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GRAVITA INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of GRAVITA INDIA is 54.71.

Share Price ₹2,147.1Dec 03,2024
Market Cap ₹14,815.0 Cr
Earnings-TTM₹270.8 CrTTM-Consolidated Results
Price/Earnings54.71xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GRAVITA INDIA

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 GRAVITA INDIA is calculated as :

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 ]

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

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 latest p/e ratio is 54.71x.

- 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 RatioMarket Cap
GRAVITA INDIA 270.8154.7114,815.0
HINDUSTAN ZINC LTD8,738.0024.53214,308.0
HINDALCO INDUSTRIES LTD12,486.0012.01149,924.0
VEDANTA LTD15,839.0011.56183,143.0
HINDUSTAN COPPER LTD402.8268.3827,545.7
SHIVALIK BIMETAL CONTROLS LTD76.7542.463,259.0
BHARAT WIRE ROPES LTD96.3416.761,614.4
RAM RATNA WIRES LTD64.1541.932,689.9
NILE LTD34.4116.75576.4
RAJNANDINI METAL LTD1.69164.25277.6
SHERA ENERGY LTD15.4030.48469.6

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs GRAVITA INDIA 's P/E Ratio

Top 10 Industry PeersPE 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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