ASHAPURI GOLD ORNAMENT
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The Current P/E Ratio of ASHAPURI GOLD ORNAMENT is 29.29.
Share Price | ₹9.9 | Nov 19,2024 |
Market Cap | ₹330.6 Cr | |
Earnings-TTM | ₹11.3 Cr | TTM-Standalone Results |
Price/Earnings | 29.29x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASHAPURI GOLD ORNAMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹330.6 Cr] as on Nov 19,2024
(/) Earnings [ ₹11.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.29x ]
Thus, for ASHAPURI GOLD ORNAMENT , the investors are currently willing to pay 29.29 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 ASHAPURI GOLD ORNAMENT !
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 ASHAPURI GOLD ORNAMENT over the last five years.
Historical PE (Price/Earnings) ratio chart of ASHAPURI GOLD ORNAMENT
PE Ratio Performance Analysis for ASHAPURI GOLD ORNAMENT
- ASHAPURI GOLD ORNAMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 50.04x.
- ASHAPURI GOLD ORNAMENT 's operated at median p/e ratio of 31.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASHAPURI GOLD ORNAMENT 's p/e ratio peaked in Mar2020 at 161.85x.
- ASHAPURI GOLD ORNAMENT 's p/e ratio hit its five-year low in Mar2022 of 5.86x.
How does ASHAPURI GOLD ORNAMENT 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASHAPURI GOLD ORNAMENT | 11.29 | 29.29 | 330.6 |
TITAN COMPANY LTD | 3,242.00 | 88.11 | 285,658.0 |
KALYAN JEWELLERS INDIA LTD | 625.75 | 115.59 | 72,329.4 |
RAJESH EXPORTS LTD | 38.28 | 183.04 | 7,006.5 |
SENCO GOLD LTD | 204.89 | 42.42 | 8,692.1 |
THANGAMAYIL JEWELLERY LTD | 95.36 | 56.77 | 5,413.9 |
PC JEWELLER LTD | 15.32 | 499.71 | 7,655.5 |
GOLDIAM INTERNATIONAL LTD | 94.32 | 35.55 | 3,353.4 |
DP ABHUSHAN LTD | 83.12 | 42.54 | 3,536.1 |
ASIAN STAR COMPANY LTD | 73.31 | 18.20 | 1,334.5 |
RENAISSANCE GLOBAL LTD | 75.55 | 21.68 | 1,637.8 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs ASHAPURI GOLD ORNAMENT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.20x |
Max industry PE | 499.71x |
Median industry PE | 42.54x |
Average industry PE | 102.99x |
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