.6%
Pretax margin 10.7% -6.7% -4.5%
Net margin 10.2% -10.1% -2.8%
FCF margin 0.4% 13.2% 13.3%
Operating cash flow margin 9.5% 16.6% 15.8%
Return on equity 7.4% – -2.8%
Return on assets 5.0% -4.4% -1.1%
Return on invested capital 5.6% 4.6% -0.2%
Return on capital employed 7.9% 4.4% -0.3%
Asset turnover 0.6x 0.4x 0.4x
Cash conversion (OCF / net income) 1.1x -1.6x -5.7x
Stock comp / revenue 0.1% 2.1% 1.2%

Financial Health

11 metrics
MetricRDYBHCVTRS
Debt / assets 12.6% 83.7% 38.1%
Debt / equity 0.2x -11.7x 0.9x
Net debt / EBITDA 1.2x 8.9x 4.6x
Debt / FCF 53.9x 14.5x 6.8x
Liabilities / assets 32.2% 107.1% 59.3%
Equity / assets 67.8% -7.1% 40.7%
Interest coverage 7.2x 0.5x -0.2x
Current ratio 1.9x 1.4x 1.6x
Quick ratio 0.7x 0.9x 0.7x
Cash ratio 0.1x 0.4x 0.1x
Altman Z-score 5.54 0.09 1.13

Shareholder Returns

7 metrics
MetricRDYBHCVTRS
Dividend yield 0.6% – 2.6%
Net buyback yield -0.1% – 1.4%
Shareholder yield 0.5% 0.0% 4.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusRDYBHCVTRS
Forward P/E 29.9xFY2026 1.3xFY2026 7.0xFY2026
EPS, next fiscal year $0.46FY2026 $4.83FY2026 $2.62FY2026
EPS growth, next FY -14.8%FY2026 +26.1%FY2026 +11.5%FY2026
EPS growth, the year after +21.7% -13.3% -1.9%
Revenue, next fiscal year $3.79BFY2026 $11.40BFY2026 $15.31BFY2026
Revenue growth, next FY +7.9%FY2026 +11.5%FY2026 +7.0%FY2026
Revenue growth, the year after +3.3% -0.5% -5.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRDYBHCVTRS
Held by institutions 15.1% 63.3% 89.9%
Institutions holding 238 221 1,028
Change in shares held, QoQ +4.3% +1.9% +5.6%
Institutions buying 107 99 486
Institutions selling 97 63 318
Buyers to sellers 1.10 1.57 1.53

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

RDYBHCVTRS
RDY 1.00 0.12 0.27
BHC 0.12 1.00 0.21
VTRS 0.27 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RDY, BHC and VTRS?

Viatris (VTRS) is the largest by market capitalisation: Dr Reddys Laboratories (RDY) $11.48B, Bausch Health Companies (BHC) $2.38B, Viatris (VTRS) $21.01B.

Which company is growing faster?

Bausch Health Companies (BHC) grew revenue fastest over the trailing twelve months: Dr Reddys Laboratories (RDY) -10.5%, Bausch Health Companies (BHC) +10.1%, Viatris (VTRS) +4.4%.

Which company is more profitable?

Dr Reddys Laboratories (RDY) has the highest net margin (Dr Reddys Laboratories (RDY) 10.2%, Bausch Health Companies (BHC) -10.1%, Viatris (VTRS) -2.8%). On return on invested capital, Dr Reddys Laboratories (RDY) leads (Dr Reddys Laboratories (RDY) 5.6%, Bausch Health Companies (BHC) 4.6%, Viatris (VTRS) -0.2%).

Which stock has performed better?

Over the past year Viatris (VTRS) returned the most: Dr Reddys Laboratories (RDY) -5.6%, Bausch Health Companies (BHC) +2.6%, Viatris (VTRS) +76.7%. Over five years, Viatris (VTRS) compounded fastest (Dr Reddys Laboratories (RDY) +2.3%/yr, Bausch Health Companies (BHC) -25.5%/yr, Viatris (VTRS) +6.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Viatris (VTRS) has the highest dividend yield: Dr Reddys Laboratories (RDY) 0.58%, Bausch Health Companies (BHC) 0.00%, Viatris (VTRS) 2.62%. Bausch Health Companies (BHC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dr Reddys Laboratories (RDY) has been the steadiest (Dr Reddys Laboratories (RDY) 27.6%, Bausch Health Companies (BHC) 54.8%, Viatris (VTRS) 32.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, RDY, BHC and VTRS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Viatris (VTRS) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.