INDRAYANI BIOTECH
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The Current P/E Ratio of INDRAYANI BIOTECH is 14.26.
Share Price | ₹38.3 | Nov 19,2024 |
Market Cap | ₹174.0 Cr | |
Earnings-TTM | ₹12.2 Cr | TTM-Consolidated Results |
Price/Earnings | 14.26x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDRAYANI BIOTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹174.0 Cr] as on Nov 19,2024
(/) Earnings [ ₹12.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 14.26x ]
Thus, for INDRAYANI BIOTECH , the investors are currently willing to pay 14.26 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 INDRAYANI BIOTECH !
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 INDRAYANI BIOTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of INDRAYANI BIOTECH
PE Ratio Performance Analysis for INDRAYANI BIOTECH
- INDRAYANI BIOTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.92x.
- INDRAYANI BIOTECH 's operated at median p/e ratio of 22.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDRAYANI BIOTECH 's p/e ratio peaked in Mar2024 at 35.18x.
- INDRAYANI BIOTECH 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does INDRAYANI BIOTECH 's P/E Ratio benchmark against top 10 peers in Floriculture Industry?
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