VTRS vs RDY vs ELTP Stock Comparison

Viatris, Dr Reddys Laboratories and Elite Pharmaceuticals Prices as of Oct 27, 2026 Peers: Industry group
VTRS Viatris Inc
$18.72 +5.0% 1M +79.7% 1Y
Market cap
$21.50B
P/E
–
Revenue (TTM)
$14.74B
Div. yield
2.56%
Generic Drugs Healthcare
4 wins

Head to Head

12 decided of 12

Elite Pharmaceuticals leads on 7 of the 12 questions below (Elite Pharmaceuticals 7, Viatris 4, Dr Reddys Laboratories 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionVTRSRDYELTPLeader
Larger companyMarket capitalisation $21.50B $11.48B $258.51M VTRS
Cheaper on earningsLower P/E, profitable companies only -53.0x 31.5x 4.6x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.1x 28.6x — VTRS
Faster revenue growthRevenue growth, trailing twelve months +4.4% -10.5% +33.7% ELTP
More profitableNet margin, trailing twelve months -2.8% 10.2% 40.2% ELTP
Better return on capitalReturn on invested capital -0.2% 5.6% 29.2% ELTP
Less leveragedLower net debt / EBITDA 4.6x 1.2x -1.0x ELTP
Higher dividend yieldTrailing dividend yield 2.56% 0.58% — VTRS
Better 1-year returnPrice return, last 12 months +79.7% -5.0% -61.3% VTRS
Better 5-year returnAnnualised price return, 5 years +7.0%/yr +2.4%/yr +43.1%/yr ELTP
Less volatileAnnualised volatility, 1 year 32.4% 27.5% 57.4% RDY
Higher overall scoreMean of the five percentile scores vs peers 66/100 58/100 88/100 ELTP

Percentile Scorecard

VTRSRDYELTP

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

AxisVTRSRDYELTP
Valuation 93 #44 of 625 91 #56 of 625 98 #14 of 625
Growth 48 #314 of 602 10 #542 of 602 91 #54 of 602
Profitability 81 #104 of 551 83 #93 of 551 91 #50 of 551
Financial Health 23 #508 of 656 44 #370 of 656 76 #157 of 656
Shareholder Returns 85 #54 of 365 62 #140 of 365 86 #52 of 365
Overall 66 58 88
  • VTRS ranked among 672 companies in Pharmaceuticals and Biotechnology
  • RDY ranked among 672 companies in Pharmaceuticals and Biotechnology
  • ELTP ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodVTRSRDYELTPSPY
1 month +5.0%+12.2%-7.7% -0.2%
3 months +4.8%+17.1%-36.8% +3.9%
6 months +26.3%-2.0%-31.4% +8.2%
Year to date +50.4%-2.1%-51.0% +12.9%
1 year +79.7%-5.0%-61.3% +12.3%
3 years +113.5%+5.7%+100.0% +87.4%
3 years, per year +28.8%+1.9%+26.0% +23.3%
5 years +40.4%+12.6%+500.0% +67.9%
5 years, per year +7.0%+2.4%+43.1% +10.9%
10 years -50.8%+39.3%+41.2% +261.1%
10 years, per year -6.8%+3.4%+3.5% +13.7%

Risk

MeasureVTRSRDYELTPSPY
Volatility, 1Y 32.4%27.5%57.4% 12.7%
Downside volatility, 1Y 29.6%30.3%71.6% 12.7%
Beta vs S&P 500, 1Y 0.700.280.69 1.00
Return / volatility, 1Y 2.46-0.18-1.07 0.97
Max drawdown, 5Y -52.9%-32.3%-71.4% -25.4%
From 52-week high 0.0%-10.6%-64.7% -1.2%
52-week high $18.72$15.38$0.68 $779.14
52-week low $10.11$11.40$0.22 $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.

MultipleVTRSRDYELTP
P/E now vs peer median -53.0xmedian 17.2x 31.5xmedian 17.2x 4.6xmedian 17.2x
P/S now vs peer median 1.5xmedian 9.0x 3.2xmedian 9.0x 1.8xmedian 9.0x
EV/EBITDA now vs peer median 12.5xmedian 16.3x 22.9xmedian 16.3x 6.1xmedian 16.3x
P/FCF now vs peer median 11.0xmedian 18.7x 822.3xmedian 18.7x 14.8xmedian 18.7x
P/B now vs peer median 1.5xmedian 2.2x 2.8xmedian 2.2x 2.5xmedian 2.2x
PEG now vs peer median 1.73median 0.33 -1.48median 0.33 0.04median 0.33

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 monthsVTRSRDYELTP
Revenue $14.74B $3.56B $141.01M
Gross profit $5.13B $1.76B $61.31M
Operating income -$87.30M $347.04M $34.94M
Net income -$410.70M $299.19M $56.67M
Free cash flow $1.95B $13.96M $17.53M
R&D $1.02B $244.48M $6.10M
EPS (diluted) $-0.35 $0.44 $0.05
Cash & equivalents $886.50M $138.41M $39.42M
Total debt $13.35B $752.59M $9.58M
Shares (diluted) 1.16B 833.33M 1.13B
Enterprise value $16.51B $10.85B $140.18M

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
MetricVTRSRDYELTP
P/E -53.0x 31.5x 4.6x
P/FCF 11.0x 822.3x 14.8x
P/Operating cash flow 9.2x 33.8x 13.6x
P/S 1.5x 3.2x 1.8x
P/B 1.5x 2.8x 2.5x
P/Tangible book 36.8x 3.9x 2.6x
EV/EBITDA 12.5x 22.9x 6.1x
EV/EBIT -389.1x 34.8x 6.3x
EV/Revenue 2.3x 3.4x 1.6x
EV/FCF 17.4x 866.3x 12.6x
EV/Operating cash flow 14.6x 35.6x 11.6x
PEG (3Y EPS CAGR) 1.73 -1.48 0.04

Growth

14 metrics
MetricVTRSRDYELTP
Revenue growth (1Y) 4.4% -10.5% 33.7%
Revenue CAGR (3Y) -1.9% 3.2% 58.4%
Gross profit growth (1Y) -0.7% -21.5% 4.2%
Gross profit CAGR (3Y) -6.0% -2.3% 53.5%
Operating income growth (1Y) 96.6% -58.2% -6.7%
Operating income CAGR (3Y) -27.6% -24.1% 101.7%
Net income growth (1Y) 88.2% -55.9% 624.0%
Net income CAGR (3Y) -30.5% -21.5% 134.4%
EPS growth (1Y) 88.1% -54.1% 596.0%
EPS CAGR (3Y) -30.6% -21.3% 118.3%
Operating cash flow growth (1Y) 12.9% -39.6% -0.2%
Operating cash flow CAGR (3Y) -3.0% -27.1% 152.2%
Free cash flow growth (1Y) 11.6% -98.4% -2.8%
Free cash flow CAGR (3Y) -3.6% -73.6% 81.0%

Profitability

14 metrics
MetricVTRSRDYELTP
Gross margin 34.8% 49.5% 43.5%
EBITDA margin 18.4% 14.9% 25.9%
Operating margin -0.6% 9.7% 24.8%
Pretax margin -4.5% 10.7% 46.2%
Net margin -2.8% 10.2% 40.2%
FCF margin 13.3% 0.4% 12.4%
Operating cash flow margin 15.8% 9.5% 13.5%
Return on equity -2.8% 7.4% 55.6%
Return on assets -1.1% 5.0% 40.8%
Return on invested capital -0.2% 5.6% 29.2%
Return on capital employed -0.3% 7.9% 32.2%
Asset turnover 0.4x 0.6x 1.0x
Cash conversion (OCF / net income) -5.7x 1.1x 0.3x
Stock comp / revenue 1.2% 0.1% 0.1%

Financial Health

11 metrics
MetricVTRSRDYELTP
Debt / assets 38.1% 12.6% 1.7%
Debt / equity 0.9x 0.2x 0.0x
Net debt / EBITDA 4.6x 1.2x -1.0x
Debt / FCF 6.8x 53.9x 0.1x
Liabilities / assets 59.3% 32.2% 24.9%
Equity / assets 40.7% 67.8% 75.1%
Interest coverage -0.2x 7.2x 69.4x
Current ratio 1.6x 1.9x 3.8x
Quick ratio 0.7x 0.7x 3.0x
Cash ratio 0.1x 0.1x 1.3x
Altman Z-score 1.15 5.53 6.31

Shareholder Returns

7 metrics
MetricVTRSRDYELTP
Dividend yield 2.6% 0.6% –
Net buyback yield 1.4% -0.1% -0.1%
Shareholder yield 4.0% 0.5% -0.1%
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.

ConsensusVTRSRDYELTP
Forward P/E 7.1xFY2026 28.6xFY2026 –
EPS, next fiscal year $2.62FY2026 $0.48FY2026 –
EPS growth, next FY +11.5%FY2026 -11.1%FY2026 –
EPS growth, the year after -1.5% +20.8% –
Revenue, next fiscal year $15.31BFY2026 $3.82BFY2026 –
Revenue growth, next FY +7.0%FY2026 +8.7%FY2026 –
Revenue growth, the year after -4.8% +3.7% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersVTRSRDYELTP
Held by institutions 89.9% 15.1% 0.0%
Institutions holding 1,028 238 1
Change in shares held, QoQ +5.6% +4.3% –
Institutions buying 486 107 1
Institutions selling 318 97 0
Buyers to sellers 1.53 1.10 –

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.

VTRSRDYELTP
VTRS 1.00 0.27 -0.06
RDY 0.27 1.00 0.01
ELTP -0.06 0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, VTRS, RDY and ELTP?

Viatris (VTRS) is the largest by market capitalisation: Viatris (VTRS) $21.50B, Dr Reddys Laboratories (RDY) $11.48B, Elite Pharmaceuticals (ELTP) $258.51M.

Which stock is cheaper, VTRS, RDY and ELTP?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Viatris (VTRS) -53.0x, Dr Reddys Laboratories (RDY) 31.5x, Elite Pharmaceuticals (ELTP) 4.6x). On next year's consensus earnings, Viatris (VTRS) is cheapest (Viatris (VTRS) 7.1x, Dr Reddys Laboratories (RDY) 28.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Elite Pharmaceuticals (ELTP) grew revenue fastest over the trailing twelve months: Viatris (VTRS) +4.4%, Dr Reddys Laboratories (RDY) -10.5%, Elite Pharmaceuticals (ELTP) +33.7%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Viatris (VTRS) -2.8%, Dr Reddys Laboratories (RDY) 10.2%, Elite Pharmaceuticals (ELTP) 40.2%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Viatris (VTRS) -0.2%, Dr Reddys Laboratories (RDY) 5.6%, Elite Pharmaceuticals (ELTP) 29.2%).

Which stock has performed better?

Over the past year Viatris (VTRS) returned the most: Viatris (VTRS) +79.7%, Dr Reddys Laboratories (RDY) -5.0%, Elite Pharmaceuticals (ELTP) -61.3%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Viatris (VTRS) +7.0%/yr, Dr Reddys Laboratories (RDY) +2.4%/yr, Elite Pharmaceuticals (ELTP) +43.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Viatris (VTRS) has the highest dividend yield: Viatris (VTRS) 2.56%, Dr Reddys Laboratories (RDY) 0.58%. Elite Pharmaceuticals (ELTP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dr Reddys Laboratories (RDY) has been the steadiest (Viatris (VTRS) 32.4%, Dr Reddys Laboratories (RDY) 27.5%, Elite Pharmaceuticals (ELTP) 57.4%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Elite Pharmaceuticals (ELTP) leads on 7. 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.