EVEREADY INDUSTRIES INDIA
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The Current P/E Ratio of EVEREADY INDUSTRIES INDIA is 32.44.
Share Price | ₹357.3 | Feb 07,2025 |
Market Cap | ₹2,597.2 Cr | |
Earnings-TTM | ₹80.1 Cr | TTM-Consolidated Results |
Price/Earnings | 32.44x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of EVEREADY INDUSTRIES INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,597.2 Cr] as on Feb 07,2025
(/) Earnings [ ₹80.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.44x ]
Thus, for EVEREADY INDUSTRIES INDIA , the investors are currently willing to pay 32.44 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 EVEREADY INDUSTRIES 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 EVEREADY INDUSTRIES INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of EVEREADY INDUSTRIES INDIA
PE Ratio Performance Analysis for EVEREADY INDUSTRIES INDIA
- EVEREADY INDUSTRIES INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.36x.
- EVEREADY INDUSTRIES INDIA 's operated at median p/e ratio of 36.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EVEREADY INDUSTRIES INDIA 's p/e ratio peaked in Mar2023 at 76.02x.
- EVEREADY INDUSTRIES INDIA 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does EVEREADY INDUSTRIES INDIA 's P/E Ratio benchmark against top 10 peers in Batteries Industry?
Peer Comparison (Batteries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
EVEREADY INDUSTRIES INDIA | 80.07 | 32.44 | 2,597.2 |
EXIDE INDUSTRIES LTD | 798.16 | 40.16 | 32,057.8 |
AMARA RAJA ENERGY & MOBILITY LTD | 969.26 | 20.19 | 19,567.2 |
HBL POWER SYSTEMS LTD | 295.85 | 51.54 | 15,248.5 |
HIGH ENERGY BATTERIES (INDIA) LTD | 10.04 | 46.22 | 464.2 |
INDONATIONAL LTD | 130.95 | 2.87 | 376.1 |
PANASONIC ENERGY INDIA COMPANY LTD | 11.67 | 26.07 | 304.2 |
Batteries Industry Benchmark (Top 10) PE Analysis vs EVEREADY INDUSTRIES INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 2.87x |
Max industry PE | 51.54x |
Median industry PE | 32.44x |
Average industry PE | 31.36x |
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