BOROSIL RENEWABLES
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The Current P/E Ratio of BOROSIL RENEWABLES is -77.40.
Share Price | ₹572.7 | Jan 17,2025 |
Market Cap | ₹7,479.5 Cr | |
Earnings-TTM | ₹-96.6 Cr | TTM-Consolidated Results |
Price/Earnings | -77.40x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BOROSIL RENEWABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,479.5 Cr] as on Jan 17,2025
(/) Earnings [ ₹-96.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -77.40x ]
Thus, for BOROSIL RENEWABLES , the investors are currently willing to pay -77.40 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 BOROSIL RENEWABLES !
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 BOROSIL RENEWABLES over the last five years.
Historical PE (Price/Earnings) ratio chart of BOROSIL RENEWABLES
PE Ratio Performance Analysis for BOROSIL RENEWABLES
- BOROSIL RENEWABLES 's p/e ratio for fiscal years ending Mar2024 to Mar2017 averaged 24.78x.
- BOROSIL RENEWABLES 's operated at median p/e ratio of 10.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BOROSIL RENEWABLES 's p/e ratio peaked in Mar2023 at 77.21x.
- BOROSIL RENEWABLES 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does BOROSIL RENEWABLES 's P/E Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BOROSIL RENEWABLES | -96.63 | -77.40 | 7,479.5 |
ASAHI INDIA GLASS LTD | 305.99 | 52.04 | 15,922.4 |
LA OPALA RG LTD | 115.54 | 29.29 | 3,383.8 |
HALDYN GLASS LTD | 18.87 | 39.93 | 753.3 |
EMPIRE INDUSTRIES LTD | 42.32 | 16.10 | 681.2 |
SEJAL GLASS LTD | 5.33 | 106.21 | 565.7 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 69.95 | 2.88 | 201.5 |
Glass Industry Benchmark (Top 10) PE Analysis vs BOROSIL RENEWABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -77.40x |
Max industry PE | 106.21x |
Median industry PE | 29.29x |
Average industry PE | 24.15x |
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