LT FOODS
|
The Current P/E Ratio of LT FOODS is 20.86.
| Share Price | ₹340.3 | Nov 19,2024 |
| Market Cap | ₹11,816.9 Cr | |
| Earnings-TTM | ₹566.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.86x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of LT FOODS
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 [ ₹11,816.9 Cr] as on Nov 19,2024
(/) Earnings [ ₹566.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.86x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for LT FOODS , the investors are currently willing to pay 20.86 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 LT FOODS !
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 LT FOODS over the last five years.
Thus, for LT FOODS , the investors are currently willing to pay 20.86 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 LT FOODS !
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 LT FOODS over the last five years.
Historical PE (Price/Earnings) ratio chart of LT FOODS
PE Ratio Performance Analysis for LT FOODS
- LT FOODS 's latest p/e ratio is 20.86x.
- LT FOODS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.64x.
- LT FOODS 's operated at median p/e ratio of 8.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LT FOODS 's p/e ratio peaked in Mar2024 at 11.02x.
- LT FOODS 's p/e ratio hit its five-year low in Mar2020 of 3.47x.
- LT FOODS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.64x.
- LT FOODS 's operated at median p/e ratio of 8.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LT FOODS 's p/e ratio peaked in Mar2024 at 11.02x.
- LT FOODS 's p/e ratio hit its five-year low in Mar2020 of 3.47x.
How does LT FOODS 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
| Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| LT FOODS | 566.51 | 20.86 | 11,816.9 |
| NESTLE INDIA LTD | 3,322.74 | 64.38 | 213,932.0 |
| VARUN BEVERAGES LTD | 2,582.99 | 79.30 | 204,832.0 |
| BRITANNIA INDUSTRIES LTD | 2,137.89 | 55.14 | 117,876.0 |
| MARICO LTD | 1,613.00 | 47.44 | 76,518.2 |
| JUBILANT FOODWORKS LTD | 390.13 | 103.65 | 40,435.3 |
| HATSUN AGRO PRODUCT LTD | 304.42 | 79.56 | 24,219.4 |
| DEVYANI INTERNATIONAL LTD | -26.37 | -743.25 | 19,595.8 |
| BIKAJI FOODS INTERNATIONAL LTD | 288.92 | 64.08 | 18,513.3 |
| SAPPHIRE FOODS INDIA LTD | 13.82 | 711.54 | 9,832.8 |
| GODREJ AGROVET LTD | 325.40 | 42.94 | 13,971.6 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs LT FOODS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -743.25x |
| Max industry PE | 711.54x |
| Median industry PE | 64.08x |
| Average industry PE | 47.78x |
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