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PANASONIC ENERGY INDIA COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of PANASONIC ENERGY INDIA COMPANY is 23.62.

Share Price ₹433.9Nov 21,2024
Market Cap ₹325.4 Cr
Earnings-TTM₹13.8 CrTTM-Standalone Results
Price/Earnings23.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PANASONIC ENERGY INDIA COMPANY

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 PANASONIC ENERGY INDIA COMPANY is calculated as :

Current Market Cap [ ₹325.4 Cr] as on Nov 21,2024

(/) Earnings [ ₹13.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 23.62x ]

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

Thus, for PANASONIC ENERGY INDIA COMPANY , the investors are currently willing to pay 23.62 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 PANASONIC ENERGY INDIA COMPANY !

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 PANASONIC ENERGY INDIA COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of PANASONIC ENERGY INDIA COMPANY


PE Ratio Performance Analysis for PANASONIC ENERGY INDIA COMPANY

- PANASONIC ENERGY INDIA COMPANY 's latest p/e ratio is 23.62x.

- PANASONIC ENERGY INDIA COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.73x.

- PANASONIC ENERGY INDIA COMPANY 's operated at median p/e ratio of 22.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PANASONIC ENERGY INDIA COMPANY 's p/e ratio peaked in Mar2024 at 26.29x.

- PANASONIC ENERGY INDIA COMPANY 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does PANASONIC ENERGY INDIA COMPANY 's P/E Ratio benchmark against top 10 peers in Batteries Industry?

Peer Comparison (Batteries Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PANASONIC ENERGY INDIA COMPANY 13.7723.62325.4
EXIDE INDUSTRIES LTD842.6041.9335,330.2
AMARA RAJA ENERGY & MOBILITY LTD969.2623.1322,416.9
HBL POWER SYSTEMS LTD295.8550.4314,920.0
EVEREADY INDUSTRIES INDIA LTD75.3835.972,711.6
HIGH ENERGY BATTERIES (INDIA) LTD12.6341.03518.1
INDONATIONAL LTD148.862.55379.5

Batteries Industry Benchmark (Top 10) PE Analysis vs PANASONIC ENERGY INDIA COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 2.55x
Max industry PE 50.43x
Median industry PE 35.97x
Average industry PE 31.24x



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