Home > PE Ratio > ECO RECYCLING

ECO RECYCLING
PE (Price/Earnings) Ratio

The Current P/E Ratio of ECO RECYCLING is 77.85.

Share Price ₹957.2Dec 17,2024
Market Cap ₹1,847.3 Cr
Earnings-TTM₹23.7 CrTTM-Consolidated Results
Price/Earnings77.85xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for ECO RECYCLING
Please provide your vote to see the results
ECO RECYCLING is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of ECO RECYCLING

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 ECO RECYCLING is calculated as :

Current Market Cap [ ₹1,847.3 Cr] as on Dec 17,2024

(/) Earnings [ ₹23.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 77.85x ]

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

Thus, for ECO RECYCLING , the investors are currently willing to pay 77.85 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 ECO RECYCLING !

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 ECO RECYCLING over the last five years.

Historical PE (Price/Earnings) ratio chart of ECO RECYCLING


PE Ratio Performance Analysis for ECO RECYCLING

- ECO RECYCLING 's latest p/e ratio is 77.85x.

- ECO RECYCLING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.61x.

- ECO RECYCLING 's operated at median p/e ratio of 34.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ECO RECYCLING 's p/e ratio peaked in Mar2024 at 55.48x.

- ECO RECYCLING 's p/e ratio hit its five-year low in Mar2022 of 17.37x.


How does ECO RECYCLING 's P/E Ratio benchmark against top 10 peers in Environmental Services Industry?

Peer Comparison (Environmental Services Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ECO RECYCLING 23.7377.851,847.3
VA TECH WABAG LTD262.7044.5911,713.3
ANTONY WASTE HANDLING CELL LTD82.3823.351,923.7
RACE ECO CHAIN LTD5.10118.50604.6

Environmental Services Industry Benchmark (Top 10) PE Analysis vs ECO RECYCLING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 23.35x
Max industry PE 118.50x
Median industry PE 77.85x
Average industry PE 66.07x



You may also like the below Video Courses