MANGALORE REFINERY AND PETROCHEMICALS
|
The Current P/E Ratio of MANGALORE REFINERY AND PETROCHEMICALS is 31.21.
Share Price | ₹157.6 | Nov 22,2024 |
Market Cap | ₹27,612.2 Cr | |
Earnings-TTM | ₹884.7 Cr | TTM-Consolidated Results |
Price/Earnings | 31.21x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MANGALORE REFINERY AND PETROCHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MANGALORE REFINERY AND PETROCHEMICALS | 884.65 | 31.21 | 27,612.2 |
RELIANCE INDUSTRIES LTD | 77,180.00 | 22.20 | 1,713,130.0 |
INDIAN OIL CORPORATION LTD | 15,856.00 | 11.81 | 187,248.0 |
BHARAT PETROLEUM CORPORATION LTD | 11,785.80 | 10.52 | 123,993.0 |
HINDUSTAN PETROLEUM CORPORATION LTD | 3,793.39 | 20.22 | 76,718.6 |
CHENNAI PETROLEUM CORPORATION LTD | 667.16 | 13.03 | 8,692.0 |
Refineries Industry Benchmark (Top 10) PE Analysis vs MANGALORE REFINERY AND PETROCHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.52x |
Max industry PE | 31.21x |
Median industry PE | 20.22x |
Average industry PE | 18.16x |
You may also like the below Video Courses