MMP INDUSTRIES
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The Current P/E Ratio of MMP INDUSTRIES is 27.20.
Share Price | ₹308.8 | Nov 21,2024 |
Market Cap | ₹784.2 Cr | |
Earnings-TTM | ₹28.8 Cr | TTM-Consolidated Results |
Price/Earnings | 27.20x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MMP INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹784.2 Cr] as on Nov 21,2024
(/) Earnings [ ₹28.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.20x ]
Thus, for MMP INDUSTRIES , the investors are currently willing to pay 27.20 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 MMP INDUSTRIES !
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 MMP INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of MMP INDUSTRIES
PE Ratio Performance Analysis for MMP INDUSTRIES
- MMP INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.32x.
- MMP INDUSTRIES 's operated at median p/e ratio of 13.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MMP INDUSTRIES 's p/e ratio peaked in Mar2024 at 20.44x.
- MMP INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 8.01x.
How does MMP INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?
Peer Comparison (Aluminium & Aluminium Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MMP INDUSTRIES | 28.83 | 27.20 | 784.2 |
NATIONAL ALUMINIUM COMPANY LTD | 3,167.70 | 14.38 | 45,566.8 |
HARDWYN INDIA LTD | 13.02 | 91.09 | 1,186.2 |
ARFIN INDIA LTD | 9.75 | 60.32 | 588.0 |
MAAN ALUMINIUM LTD | 23.24 | 33.84 | 786.4 |
PG FOILS LTD | 29.38 | 7.21 | 211.7 |
MANAKSIA ALUMINIUM COMPANY LTD | 5.20 | 31.78 | 165.3 |
CENTURY EXTRUSIONS LTD | 7.90 | 21.14 | 167.0 |
Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs MMP INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.21x |
Max industry PE | 91.09x |
Median industry PE | 31.78x |
Average industry PE | 35.87x |
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