ANIK INDUSTRIES
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The Current P/E Ratio of ANIK INDUSTRIES is -335.23.
Share Price | ₹101.1 | Jan 21,2025 |
Market Cap | ₹280.9 Cr | |
Earnings-TTM | ₹-0.8 Cr | TTM-Consolidated Results |
Price/Earnings | -335.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ANIK INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹280.9 Cr] as on Jan 21,2025
(/) Earnings [ ₹-0.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -335.23x ]
Thus, for ANIK INDUSTRIES , the investors are currently willing to pay -335.23 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 ANIK INDUSTRIES !
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 ANIK INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of ANIK INDUSTRIES
PE Ratio Performance Analysis for ANIK INDUSTRIES
- ANIK INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 85.15x.
- ANIK INDUSTRIES 's operated at median p/e ratio of 8.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ANIK INDUSTRIES 's p/e ratio peaked in Mar2024 at 392.21x.
- ANIK INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does ANIK INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ANIK INDUSTRIES | -0.84 | -335.23 | 280.9 |
NESTLE INDIA LTD | 3,322.74 | 63.72 | 211,719.0 |
VARUN BEVERAGES LTD | 2,582.99 | 70.86 | 183,024.0 |
BRITANNIA INDUSTRIES LTD | 2,137.89 | 55.26 | 118,136.0 |
MARICO LTD | 1,613.00 | 53.28 | 85,933.3 |
JUBILANT FOODWORKS LTD | 390.13 | 113.92 | 44,443.9 |
HATSUN AGRO PRODUCT LTD | 287.96 | 73.36 | 21,124.3 |
DEVYANI INTERNATIONAL LTD | -26.37 | -821.03 | 21,646.4 |
BIKAJI FOODS INTERNATIONAL LTD | 288.92 | 60.55 | 17,494.2 |
SAPPHIRE FOODS INDIA LTD | 13.82 | 722.32 | 9,981.7 |
GODREJ AGROVET LTD | 325.40 | 42.38 | 13,789.0 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs ANIK INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -821.03x |
Max industry PE | 722.32x |
Median industry PE | 60.55x |
Average industry PE | 9.03x |
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