ICE MAKE REFRIGERATION
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The Current P/E Ratio of ICE MAKE REFRIGERATION is 48.65.
Share Price | ₹761.0 | Nov 22,2024 |
Market Cap | ₹1,202.4 Cr | |
Earnings-TTM | ₹24.7 Cr | TTM-Consolidated Results |
Price/Earnings | 48.65x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ICE MAKE REFRIGERATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,202.4 Cr] as on Nov 22,2024
(/) Earnings [ ₹24.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 48.65x ]
Thus, for ICE MAKE REFRIGERATION , the investors are currently willing to pay 48.65 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 ICE MAKE REFRIGERATION !
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 ICE MAKE REFRIGERATION over the last five years.
Historical PE (Price/Earnings) ratio chart of ICE MAKE REFRIGERATION
PE Ratio Performance Analysis for ICE MAKE REFRIGERATION
- ICE MAKE REFRIGERATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 19.35x.
- ICE MAKE REFRIGERATION 's operated at median p/e ratio of 19.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ICE MAKE REFRIGERATION 's p/e ratio peaked in Mar2021 at 28.95x.
- ICE MAKE REFRIGERATION 's p/e ratio hit its five-year low in Mar2020 of 10.32x.
How does ICE MAKE REFRIGERATION 's P/E Ratio benchmark against top 10 peers in Electronics - Components Industry?
Peer Comparison (Electronics - Components Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ICE MAKE REFRIGERATION | 24.72 | 48.65 | 1,202.4 |
KAYNES TECHNOLOGY INDIA LTD | 237.44 | 157.89 | 37,488.6 |
SYRMA SGS TECHNOLOGY LTD | 125.49 | 74.91 | 9,400.5 |
AVALON TECHNOLOGIES LTD | 28.81 | 196.19 | 5,652.7 |
DCX SYSTEMS LTD | 54.50 | 65.54 | 3,571.6 |
APOLLO MICRO SYSTEMS LTD | 47.05 | 59.40 | 2,795.2 |
IKIO LIGHTING LTD | 53.77 | 36.46 | 1,960.2 |
CENTUM ELECTRONICS LTD | -3.80 | -549.66 | 2,089.8 |
WEBSOL ENERGY SYSTEM LTD | -48.35 | -115.00 | 5,560.1 |
SWELECT ENERGY SYSTEMS LTD | 56.77 | 27.13 | 1,540.3 |
KERNEX MICROSYSTEMS (INDIA) LTD | -10.85 | -146.06 | 1,584.9 |
Electronics - Components Industry Benchmark (Top 10) PE Analysis vs ICE MAKE REFRIGERATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -549.66x |
Max industry PE | 196.19x |
Median industry PE | 48.65x |
Average industry PE | -13.14x |
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