ECOPLAST
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The Current P/E Ratio of ECOPLAST is 19.54.
Share Price | ₹598.9 | Feb 21,2025 |
Market Cap | ₹179.7 Cr | |
Earnings-TTM | ₹9.2 Cr | TTM-Consolidated Results |
Price/Earnings | 19.54x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ECOPLAST
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹179.7 Cr] as on Feb 21,2025
(/) Earnings [ ₹9.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.54x ]
Thus, for ECOPLAST , the investors are currently willing to pay 19.54 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 ECOPLAST !
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 ECOPLAST over the last five years.
Historical PE (Price/Earnings) ratio chart of ECOPLAST
PE Ratio Performance Analysis for ECOPLAST
- ECOPLAST 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.04x.
- ECOPLAST 's operated at median p/e ratio of 7.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ECOPLAST 's p/e ratio peaked in Mar2021 at 72.49x.
- ECOPLAST 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ECOPLAST '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 |
---|---|---|---|
ECOPLAST | 9.20 | 19.54 | 179.7 |
SUPREME INDUSTRIES LTD | 893.77 | 52.14 | 46,604.9 |
ASTRAL LTD | 522.30 | 71.38 | 37,281.1 |
FINOLEX INDUSTRIES LTD | 770.50 | 15.02 | 11,571.9 |
GARWARE HITECH FILMS LTD | 311.23 | 31.32 | 9,747.7 |
TIME TECHNOPLAST LTD | 376.88 | 24.04 | 9,061.3 |
EPL LTD | 264.30 | 28.72 | 7,591.8 |
SHAILY ENGINEERING PLASTICS LTD | 83.87 | 78.87 | 6,614.7 |
RESPONSIVE INDUSTRIES LTD | 190.49 | 29.48 | 5,614.8 |
JAIN IRRIGATION SYSTEMS LTD | 33.51 | 122.33 | 4,099.4 |
POLYPLEX CORPORATION LTD | 397.74 | 9.17 | 3,646.4 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs ECOPLAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.17x |
Max industry PE | 122.33x |
Median industry PE | 29.48x |
Average industry PE | 43.82x |
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