KAIRA CAN COMPANY
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The Current P/E Ratio of KAIRA CAN COMPANY is 56.29.
| Share Price | ₹1,847.0 | Nov 21,2024 |
| Market Cap | ₹166.2 Cr | |
| Earnings-TTM | ₹3.0 Cr | TTM-Standalone Results |
| Price/Earnings | 56.29x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of KAIRA CAN COMPANY
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)
Current Market Cap [ ₹166.2 Cr] as on Nov 21,2024
(/) Earnings [ ₹3.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 56.29x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for KAIRA CAN COMPANY , the investors are currently willing to pay 56.29 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 KAIRA CAN COMPANY !
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 KAIRA CAN COMPANY over the last five years.
Thus, for KAIRA CAN COMPANY , the investors are currently willing to pay 56.29 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 KAIRA CAN COMPANY !
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 KAIRA CAN COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of KAIRA CAN COMPANY
PE Ratio Performance Analysis for KAIRA CAN COMPANY
- KAIRA CAN COMPANY 's latest p/e ratio is 56.29x.
- KAIRA CAN COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.65x.
- KAIRA CAN COMPANY 's operated at median p/e ratio of 18.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KAIRA CAN COMPANY 's p/e ratio peaked in Mar2024 at 47.13x.
- KAIRA CAN COMPANY 's p/e ratio hit its five-year low in Mar2020 of 10.18x.
- KAIRA CAN COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.65x.
- KAIRA CAN COMPANY 's operated at median p/e ratio of 18.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KAIRA CAN COMPANY 's p/e ratio peaked in Mar2024 at 47.13x.
- KAIRA CAN COMPANY 's p/e ratio hit its five-year low in Mar2020 of 10.18x.
How does KAIRA CAN COMPANY 's P/E Ratio benchmark against top 10 peers in Packaging Industry?
| Peer Comparison (Packaging Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| KAIRA CAN COMPANY | 2.95 | 56.29 | 166.2 |
| AGI GREENPAC LTD | 267.01 | 21.91 | 5,851.2 |
| UFLEX LTD | -491.08 | -8.04 | 3,950.3 |
| TCPL PACKAGING LTD | 115.74 | 24.14 | 2,794.3 |
| ARROW GREENTECH LTD | 53.68 | 25.57 | 1,372.8 |
| PYRAMID TECHNOPLAST LTD | 27.01 | 25.61 | 691.7 |
Packaging Industry Benchmark (Top 10) PE Analysis vs KAIRA CAN COMPANY 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -8.04x |
| Max industry PE | 56.29x |
| Median industry PE | 25.57x |
| Average industry PE | 24.25x |
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