EID PARRY (INDIA)
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The Current P/E Ratio of EID PARRY (INDIA) is 10.94.
Share Price | ₹848.4 | Nov 27,2024 |
Market Cap | ₹15,066.7 Cr | |
Earnings-TTM | ₹1,376.7 Cr | TTM-Consolidated Results |
Price/Earnings | 10.94x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of EID PARRY (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹15,066.7 Cr] as on Nov 27,2024
(/) Earnings [ ₹1,376.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.94x ]
Thus, for EID PARRY (INDIA) , the investors are currently willing to pay 10.94 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 EID PARRY (INDIA) !
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 EID PARRY (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of EID PARRY (INDIA)
PE Ratio Performance Analysis for EID PARRY (INDIA)
- EID PARRY (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.26x.
- EID PARRY (INDIA) 's operated at median p/e ratio of 8.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EID PARRY (INDIA) 's p/e ratio peaked in Mar2021 at 12.62x.
- EID PARRY (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 5.29x.
How does EID PARRY (INDIA) 's P/E Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
EID PARRY (INDIA) | 1,376.73 | 10.94 | 15,066.7 |
SHREE RENUKA SUGARS LTD | -472.00 | -19.38 | 9,146.1 |
BALRAMPUR CHINI MILLS LTD | 402.73 | 28.38 | 11,430.7 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 306.68 | 28.35 | 8,695.7 |
BAJAJ HINDUSTHAN SUGAR LTD | -21.01 | -203.25 | 4,270.2 |
BANNARI AMMAN SUGARS LTD | 130.60 | 33.66 | 4,395.4 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 290.94 | 12.37 | 3,598.2 |
PICCADILY AGRO INDUSTRIES LTD | 126.32 | 56.82 | 7,177.3 |
DCM SHRIRAM INDUSTRIES LTD | 120.56 | 13.19 | 1,590.7 |
DWARIKESH SUGAR INDUSTRIES LTD | -1.03 | -1,129.14 | 1,158.5 |
DHAMPUR SUGAR MILLS LTD | 71.87 | 16.69 | 1,199.2 |
Sugar Industry Benchmark (Top 10) PE Analysis vs EID PARRY (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -1,129.14x |
Max industry PE | 56.82x |
Median industry PE | 13.19x |
Average industry PE | -104.67x |
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