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HALDYN GLASS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HALDYN GLASS is 44.19.

Share Price ₹155.0Nov 22,2024
Market Cap ₹833.6 Cr
Earnings-TTM₹18.9 CrTTM-Consolidated Results
Price/Earnings44.19xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HALDYN GLASS

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 HALDYN GLASS is calculated as :

Current Market Cap [ ₹833.6 Cr] as on Nov 22,2024

(/) Earnings [ ₹18.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 44.19x ]

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

Thus, for HALDYN GLASS , the investors are currently willing to pay 44.19 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 HALDYN GLASS !

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 HALDYN GLASS over the last five years.

Historical PE (Price/Earnings) ratio chart of HALDYN GLASS


PE Ratio Performance Analysis for HALDYN GLASS

- HALDYN GLASS 's latest p/e ratio is 44.19x.

- HALDYN GLASS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.84x.

- HALDYN GLASS 's operated at median p/e ratio of 19.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HALDYN GLASS 's p/e ratio peaked in Mar2024 at 32.29x.

- HALDYN GLASS 's p/e ratio hit its five-year low in Mar2020 of 12.15x.


How does HALDYN GLASS 's P/E Ratio benchmark against top 10 peers in Glass Industry?

Peer Comparison (Glass Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HALDYN GLASS 18.8744.19833.6
ASAHI INDIA GLASS LTD305.9951.2115,670.8
BOROSIL RENEWABLES LTD-96.63-57.925,597.5
LA OPALA RG LTD115.5430.303,500.4
EMPIRE INDUSTRIES LTD42.3214.09596.1
SEJAL GLASS LTD5.33101.08538.3
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD69.952.96206.9

Glass Industry Benchmark (Top 10) PE Analysis vs HALDYN GLASS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -57.92x
Max industry PE 101.08x
Median industry PE 30.30x
Average industry PE 26.56x



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