GARWARE HITECH FILMS
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The Current P/E Ratio of GARWARE HITECH FILMS is 37.42.
Share Price | ₹4,940.7 | Nov 29,2024 |
Market Cap | ₹11,462.3 Cr | |
Earnings-TTM | ₹306.3 Cr | TTM-Consolidated Results |
Price/Earnings | 37.42x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GARWARE HITECH FILMS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,462.3 Cr] as on Nov 29,2024
(/) Earnings [ ₹306.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.42x ]
Thus, for GARWARE HITECH FILMS , the investors are currently willing to pay 37.42 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 GARWARE HITECH FILMS !
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 GARWARE HITECH FILMS over the last five years.
Historical PE (Price/Earnings) ratio chart of GARWARE HITECH FILMS
PE Ratio Performance Analysis for GARWARE HITECH FILMS
- GARWARE HITECH FILMS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.87x.
- GARWARE HITECH FILMS 's operated at median p/e ratio of 9.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GARWARE HITECH FILMS 's p/e ratio peaked in Mar2024 at 19.96x.
- GARWARE HITECH FILMS 's p/e ratio hit its five-year low in Mar2020 of 4.47x.
How does GARWARE HITECH FILMS 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GARWARE HITECH FILMS | 306.30 | 37.42 | 11,462.3 |
ASTRAL LTD | 522.90 | 91.97 | 48,092.3 |
SUPREME INDUSTRIES LTD | 964.11 | 61.32 | 59,123.4 |
FINOLEX INDUSTRIES LTD | 777.44 | 21.46 | 16,681.5 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.86 | 6,750.5 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 35.89 | 4,725.9 |
EPL LTD | 256.60 | 31.82 | 8,166.3 |
JAI CORP LTD | 67.80 | 94.70 | 6,420.9 |
TIME TECHNOPLAST LTD | 367.61 | 27.76 | 10,203.9 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 131.26 | 4,825.1 |
MOLDTEK PACKAGING LTD | 62.81 | 36.39 | 2,285.7 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs GARWARE HITECH FILMS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 21.46x |
Max industry PE | 131.26x |
Median industry PE | 36.39x |
Average industry PE | 55.08x |
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