GRASIM INDUSTRIES
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The Current P/E Ratio of GRASIM INDUSTRIES is 19.72.
Share Price | ₹2,457.9 | Jan 27,2025 |
Market Cap | ₹167,281.3 Cr | |
Earnings-TTM | ₹8,482.0 Cr | TTM-Consolidated Results |
Price/Earnings | 19.72x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GRASIM INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹167,281.3 Cr] as on Jan 27,2025
(/) Earnings [ ₹8,482.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.72x ]
Thus, for GRASIM INDUSTRIES , the investors are currently willing to pay 19.72 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 GRASIM 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 GRASIM INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of GRASIM INDUSTRIES
PE Ratio Performance Analysis for GRASIM INDUSTRIES
- GRASIM INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.30x.
- GRASIM INDUSTRIES 's operated at median p/e ratio of 15.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GRASIM INDUSTRIES 's p/e ratio peaked in Mar2024 at 27.01x.
- GRASIM INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 7.09x.
How does GRASIM INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Diversified Industry?
Peer Comparison (Diversified Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GRASIM INDUSTRIES | 8,482.03 | 19.72 | 167,281.3 |
3M INDIA LTD | 611.35 | 53.83 | 32,910.3 |
CENTURY TEXTILES & INDUSTRIES LTD | 176.81 | 117.69 | 20,809.5 |
DCM SHRIRAM LTD | 543.16 | 34.36 | 18,662.4 |
BIRLA CORPORATION LTD | 309.91 | 28.35 | 8,785.9 |
SURYA ROSHNI LTD | 320.63 | 18.71 | 5,998.1 |
BALMER LAWRIE & COMPANY LTD | 198.00 | 16.32 | 3,232.0 |
ASPINWALL AND COMPANY LTD | 15.72 | 14.76 | 232.0 |
GILLANDERS ARBUTHNOT & COMPANY LTD | -35.35 | -6.79 | 239.9 |
Diversified Industry Benchmark (Top 10) PE Analysis vs GRASIM INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -6.79x |
Max industry PE | 117.69x |
Median industry PE | 19.72x |
Average industry PE | 33.00x |
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