BLUE STAR
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The Current P/E Ratio of BLUE STAR is 71.07.
Share Price | ₹1,813.8 | Nov 19,2024 |
Market Cap | ₹37,291.7 Cr | |
Earnings-TTM | ₹524.8 Cr | TTM-Consolidated Results |
Price/Earnings | 71.07x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BLUE STAR
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹37,291.7 Cr] as on Nov 19,2024
(/) Earnings [ ₹524.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 71.07x ]
Thus, for BLUE STAR , the investors are currently willing to pay 71.07 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 STAR !
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 STAR over the last five years.
Historical PE (Price/Earnings) ratio chart of BLUE STAR
PE Ratio Performance Analysis for BLUE STAR
- BLUE STAR 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.03x.
- BLUE STAR 's operated at median p/e ratio of 30.18x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BLUE STAR 's p/e ratio peaked in Mar2024 at 62.96x.
- BLUE STAR 's p/e ratio hit its five-year low in Mar2020 of 15.48x.
How does BLUE STAR 's P/E Ratio benchmark against top 10 peers in Air Conditioners Industry?
Peer Comparison (Air Conditioners Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BLUE STAR | 524.75 | 71.07 | 37,291.7 |
VOLTAS LTD | 686.89 | 81.15 | 55,739.2 |
AMBER ENTERPRISES INDIA LTD | 204.80 | 101.69 | 20,826.1 |
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA LTD | 27.80 | 183.92 | 5,112.8 |
Air Conditioners Industry Benchmark (Top 10) PE Analysis vs BLUE STAR 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 71.07x |
Max industry PE | 183.92x |
Median industry PE | 101.69x |
Average industry PE | 109.46x |
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