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MANGALORE REFINERY AND PETROCHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MANGALORE REFINERY AND PETROCHEMICALS is 31.21.

Share Price ₹157.6Nov 22,2024
Market Cap ₹27,612.2 Cr
Earnings-TTM₹884.7 CrTTM-Consolidated Results
Price/Earnings31.21xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MANGALORE REFINERY AND PETROCHEMICALS

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)

Applying the above formula, P/E ratio of MANGALORE REFINERY AND PETROCHEMICALS is calculated as :

Current Market Cap [ ₹27,612.2 Cr] as on Nov 22,2024

(/) Earnings [ ₹884.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.21x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for MANGALORE REFINERY AND PETROCHEMICALS , the investors are currently willing to pay 31.21 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 MANGALORE REFINERY AND PETROCHEMICALS !

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 MANGALORE REFINERY AND PETROCHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of MANGALORE REFINERY AND PETROCHEMICALS


PE Ratio Performance Analysis for MANGALORE REFINERY AND PETROCHEMICALS

- MANGALORE REFINERY AND PETROCHEMICALS 's latest p/e ratio is 31.21x.

- MANGALORE REFINERY AND PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.32x.

- MANGALORE REFINERY AND PETROCHEMICALS 's operated at median p/e ratio of 2.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANGALORE REFINERY AND PETROCHEMICALS 's p/e ratio peaked in Mar2024 at 10.66x.

- MANGALORE REFINERY AND PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does MANGALORE REFINERY AND PETROCHEMICALS 's P/E Ratio benchmark against top 10 peers in Refineries Industry?

Peer Comparison (Refineries Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MANGALORE REFINERY AND PETROCHEMICALS 884.6531.2127,612.2
RELIANCE INDUSTRIES LTD77,180.0022.201,713,130.0
INDIAN OIL CORPORATION LTD15,856.0011.81187,248.0
BHARAT PETROLEUM CORPORATION LTD11,785.8010.52123,993.0
HINDUSTAN PETROLEUM CORPORATION LTD3,793.3920.2276,718.6
CHENNAI PETROLEUM CORPORATION LTD667.1613.038,692.0

Refineries Industry Benchmark (Top 10) PE Analysis vs MANGALORE REFINERY AND PETROCHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.52x
Max industry PE 31.21x
Median industry PE 20.22x
Average industry PE 18.16x



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