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ACME RESOURCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ACME RESOURCES is 77.33.

Share Price ₹40.2Jan 13,2025
Market Cap ₹103.3 Cr
Earnings-TTM₹1.3 CrTTM-Standalone Results
Price/Earnings77.33xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ACME RESOURCES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of ACME RESOURCES is calculated as :

Current Market Cap [ ₹103.3 Cr] as on Jan 13,2025

(/) Earnings [ ₹1.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 77.33x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ACME RESOURCES , the investors are currently willing to pay 77.33 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ACME RESOURCES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of ACME RESOURCES over the last five years.

Historical PE (Price/Earnings) ratio chart of ACME RESOURCES


PE Ratio Performance Analysis for ACME RESOURCES

- ACME RESOURCES 's latest p/e ratio is 77.33x.

- ACME RESOURCES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.42x.

- ACME RESOURCES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ACME RESOURCES 's p/e ratio peaked in Mar2022 at 38.9x.

- ACME RESOURCES 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does ACME RESOURCES 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ACME RESOURCES 1.3477.33103.3
BAJAJ FINANCE LTD15,378.6028.81443,098.0
BAJAJ HOLDINGS & INVESTMENT LTD1,493.1076.85114,739.0
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,834.9026.81102,831.0
SHRIRAM FINANCE LTD7,942.5512.3397,925.7
SBI CARDS AND PAYMENT SERVICES LTD2,210.3230.6867,817.2
MUTHOOT FINANCE LTD4,844.4717.3584,068.5
ADITYA BIRLA CAPITAL LTD3,494.5512.6644,232.4
SUNDARAM FINANCE LTD1,594.9131.3049,912.9
L&T FINANCE HOLDINGS LTD2,574.3212.6432,550.2
POONAWALLA FINCORP LTD417.4456.3523,522.6

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs ACME RESOURCES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.33x
Max industry PE 77.33x
Median industry PE 28.81x
Average industry PE 34.83x



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