HALDYN GLASS
|
The Current P/E Ratio of HALDYN GLASS is 35.18.
Share Price | ₹108.6 | Feb 18,2025 |
Market Cap | ₹584.3 Cr | |
Earnings-TTM | ₹16.6 Cr | TTM-Consolidated Results |
Price/Earnings | 35.18x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹584.3 Cr] as on Feb 18,2025
(/) Earnings [ ₹16.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.18x ]
Thus, for HALDYN GLASS , the investors are currently willing to pay 35.18 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 | 16.61 | 35.18 | 584.3 |
ASAHI INDIA GLASS LTD | 348.55 | 46.68 | 16,268.8 |
BOROSIL RENEWABLES LTD | -110.92 | -59.95 | 6,649.2 |
LA OPALA RG LTD | 94.55 | 24.30 | 2,297.2 |
EMPIRE INDUSTRIES LTD | 42.61 | 14.28 | 608.6 |
SEJAL GLASS LTD | 7.53 | 49.42 | 372.2 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 18.67 | 11.71 | 218.7 |
Glass Industry Benchmark (Top 10) PE Analysis vs HALDYN GLASS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -59.95x |
Max industry PE | 49.42x |
Median industry PE | 24.30x |
Average industry PE | 17.37x |
You may also like the below Video Courses