Abbott India vs Boston Scientific Which Is More Profitable?

Abbott India Limited and Boston Scientific Corporation are two prominent players in the healthcare industry with a focus on pharmaceuticals and medical devices, respectively. Both companies have shown strong performance and growth potential in the market, attracting the attention of investors. Abbott India is known for its diversified product portfolio and strong presence in the Indian market, while Boston Scientific is recognized for its innovative medical technologies. Investors are closely monitoring these stocks for potential opportunities in the healthcare sector.

Abbott India or Boston Scientific?

When comparing Abbott India and Boston Scientific, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Abbott India and Boston Scientific.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Abbott India has a dividend yield of 1.43%, while Boston Scientific has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Abbott India reports a 5-year dividend growth of 96.10% year and a payout ratio of 0.00%. On the other hand, Boston Scientific reports a 5-year dividend growth of 0.00% year and a payout ratio of 1.29%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Abbott India P/E ratio at 47.55 and Boston Scientific's P/E ratio at 74.43. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Abbott India P/B ratio is 17.35 while Boston Scientific's P/B ratio is 6.43.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Abbott India has seen a 5-year revenue growth of 0.59%, while Boston Scientific's is 0.38%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Abbott India's ROE at 38.24% and Boston Scientific's ROE at 8.91%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are ₹28573.75 for Abbott India and $90.32 for Boston Scientific. Over the past year, Abbott India's prices ranged from ₹22000.00 to ₹30521.00, with a yearly change of 38.73%. Boston Scientific's prices fluctuated between $54.95 and $91.93, with a yearly change of 67.30%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.