BLUE DART EXPRESS
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The Current P/E Ratio of BLUE DART EXPRESS is 62.85.
Share Price | ₹7,502.6 | Nov 22,2024 |
Market Cap | ₹17,781.2 Cr | |
Earnings-TTM | ₹282.9 Cr | TTM-Consolidated Results |
Price/Earnings | 62.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BLUE DART EXPRESS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹17,781.2 Cr] as on Nov 22,2024
(/) Earnings [ ₹282.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 62.85x ]
Thus, for BLUE DART EXPRESS , the investors are currently willing to pay 62.85 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 BLUE DART EXPRESS !
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 BLUE DART EXPRESS over the last five years.
Historical PE (Price/Earnings) ratio chart of BLUE DART EXPRESS
PE Ratio Performance Analysis for BLUE DART EXPRESS
- BLUE DART EXPRESS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 52.18x.
- BLUE DART EXPRESS 's operated at median p/e ratio of 42.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BLUE DART EXPRESS 's p/e ratio peaked in Mar2021 at 129.95x.
- BLUE DART EXPRESS 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does BLUE DART EXPRESS 's P/E Ratio benchmark against top 10 peers in Courier Services Industry?
Peer Comparison (Courier Services Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BLUE DART EXPRESS | 282.93 | 62.85 | 17,781.2 |
DELHIVERY LTD | 13.36 | 1,921.16 | 25,662.9 |
VL EGOVERNANCE & IT SOLUTIONS LTD | -163.08 | -9.88 | 1,611.0 |
Courier Services Industry Benchmark (Top 10) PE Analysis vs BLUE DART EXPRESS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -9.88x |
Max industry PE | 1,921.16x |
Median industry PE | 62.85x |
Average industry PE | 658.04x |
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