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BRITANNIA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BRITANNIA INDUSTRIES is 57.91.

Share Price ₹5,138.6May 16,2024
Market Cap ₹123,787.7 Cr
Earnings-TTM₹2,137.4 CrTTM-Consolidated Results
Price/Earnings57.91xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BRITANNIA INDUSTRIES

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 BRITANNIA INDUSTRIES is calculated as :

Current Market Cap [ ₹123,787.7 Cr] as on May 16,2024

(/) Earnings [ ₹2,137.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 57.91x ]

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

Thus, for BRITANNIA INDUSTRIES , the investors are currently willing to pay 57.91 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 BRITANNIA INDUSTRIES !

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 BRITANNIA INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of BRITANNIA INDUSTRIES


PE Ratio Performance Analysis for BRITANNIA INDUSTRIES

- BRITANNIA INDUSTRIES 's latest p/e ratio is 57.91x.

- BRITANNIA INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 50.47x.

- BRITANNIA INDUSTRIES 's operated at median p/e ratio of 46.89x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BRITANNIA INDUSTRIES 's p/e ratio peaked in Mar2019 at 63.89x.

- BRITANNIA INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 44.84x.


How does BRITANNIA INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BRITANNIA INDUSTRIES 2,137.4157.91123,787.7
NESTLE INDIA LTD3,196.2074.43237,886.0
VARUN BEVERAGES LTD2,211.8487.73194,050.0
MARICO LTD1,502.0050.9676,544.9
JUBILANT FOODWORKS LTD241.72128.6231,088.6
HATSUN AGRO PRODUCT LTD267.2985.1122,748.2
DEVYANI INTERNATIONAL LTD-9.65-1,888.7518,230.2
BIKAJI FOODS INTERNATIONAL LTD185.4773.7213,672.1
SAPPHIRE FOODS INDIA LTD51.96170.288,846.8
GODREJ AGROVET LTD307.4134.7910,693.5
ZYDUS WELLNESS LTD266.9041.1210,976.2

Consumer Food Industry Benchmark (Top 10) PE Analysis vs BRITANNIA INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,888.75x
Max industry PE 170.28x
Median industry PE 73.72x
Average industry PE -98.55x



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