APCOTEX INDUSTRIES
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The Current P/E Ratio of APCOTEX INDUSTRIES is 38.67.
Share Price | ₹389.6 | Nov 25,2024 |
Market Cap | ₹2,018.1 Cr | |
Earnings-TTM | ₹52.2 Cr | TTM-Standalone Results |
Price/Earnings | 38.67x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of APCOTEX INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,018.1 Cr] as on Nov 25,2024
(/) Earnings [ ₹52.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 38.67x ]
Thus, for APCOTEX INDUSTRIES , the investors are currently willing to pay 38.67 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 APCOTEX 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 APCOTEX INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of APCOTEX INDUSTRIES
PE Ratio Performance Analysis for APCOTEX INDUSTRIES
- APCOTEX INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.04x.
- APCOTEX INDUSTRIES 's operated at median p/e ratio of 23.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APCOTEX INDUSTRIES 's p/e ratio peaked in Mar2024 at 42.4x.
- APCOTEX INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 18.7x.
How does APCOTEX INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Rubber Products Industry?
Peer Comparison (Rubber Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
APCOTEX INDUSTRIES | 52.20 | 38.67 | 2,018.1 |
PIX TRANSMISSIONS LTD | 114.44 | 27.22 | 3,114.9 |
GRP LTD | 22.86 | 75.47 | 1,725.2 |
RUBFILA INTERNATIONAL LTD | 23.09 | 17.38 | 401.2 |
INDAG RUBBER LTD | 12.99 | 38.54 | 500.5 |
CAPTAIN PIPES LTD | 4.35 | 48.99 | 213.1 |
SOMI CONVEYOR BELTINGS LTD | 5.76 | 36.96 | 212.8 |
DOLFIN RUBBERS LTD | 5.29 | 37.87 | 200.3 |
Rubber Products Industry Benchmark (Top 10) PE Analysis vs APCOTEX INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.38x |
Max industry PE | 75.47x |
Median industry PE | 38.54x |
Average industry PE | 40.14x |
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