BRIGHT BROTHERS
|
The Current P/E Ratio of BRIGHT BROTHERS is 31.54.
Share Price | ₹356.0 | Feb 21,2025 |
Market Cap | ₹202.9 Cr | |
Earnings-TTM | ₹6.4 Cr | TTM-Consolidated Results |
Price/Earnings | 31.54x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of BRIGHT BROTHERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹202.9 Cr] as on Feb 21,2025
(/) Earnings [ ₹6.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.54x ]
Thus, for BRIGHT BROTHERS , the investors are currently willing to pay 31.54 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 BRIGHT BROTHERS !
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 BRIGHT BROTHERS over the last five years.
Historical PE (Price/Earnings) ratio chart of BRIGHT BROTHERS
PE Ratio Performance Analysis for BRIGHT BROTHERS
- BRIGHT BROTHERS 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 0.89x.
- BRIGHT BROTHERS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, BRIGHT BROTHERS 's p/e ratio peaked in Mar2022 at 2.67x.
- BRIGHT BROTHERS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does BRIGHT BROTHERS 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BRIGHT BROTHERS | 6.43 | 31.54 | 202.9 |
SUPREME INDUSTRIES LTD | 893.77 | 52.14 | 46,604.9 |
ASTRAL LTD | 522.30 | 71.38 | 37,281.1 |
FINOLEX INDUSTRIES LTD | 770.50 | 15.02 | 11,571.9 |
GARWARE HITECH FILMS LTD | 311.23 | 31.32 | 9,747.7 |
TIME TECHNOPLAST LTD | 376.88 | 24.04 | 9,061.3 |
EPL LTD | 264.30 | 28.72 | 7,591.8 |
SHAILY ENGINEERING PLASTICS LTD | 83.87 | 78.87 | 6,614.7 |
RESPONSIVE INDUSTRIES LTD | 190.49 | 29.48 | 5,614.8 |
JAIN IRRIGATION SYSTEMS LTD | 33.51 | 122.33 | 4,099.4 |
POLYPLEX CORPORATION LTD | 397.74 | 9.17 | 3,646.4 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs BRIGHT BROTHERS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.17x |
Max industry PE | 122.33x |
Median industry PE | 31.32x |
Average industry PE | 44.91x |
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