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BLUE STAR
PE (Price/Earnings) Ratio

The Current P/E Ratio of BLUE STAR is 71.07.

Share Price ₹1,813.8Nov 19,2024
Market Cap ₹37,291.7 Cr
Earnings-TTM₹524.8 CrTTM-Consolidated Results
Price/Earnings71.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BLUE STAR

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 BLUE STAR is calculated as :

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 ]

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

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 latest p/e ratio is 71.07x.

- 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 RatioMarket Cap
BLUE STAR 524.7571.0737,291.7
VOLTAS LTD686.8981.1555,739.2
AMBER ENTERPRISES INDIA LTD204.80101.6920,826.1
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA LTD27.80183.925,112.8

Air Conditioners Industry Benchmark (Top 10) PE Analysis vs BLUE STAR 's P/E Ratio

Top 10 Industry PeersPE 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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