PANASONIC ENERGY INDIA COMPANY
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The Current P/E Ratio of PANASONIC ENERGY INDIA COMPANY is 23.62.
Share Price | ₹433.9 | Nov 21,2024 |
Market Cap | ₹325.4 Cr | |
Earnings-TTM | ₹13.8 Cr | TTM-Standalone Results |
Price/Earnings | 23.62x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PANASONIC ENERGY INDIA COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
PANASONIC ENERGY INDIA COMPANY | 13.77 | 23.62 | 325.4 |
EXIDE INDUSTRIES LTD | 842.60 | 41.93 | 35,330.2 |
AMARA RAJA ENERGY & MOBILITY LTD | 969.26 | 23.13 | 22,416.9 |
HBL POWER SYSTEMS LTD | 295.85 | 50.43 | 14,920.0 |
EVEREADY INDUSTRIES INDIA LTD | 75.38 | 35.97 | 2,711.6 |
HIGH ENERGY BATTERIES (INDIA) LTD | 12.63 | 41.03 | 518.1 |
INDONATIONAL LTD | 148.86 | 2.55 | 379.5 |
Batteries Industry Benchmark (Top 10) PE Analysis vs PANASONIC ENERGY INDIA COMPANY 's P/E Ratio
Top 10 Industry Peers | PE 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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