HALDYN GLASS
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The Current P/E Ratio of HALDYN GLASS is 44.19.
Share Price | ₹155.0 | Nov 22,2024 |
Market Cap | ₹833.6 Cr | |
Earnings-TTM | ₹18.9 Cr | TTM-Consolidated Results |
Price/Earnings | 44.19x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HALDYN GLASS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
HALDYN GLASS | 18.87 | 44.19 | 833.6 |
ASAHI INDIA GLASS LTD | 305.99 | 51.21 | 15,670.8 |
BOROSIL RENEWABLES LTD | -96.63 | -57.92 | 5,597.5 |
LA OPALA RG LTD | 115.54 | 30.30 | 3,500.4 |
EMPIRE INDUSTRIES LTD | 42.32 | 14.09 | 596.1 |
SEJAL GLASS LTD | 5.33 | 101.08 | 538.3 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 69.95 | 2.96 | 206.9 |
Glass Industry Benchmark (Top 10) PE Analysis vs HALDYN GLASS 's P/E Ratio
Top 10 Industry Peers | PE 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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