ANIK INDUSTRIES
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The Current P/E Ratio of ANIK INDUSTRIES is -301.72.
Share Price | ₹91.0 | Jan 27,2025 |
Market Cap | ₹252.8 Cr | |
Earnings-TTM | ₹-0.8 Cr | TTM-Consolidated Results |
Price/Earnings | -301.72x | 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 [ ₹252.8 Cr] as on Jan 27,2025
(/) Earnings [ ₹-0.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -301.72x ]
Thus, for ANIK INDUSTRIES , the investors are currently willing to pay -301.72 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 | -301.72 | 252.8 |
NESTLE INDIA LTD | 3,322.74 | 63.11 | 209,690.0 |
VARUN BEVERAGES LTD | 2,582.99 | 68.72 | 177,512.0 |
BRITANNIA INDUSTRIES LTD | 2,137.89 | 58.27 | 124,582.0 |
MARICO LTD | 1,613.00 | 52.67 | 84,948.9 |
JUBILANT FOODWORKS LTD | 390.13 | 107.97 | 42,121.2 |
HATSUN AGRO PRODUCT LTD | 287.96 | 73.84 | 21,262.4 |
DEVYANI INTERNATIONAL LTD | -26.37 | -755.83 | 19,927.5 |
BIKAJI FOODS INTERNATIONAL LTD | 288.92 | 56.11 | 16,211.0 |
SAPPHIRE FOODS INDIA LTD | 13.82 | 684.34 | 9,457.0 |
GODREJ AGROVET LTD | 325.40 | 41.39 | 13,468.9 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs ANIK INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -755.83x |
Max industry PE | 684.34x |
Median industry PE | 58.27x |
Average industry PE | 13.53x |
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