GRAVITA INDIA
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The Current P/E Ratio of GRAVITA INDIA is 54.71.
Share Price | ₹2,147.1 | Dec 03,2024 |
Market Cap | ₹14,815.0 Cr | |
Earnings-TTM | ₹270.8 Cr | TTM-Consolidated Results |
Price/Earnings | 54.71x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GRAVITA INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹14,815.0 Cr] as on Dec 03,2024
(/) Earnings [ ₹270.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 54.71x ]
Thus, for GRAVITA INDIA , the investors are currently willing to pay 54.71 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 GRAVITA 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 GRAVITA INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of GRAVITA INDIA
PE Ratio Performance Analysis for GRAVITA INDIA
- GRAVITA INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.04x.
- GRAVITA INDIA 's operated at median p/e ratio of 15.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GRAVITA INDIA 's p/e ratio peaked in Mar2024 at 28.81x.
- GRAVITA INDIA 's p/e ratio hit its five-year low in Mar2020 of 7.05x.
How does GRAVITA INDIA 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GRAVITA INDIA | 270.81 | 54.71 | 14,815.0 |
HINDUSTAN ZINC LTD | 8,738.00 | 24.53 | 214,308.0 |
HINDALCO INDUSTRIES LTD | 12,486.00 | 12.01 | 149,924.0 |
VEDANTA LTD | 15,839.00 | 11.56 | 183,143.0 |
HINDUSTAN COPPER LTD | 402.82 | 68.38 | 27,545.7 |
SHIVALIK BIMETAL CONTROLS LTD | 76.75 | 42.46 | 3,259.0 |
BHARAT WIRE ROPES LTD | 96.34 | 16.76 | 1,614.4 |
RAM RATNA WIRES LTD | 64.15 | 41.93 | 2,689.9 |
NILE LTD | 34.41 | 16.75 | 576.4 |
RAJNANDINI METAL LTD | 1.69 | 164.25 | 277.6 |
SHERA ENERGY LTD | 15.40 | 30.48 | 469.6 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs GRAVITA INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.56x |
Max industry PE | 164.25x |
Median industry PE | 30.48x |
Average industry PE | 43.98x |
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