ECO RECYCLING
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The Current P/E Ratio of ECO RECYCLING is 77.85.
Share Price | ₹957.2 | Dec 17,2024 |
Market Cap | ₹1,847.3 Cr | |
Earnings-TTM | ₹23.7 Cr | TTM-Consolidated Results |
Price/Earnings | 77.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ECO RECYCLING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ECO RECYCLING | 23.73 | 77.85 | 1,847.3 |
VA TECH WABAG LTD | 262.70 | 44.59 | 11,713.3 |
ANTONY WASTE HANDLING CELL LTD | 82.38 | 23.35 | 1,923.7 |
RACE ECO CHAIN LTD | 5.10 | 118.50 | 604.6 |
Environmental Services Industry Benchmark (Top 10) PE Analysis vs ECO RECYCLING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 23.35x |
Max industry PE | 118.50x |
Median industry PE | 77.85x |
Average industry PE | 66.07x |
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