Home > PE Ratio > BRIGHT BROTHERS

BRIGHT BROTHERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BRIGHT BROTHERS is 31.54.

Share Price ₹356.0Feb 21,2025
Market Cap ₹202.9 Cr
Earnings-TTM₹6.4 CrTTM-Consolidated Results
Price/Earnings31.54xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for BRIGHT BROTHERS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of BRIGHT BROTHERS

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 BRIGHT BROTHERS is calculated as :

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 ]

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

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 latest p/e ratio is 31.54x.

- 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 RatioMarket Cap
BRIGHT BROTHERS 6.4331.54202.9
SUPREME INDUSTRIES LTD893.7752.1446,604.9
ASTRAL LTD522.3071.3837,281.1
FINOLEX INDUSTRIES LTD770.5015.0211,571.9
GARWARE HITECH FILMS LTD311.2331.329,747.7
TIME TECHNOPLAST LTD376.8824.049,061.3
EPL LTD264.3028.727,591.8
SHAILY ENGINEERING PLASTICS LTD83.8778.876,614.7
RESPONSIVE INDUSTRIES LTD190.4929.485,614.8
JAIN IRRIGATION SYSTEMS LTD33.51122.334,099.4
POLYPLEX CORPORATION LTD397.749.173,646.4

Plastic Products Industry Benchmark (Top 10) PE Analysis vs BRIGHT BROTHERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.17x
Max industry PE 122.33x
Median industry PE 31.32x
Average industry PE 44.91x



You may also like the below Video Courses