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EUREKA FORBES
PE (Price/Earnings) Ratio

The Current P/E Ratio of EUREKA FORBES is 96.51.

Share Price ₹619.8Dec 03,2024
Market Cap ₹11,992.2 Cr
Earnings-TTM₹124.3 CrTTM-Consolidated Results
Price/Earnings96.51xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EUREKA FORBES

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 EUREKA FORBES is calculated as :

Current Market Cap [ ₹11,992.2 Cr] as on Dec 03,2024

(/) Earnings [ ₹124.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 96.51x ]

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

Thus, for EUREKA FORBES , the investors are currently willing to pay 96.51 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 EUREKA FORBES !

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 EUREKA FORBES over the last five years.

Historical PE (Price/Earnings) ratio chart of EUREKA FORBES


PE Ratio Performance Analysis for EUREKA FORBES

- EUREKA FORBES 's latest p/e ratio is 96.51x.

- EUREKA FORBES 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 829.24x.

- EUREKA FORBES 's operated at median p/e ratio of 310.87x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, EUREKA FORBES 's p/e ratio peaked in Mar2022 at 2913.63x.

- EUREKA FORBES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does EUREKA FORBES 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?

Peer Comparison (Consumer Durables - Domestic Appliances Industry)Earnings-TTM (Cr)PE RatioMarket Cap
EUREKA FORBES 124.2596.5111,992.2
CROMPTON GREAVES CONSUMER ELECTRICALS LTD499.3052.7626,340.6
WHIRLPOOL OF INDIA LTD308.1676.7923,662.2
BAJAJ ELECTRICALS LTD107.6884.279,074.4
TTK PRESTIGE LTD212.0256.7512,031.7
SYMPHONY LTD233.0041.049,563.2
IFB INDUSTRIES LTD118.0661.407,249.4
BOROSIL LTD69.9981.105,676.0
PG ELECTROPLAST LTD195.21101.8019,872.4
ORIENT ELECTRIC LTD61.9181.945,072.8
HAWKINS COOKERS LTD112.9739.634,477.6

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs EUREKA FORBES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 39.63x
Max industry PE 101.80x
Median industry PE 76.79x
Average industry PE 70.36x



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