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EID PARRY (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of EID PARRY (INDIA) is 10.94.

Share Price ₹848.4Nov 27,2024
Market Cap ₹15,066.7 Cr
Earnings-TTM₹1,376.7 CrTTM-Consolidated Results
Price/Earnings10.94xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EID PARRY (INDIA)

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 EID PARRY (INDIA) is calculated as :

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 ]

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

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 latest p/e ratio is 10.94x.

- 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 RatioMarket Cap
EID PARRY (INDIA) 1,376.7310.9415,066.7
SHREE RENUKA SUGARS LTD-472.00-19.389,146.1
BALRAMPUR CHINI MILLS LTD402.7328.3811,430.7
TRIVENI ENGINEERING & INDUSTRIES LTD306.6828.358,695.7
BAJAJ HINDUSTHAN SUGAR LTD-21.01-203.254,270.2
BANNARI AMMAN SUGARS LTD130.6033.664,395.4
DALMIA BHARAT SUGAR AND INDUSTRIES LTD290.9412.373,598.2
PICCADILY AGRO INDUSTRIES LTD126.3256.827,177.3
DCM SHRIRAM INDUSTRIES LTD120.5613.191,590.7
DWARIKESH SUGAR INDUSTRIES LTD-1.03-1,129.141,158.5
DHAMPUR SUGAR MILLS LTD71.8716.691,199.2

Sugar Industry Benchmark (Top 10) PE Analysis vs EID PARRY (INDIA) 's P/E Ratio

Top 10 Industry PeersPE 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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