EMPIRE INDUSTRIES
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The Current P/E Ratio of EMPIRE INDUSTRIES is 15.51.
Share Price | ₹1,093.6 | Jan 30,2025 |
Market Cap | ₹656.2 Cr | |
Earnings-TTM | ₹42.3 Cr | TTM-Standalone Results |
Price/Earnings | 15.51x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of EMPIRE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹656.2 Cr] as on Jan 30,2025
(/) Earnings [ ₹42.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.51x ]
Thus, for EMPIRE INDUSTRIES , the investors are currently willing to pay 15.51 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 EMPIRE INDUSTRIES !
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 EMPIRE INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of EMPIRE INDUSTRIES
PE Ratio Performance Analysis for EMPIRE INDUSTRIES
- EMPIRE INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.50x.
- EMPIRE INDUSTRIES 's operated at median p/e ratio of 14.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EMPIRE INDUSTRIES 's p/e ratio peaked in Mar2021 at 28.65x.
- EMPIRE INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 8.9x.
How does EMPIRE INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
EMPIRE INDUSTRIES | 42.32 | 15.51 | 656.2 |
ASAHI INDIA GLASS LTD | 348.55 | 45.27 | 15,779.0 |
BOROSIL RENEWABLES LTD | -96.63 | -68.38 | 6,608.0 |
LA OPALA RG LTD | 115.54 | 25.15 | 2,906.0 |
HALDYN GLASS LTD | 18.87 | 39.15 | 738.6 |
SEJAL GLASS LTD | 5.33 | 85.50 | 455.4 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 69.95 | 2.85 | 199.5 |
Glass Industry Benchmark (Top 10) PE Analysis vs EMPIRE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -68.38x |
Max industry PE | 85.50x |
Median industry PE | 25.15x |
Average industry PE | 20.72x |
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