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MMP INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MMP INDUSTRIES is 27.20.

Share Price ₹308.8Nov 21,2024
Market Cap ₹784.2 Cr
Earnings-TTM₹28.8 CrTTM-Consolidated Results
Price/Earnings27.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MMP INDUSTRIES

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 MMP INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 27.20x.

- 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 RatioMarket Cap
MMP INDUSTRIES 28.8327.20784.2
NATIONAL ALUMINIUM COMPANY LTD3,167.7014.3845,566.8
HARDWYN INDIA LTD13.0291.091,186.2
ARFIN INDIA LTD9.7560.32588.0
MAAN ALUMINIUM LTD23.2433.84786.4
PG FOILS LTD29.387.21211.7
MANAKSIA ALUMINIUM COMPANY LTD5.2031.78165.3
CENTURY EXTRUSIONS LTD7.9021.14167.0

Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs MMP INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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