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ELECTRONICS MART INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELECTRONICS MART INDIA is 36.29.

Share Price ₹173.0Nov 26,2024
Market Cap ₹6,653.4 Cr
Earnings-TTM₹183.3 CrTTM-Consolidated Results
Price/Earnings36.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ELECTRONICS MART 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 ELECTRONICS MART INDIA is calculated as :

Current Market Cap [ ₹6,653.4 Cr] as on Nov 26,2024

(/) Earnings [ ₹183.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 36.29x ]

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

Thus, for ELECTRONICS MART INDIA , the investors are currently willing to pay 36.29 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 ELECTRONICS MART 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 ELECTRONICS MART INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of ELECTRONICS MART INDIA


PE Ratio Performance Analysis for ELECTRONICS MART INDIA

- ELECTRONICS MART INDIA 's latest p/e ratio is 36.29x.

- ELECTRONICS MART INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.18x.

- ELECTRONICS MART INDIA 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELECTRONICS MART INDIA 's p/e ratio peaked in Mar2024 at 40.08x.

- ELECTRONICS MART INDIA 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does ELECTRONICS MART INDIA 's P/E Ratio benchmark against top 10 peers in Retailing Industry?

Peer Comparison (Retailing Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ELECTRONICS MART INDIA 183.3436.296,653.4
AVENUE SUPERMARTS LTD2,686.6788.63238,129.0
TRENT LTD1,676.02141.45237,078.0
METRO BRANDS LTD415.9878.3632,597.9
ADITYA BIRLA FASHION AND RETAIL LTD-812.87-40.5232,934.8
BATA INDIA LTD347.6750.4917,554.9
REDTAPE LTD157.4971.2711,224.8
SHOPPERS STOP LTD16.72394.516,596.2
ETHOS LTD90.6181.757,406.9
VAIBHAV GLOBAL LTD123.3637.114,577.9
GO FASHION (INDIA) LTD85.7469.075,922.4

Retailing Industry Benchmark (Top 10) PE Analysis vs ELECTRONICS MART INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -40.52x
Max industry PE 394.51x
Median industry PE 71.27x
Average industry PE 91.68x



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