Revised formula (with respect to the 1968 version)
| Company name | Z-score (revised formula) | |||||
|---|---|---|---|---|---|---|
| March 2019 | March 2018 | March 2017 | March 2016 | March 2015 | March 2014 | |
| Sun Pharma | 2.89 | 2.77 | 3.77 | 4.25 | 4.69 | 4.93 |
| Cipla | 3.39 | 3.32 | 3.41 | 2.93 | 4.10 | 3.60 |
| Lupin | 2.56 | 2.51 | 3.60 | 3.88 | 7.30 | 5.88 |
| Dr Reddy | 3.42 | 2.75 | 2.96 | 3.95 | 4.35 | 4.08 |
| Aurobindo | 3.11 | 3.22 | 4.02 | 3.96 | 3.95 | 3.16 |
| Company name | ||||||
|---|---|---|---|---|---|---|
| March 2019 | March 2018 | March 2017 | March 2016 | March 2015 | March 2014 | |
| Sun Pharma | 2.89 | 2.77 | 3.77 | 4.25 | 4.69 | 4.93 |
| Cipla | 3.39 | 3.32 | 3.41 | 2.93 | 4.10 | 3.60 |
| Lupin | 2.56 | 2.51 | 3.60 | 3.88 | 7.30 | 5.88 |
| Dr Reddy | 3.42 | 2.75 | 2.96 | 3.95 | 4.35 | 4.08 |
| Aurobindo | 3.11 | 3.22 | 4.02 | 3.96 | 3.95 | 3.16 |
Source(s): Calculations on data from ValueResearch.com
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.