DDEV PLASTIKS INDUSTRIES
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The Current P/E Ratio of DDEV PLASTIKS INDUSTRIES is 14.80.
Share Price | ₹270.0 | Feb 07,2025 |
Market Cap | ₹2,794.5 Cr | |
Earnings-TTM | ₹188.8 Cr | TTM-Standalone Results |
Price/Earnings | 14.80x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DDEV PLASTIKS INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,794.5 Cr] as on Feb 07,2025
(/) Earnings [ ₹188.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 14.80x ]
Thus, for DDEV PLASTIKS INDUSTRIES , the investors are currently willing to pay 14.80 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 DDEV PLASTIKS 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 DDEV PLASTIKS INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of DDEV PLASTIKS INDUSTRIES
PE Ratio Performance Analysis for DDEV PLASTIKS INDUSTRIES
- DDEV PLASTIKS INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 4.06x.
- DDEV PLASTIKS INDUSTRIES 's operated at median p/e ratio of 6.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, DDEV PLASTIKS INDUSTRIES 's p/e ratio peaked in Mar2024 at 9.76x.
- DDEV PLASTIKS INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does DDEV PLASTIKS INDUSTRIES '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 |
---|---|---|---|
DDEV PLASTIKS INDUSTRIES | 188.76 | 14.80 | 2,794.5 |
ASTRAL LTD | 522.30 | 75.71 | 39,545.7 |
SUPREME INDUSTRIES LTD | 893.77 | 57.19 | 51,113.1 |
FINOLEX INDUSTRIES LTD | 770.50 | 15.86 | 12,223.4 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 34.08 | 6,414.6 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 31.61 | 4,162.1 |
EPL LTD | 256.60 | 30.05 | 7,711.6 |
JAI CORP LTD | 67.80 | 35.44 | 2,402.7 |
TIME TECHNOPLAST LTD | 367.61 | 25.04 | 9,204.2 |
GARWARE HITECH FILMS LTD | 311.23 | 25.26 | 7,861.0 |
JAIN IRRIGATION SYSTEMS LTD | 33.51 | 138.25 | 4,632.8 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs DDEV PLASTIKS INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.80x |
Max industry PE | 138.25x |
Median industry PE | 31.61x |
Average industry PE | 43.94x |
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