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CREATIVE NEWTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of CREATIVE NEWTECH is 22.66.

Share Price ₹865.3Nov 19,2024
Market Cap ₹1,228.7 Cr
Earnings-TTM₹54.2 CrTTM-Consolidated Results
Price/Earnings22.66xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CREATIVE NEWTECH

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 CREATIVE NEWTECH is calculated as :

Current Market Cap [ ₹1,228.7 Cr] as on Nov 19,2024

(/) Earnings [ ₹54.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.66x ]

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

Thus, for CREATIVE NEWTECH , the investors are currently willing to pay 22.66 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 CREATIVE NEWTECH !

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 CREATIVE NEWTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of CREATIVE NEWTECH


PE Ratio Performance Analysis for CREATIVE NEWTECH

- CREATIVE NEWTECH 's latest p/e ratio is 22.66x.

- CREATIVE NEWTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.10x.

- CREATIVE NEWTECH 's operated at median p/e ratio of 12.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CREATIVE NEWTECH 's p/e ratio peaked in Mar2022 at 54.25x.

- CREATIVE NEWTECH 's p/e ratio hit its five-year low in Mar2019 of 5.36x.


How does CREATIVE NEWTECH 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CREATIVE NEWTECH 54.2222.661,228.7
ADANI ENTERPRISES LTD5,730.2856.80325,502.0
REDINGTON LTD1,171.6912.9415,162.5
HONASA CONSUMER LTD78.06109.758,567.2
MMTC LTD124.4990.4711,262.0
MSTC LTD208.0220.904,347.2
LLOYDS ENTERPRISES LTD185.7931.475,846.7
VERITAS (INDIA) LTD204.8411.582,371.8
NOVARTIS INDIA LTD87.4028.902,525.6
OPTIEMUS INFRACOM LTD62.3482.295,129.5
MISHTANN FOODS LTD9.86154.181,519.4

Trading Industry Benchmark (Top 10) PE Analysis vs CREATIVE NEWTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.58x
Max industry PE 154.18x
Median industry PE 31.47x
Average industry PE 56.54x



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