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GRASIM INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GRASIM INDUSTRIES is 20.09.

Share Price ₹2,503.6Nov 19,2024
Market Cap ₹170,395.0 Cr
Earnings-TTM₹8,482.0 CrTTM-Consolidated Results
Price/Earnings20.09xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GRASIM INDUSTRIES

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 GRASIM INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 20.09x.

- 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 RatioMarket Cap
GRASIM INDUSTRIES 8,482.0320.09170,395.0
3M INDIA LTD611.3558.6935,882.7
CENTURY TEXTILES & INDUSTRIES LTD299.8295.7228,699.7
DCM SHRIRAM LTD521.5038.7620,214.8
BIRLA CORPORATION LTD309.9127.688,578.8
SURYA ROSHNI LTD320.6319.206,155.3
BALMER LAWRIE & COMPANY LTD198.0018.603,683.4
ASPINWALL AND COMPANY LTD15.7213.88218.2
GILLANDERS ARBUTHNOT & COMPANY LTD-35.35-6.30222.6

Diversified Industry Benchmark (Top 10) PE Analysis vs GRASIM INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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