ACME RESOURCES
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The Current P/E Ratio of ACME RESOURCES is 77.33.
Share Price | ₹40.2 | Jan 13,2025 |
Market Cap | ₹103.3 Cr | |
Earnings-TTM | ₹1.3 Cr | TTM-Standalone Results |
Price/Earnings | 77.33x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ACME RESOURCES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ACME RESOURCES | 1.34 | 77.33 | 103.3 |
BAJAJ FINANCE LTD | 15,378.60 | 28.81 | 443,098.0 |
BAJAJ HOLDINGS & INVESTMENT LTD | 1,493.10 | 76.85 | 114,739.0 |
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD | 3,834.90 | 26.81 | 102,831.0 |
SHRIRAM FINANCE LTD | 7,942.55 | 12.33 | 97,925.7 |
SBI CARDS AND PAYMENT SERVICES LTD | 2,210.32 | 30.68 | 67,817.2 |
MUTHOOT FINANCE LTD | 4,844.47 | 17.35 | 84,068.5 |
ADITYA BIRLA CAPITAL LTD | 3,494.55 | 12.66 | 44,232.4 |
SUNDARAM FINANCE LTD | 1,594.91 | 31.30 | 49,912.9 |
L&T FINANCE HOLDINGS LTD | 2,574.32 | 12.64 | 32,550.2 |
POONAWALLA FINCORP LTD | 417.44 | 56.35 | 23,522.6 |
Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs ACME RESOURCES 's P/E Ratio
Top 10 Industry Peers | PE 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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