GRASIM INDUSTRIES
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The Current P/E Ratio of GRASIM INDUSTRIES is 20.09.
Share Price | ₹2,503.6 | Nov 19,2024 |
Market Cap | ₹170,395.0 Cr | |
Earnings-TTM | ₹8,482.0 Cr | TTM-Consolidated Results |
Price/Earnings | 20.09x | 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 [ ₹170,395.0 Cr] as on Nov 19,2024
(/) Earnings [ ₹8,482.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.09x ]
Thus, for GRASIM INDUSTRIES , the investors are currently willing to pay 20.09 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 | 20.09 | 170,395.0 |
3M INDIA LTD | 611.35 | 58.69 | 35,882.7 |
CENTURY TEXTILES & INDUSTRIES LTD | 299.82 | 95.72 | 28,699.7 |
DCM SHRIRAM LTD | 521.50 | 38.76 | 20,214.8 |
BIRLA CORPORATION LTD | 309.91 | 27.68 | 8,578.8 |
SURYA ROSHNI LTD | 320.63 | 19.20 | 6,155.3 |
BALMER LAWRIE & COMPANY LTD | 198.00 | 18.60 | 3,683.4 |
ASPINWALL AND COMPANY LTD | 15.72 | 13.88 | 218.2 |
GILLANDERS ARBUTHNOT & COMPANY LTD | -35.35 | -6.30 | 222.6 |
Diversified Industry Benchmark (Top 10) PE Analysis vs GRASIM INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -6.30x |
Max industry PE | 95.72x |
Median industry PE | 20.09x |
Average industry PE | 31.82x |
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