HINDUSTHAN NATIONAL GLASS & INDUSTRIES
|
The Current P/E Ratio of HINDUSTHAN NATIONAL GLASS & INDUSTRIES is 2.96.
Share Price | ₹23.1 | Nov 22,2024 |
Market Cap | ₹207.0 Cr | |
Earnings-TTM | ₹70.0 Cr | TTM-Standalone Results |
Price/Earnings | 2.96x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTHAN NATIONAL GLASS & INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹207.0 Cr] as on Nov 22,2024
(/) Earnings [ ₹70.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 2.96x ]
Thus, for HINDUSTHAN NATIONAL GLASS & INDUSTRIES , the investors are currently willing to pay 2.96 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 HINDUSTHAN NATIONAL GLASS & INDUSTRIES !
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 HINDUSTHAN NATIONAL GLASS & INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTHAN NATIONAL GLASS & INDUSTRIES
PE Ratio Performance Analysis for HINDUSTHAN NATIONAL GLASS & INDUSTRIES
- HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.19x.
- HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's p/e ratio peaked in Mar2024 at 0.96x.
- HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HINDUSTHAN NATIONAL GLASS & INDUSTRIES | 69.95 | 2.96 | 207.0 |
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 |
HALDYN GLASS LTD | 18.87 | 44.15 | 832.9 |
EMPIRE INDUSTRIES LTD | 42.32 | 14.09 | 596.1 |
SEJAL GLASS LTD | 5.33 | 101.08 | 538.3 |
Glass Industry Benchmark (Top 10) PE Analysis vs HINDUSTHAN NATIONAL GLASS & INDUSTRIES '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 | 26.55x |
You may also like the below Video Courses