APOLLO PIPES
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The Current P/E Ratio of APOLLO PIPES is 67.91.
| Share Price | ₹477.7 | Dec 24,2024 |
| Market Cap | ₹2,101.9 Cr | |
| Earnings-TTM | ₹31.0 Cr | TTM-Standalone Results |
| Price/Earnings | 67.91x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of APOLLO PIPES
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)
Current Market Cap [ ₹2,101.9 Cr] as on Dec 24,2024
(/) Earnings [ ₹31.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 67.91x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for APOLLO PIPES , the investors are currently willing to pay 67.91 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 APOLLO PIPES !
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 APOLLO PIPES over the last five years.
Thus, for APOLLO PIPES , the investors are currently willing to pay 67.91 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 APOLLO PIPES !
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 APOLLO PIPES over the last five years.
Historical PE (Price/Earnings) ratio chart of APOLLO PIPES
PE Ratio Performance Analysis for APOLLO PIPES
- APOLLO PIPES 's latest p/e ratio is 67.91x.
- APOLLO PIPES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 40.16x.
- APOLLO PIPES 's operated at median p/e ratio of 38.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO PIPES 's p/e ratio peaked in Mar2023 at 90.15x.
- APOLLO PIPES 's p/e ratio hit its five-year low in Mar2020 of 3.7x.
- APOLLO PIPES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 40.16x.
- APOLLO PIPES 's operated at median p/e ratio of 38.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO PIPES 's p/e ratio peaked in Mar2023 at 90.15x.
- APOLLO PIPES 's p/e ratio hit its five-year low in Mar2020 of 3.7x.
How does APOLLO PIPES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
| Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| APOLLO PIPES | 30.95 | 67.91 | 2,101.9 |
| ASTRAL LTD | 522.90 | 87.03 | 45,508.1 |
| SUPREME INDUSTRIES LTD | 964.11 | 62.79 | 60,540.4 |
| FINOLEX INDUSTRIES LTD | 777.44 | 19.34 | 15,034.2 |
| RESPONSIVE INDUSTRIES LTD | 188.24 | 35.80 | 6,739.9 |
| PRINCE PIPES AND FITTINGS LTD | 131.66 | 34.03 | 4,480.5 |
| EPL LTD | 256.60 | 33.15 | 8,505.1 |
| JAI CORP LTD | 67.80 | 81.93 | 5,554.7 |
| TIME TECHNOPLAST LTD | 367.61 | 30.07 | 11,054.8 |
| GARWARE HITECH FILMS LTD | 306.30 | 39.09 | 11,972.0 |
| JAIN IRRIGATION SYSTEMS LTD | 36.76 | 122.13 | 4,489.4 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs APOLLO PIPES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 19.34x |
| Max industry PE | 122.13x |
| Median industry PE | 39.09x |
| Average industry PE | 55.75x |
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