CREATIVE NEWTECH
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The Current P/E Ratio of CREATIVE NEWTECH is 22.66.
Share Price | ₹865.3 | Nov 19,2024 |
Market Cap | ₹1,228.7 Cr | |
Earnings-TTM | ₹54.2 Cr | TTM-Consolidated Results |
Price/Earnings | 22.66x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CREATIVE NEWTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
CREATIVE NEWTECH | 54.22 | 22.66 | 1,228.7 |
ADANI ENTERPRISES LTD | 5,730.28 | 56.80 | 325,502.0 |
REDINGTON LTD | 1,171.69 | 12.94 | 15,162.5 |
HONASA CONSUMER LTD | 78.06 | 109.75 | 8,567.2 |
MMTC LTD | 124.49 | 90.47 | 11,262.0 |
MSTC LTD | 208.02 | 20.90 | 4,347.2 |
LLOYDS ENTERPRISES LTD | 185.79 | 31.47 | 5,846.7 |
VERITAS (INDIA) LTD | 204.84 | 11.58 | 2,371.8 |
NOVARTIS INDIA LTD | 87.40 | 28.90 | 2,525.6 |
OPTIEMUS INFRACOM LTD | 62.34 | 82.29 | 5,129.5 |
MISHTANN FOODS LTD | 9.86 | 154.18 | 1,519.4 |
Trading Industry Benchmark (Top 10) PE Analysis vs CREATIVE NEWTECH 's P/E Ratio
Top 10 Industry Peers | PE 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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