ASAHI INDIA GLASS
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The Current P/E Ratio of ASAHI INDIA GLASS is 55.39.
Share Price | ₹697.3 | Nov 08,2024 |
Market Cap | ₹16,950.1 Cr | |
Earnings-TTM | ₹306.0 Cr | TTM-Consolidated Results |
Price/Earnings | 55.39x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASAHI INDIA GLASS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹16,950.1 Cr] as on Nov 08,2024
(/) Earnings [ ₹306.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 55.39x ]
Thus, for ASAHI INDIA GLASS , the investors are currently willing to pay 55.39 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 ASAHI INDIA GLASS !
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 ASAHI INDIA GLASS over the last five years.
Historical PE (Price/Earnings) ratio chart of ASAHI INDIA GLASS
PE Ratio Performance Analysis for ASAHI INDIA GLASS
- ASAHI INDIA GLASS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 36.25x.
- ASAHI INDIA GLASS 's operated at median p/e ratio of 30.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASAHI INDIA GLASS 's p/e ratio peaked in Mar2021 at 56.5x.
- ASAHI INDIA GLASS 's p/e ratio hit its five-year low in Mar2020 of 24.61x.
How does ASAHI INDIA GLASS 's P/E Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASAHI INDIA GLASS | 305.99 | 55.39 | 16,950.1 |
BOROSIL RENEWABLES LTD | -53.41 | -113.82 | 6,079.2 |
LA OPALA RG LTD | 122.67 | 30.64 | 3,759.0 |
HALDYN GLASS LTD | 15.86 | 58.62 | 929.9 |
EMPIRE INDUSTRIES LTD | 40.57 | 15.31 | 620.9 |
SEJAL GLASS LTD | 5.33 | 117.98 | 628.4 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 122.80 | 1.96 | 240.5 |
Glass Industry Benchmark (Top 10) PE Analysis vs ASAHI INDIA GLASS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -113.82x |
Max industry PE | 117.98x |
Median industry PE | 30.64x |
Average industry PE | 23.72x |
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