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ASIAN STAR COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASIAN STAR COMPANY is 18.08.

Share Price ₹828.3Dec 11,2024
Market Cap ₹1,325.2 Cr
Earnings-TTM₹73.3 CrTTM-Consolidated Results
Price/Earnings18.08xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASIAN STAR COMPANY

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 ASIAN STAR COMPANY is calculated as :

Current Market Cap [ ₹1,325.2 Cr] as on Dec 11,2024

(/) Earnings [ ₹73.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.08x ]

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

Thus, for ASIAN STAR COMPANY , the investors are currently willing to pay 18.08 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 ASIAN STAR COMPANY !

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 ASIAN STAR COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of ASIAN STAR COMPANY


PE Ratio Performance Analysis for ASIAN STAR COMPANY

- ASIAN STAR COMPANY 's latest p/e ratio is 18.08x.

- ASIAN STAR COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.89x.

- ASIAN STAR COMPANY 's operated at median p/e ratio of 15.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASIAN STAR COMPANY 's p/e ratio peaked in Mar2021 at 19.73x.

- ASIAN STAR COMPANY 's p/e ratio hit its five-year low in Mar2022 of 12.76x.


How does ASIAN STAR COMPANY 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ASIAN STAR COMPANY 73.3118.081,325.2
TITAN COMPANY LTD3,242.0095.07308,217.0
KALYAN JEWELLERS INDIA LTD625.75125.7778,703.7
RAJESH EXPORTS LTD38.28185.057,083.3
SENCO GOLD LTD204.8943.828,978.5
THANGAMAYIL JEWELLERY LTD95.3661.055,822.2
PC JEWELLER LTD15.32628.759,632.5
GOLDIAM INTERNATIONAL LTD94.3246.864,420.3
DP ABHUSHAN LTD83.1243.133,585.2
RENAISSANCE GLOBAL LTD75.5523.561,780.2
RADHIKA JEWELTECH LTD50.8027.581,401.3

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs ASIAN STAR COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 18.08x
Max industry PE 628.75x
Median industry PE 46.86x
Average industry PE 118.07x



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