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ASHAPURI GOLD ORNAMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASHAPURI GOLD ORNAMENT is 29.29.

Share Price ₹9.9Nov 19,2024
Market Cap ₹330.6 Cr
Earnings-TTM₹11.3 CrTTM-Standalone Results
Price/Earnings29.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASHAPURI GOLD ORNAMENT

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)

Applying the above formula, P/E ratio of ASHAPURI GOLD ORNAMENT is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 29.29x.

- 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 RatioMarket Cap
ASHAPURI GOLD ORNAMENT 11.2929.29330.6
TITAN COMPANY LTD3,242.0088.11285,658.0
KALYAN JEWELLERS INDIA LTD625.75115.5972,329.4
RAJESH EXPORTS LTD38.28183.047,006.5
SENCO GOLD LTD204.8942.428,692.1
THANGAMAYIL JEWELLERY LTD95.3656.775,413.9
PC JEWELLER LTD15.32499.717,655.5
GOLDIAM INTERNATIONAL LTD94.3235.553,353.4
DP ABHUSHAN LTD83.1242.543,536.1
ASIAN STAR COMPANY LTD73.3118.201,334.5
RENAISSANCE GLOBAL LTD75.5521.681,637.8

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs ASHAPURI GOLD ORNAMENT 's P/E Ratio

Top 10 Industry PeersPE 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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