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HALDYN GLASS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HALDYN GLASS is 35.18.

Share Price ₹108.6Feb 18,2025
Market Cap ₹584.3 Cr
Earnings-TTM₹16.6 CrTTM-Consolidated Results
Price/Earnings35.18xCalculated 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 [ ₹584.3 Cr] as on Feb 18,2025

(/) Earnings [ ₹16.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 35.18x ]

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 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 latest p/e ratio is 35.18x.

- 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 16.6135.18584.3
ASAHI INDIA GLASS LTD348.5546.6816,268.8
BOROSIL RENEWABLES LTD-110.92-59.956,649.2
LA OPALA RG LTD94.5524.302,297.2
EMPIRE INDUSTRIES LTD42.6114.28608.6
SEJAL GLASS LTD7.5349.42372.2
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD18.6711.71218.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -59.95x
Max industry PE 49.42x
Median industry PE 24.30x
Average industry PE 17.37x



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