PARAS DEFENCE AND SPACE TECHNOLOGIES
|
The Current P/E Ratio of PARAS DEFENCE AND SPACE TECHNOLOGIES is 93.79.
Share Price | ₹983.3 | Nov 12,2024 |
Market Cap | ₹3,962.7 Cr | |
Earnings-TTM | ₹42.3 Cr | TTM-Consolidated Results |
Price/Earnings | 93.79x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PARAS DEFENCE AND SPACE TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,962.7 Cr] as on Nov 12,2024
(/) Earnings [ ₹42.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 93.79x ]
Thus, for PARAS DEFENCE AND SPACE TECHNOLOGIES , the investors are currently willing to pay 93.79 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 PARAS DEFENCE AND SPACE TECHNOLOGIES !
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 PARAS DEFENCE AND SPACE TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of PARAS DEFENCE AND SPACE TECHNOLOGIES
PE Ratio Performance Analysis for PARAS DEFENCE AND SPACE TECHNOLOGIES
- PARAS DEFENCE AND SPACE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 43.11x.
- PARAS DEFENCE AND SPACE TECHNOLOGIES 's operated at median p/e ratio of 50.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PARAS DEFENCE AND SPACE TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 90.22x.
- PARAS DEFENCE AND SPACE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does PARAS DEFENCE AND SPACE TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Defence Industry?
Peer Comparison (Defence Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PARAS DEFENCE AND SPACE TECHNOLOGIES | 42.25 | 93.79 | 3,962.7 |
HINDUSTAN AERONAUTICS LTD | 7,991.37 | 35.49 | 283,584.0 |
BHARAT DYNAMICS LTD | 578.12 | 65.17 | 37,677.1 |
DATA PATTERNS (INDIA) LTD | 185.14 | 68.39 | 12,661.6 |
ASTRA MICROWAVE PRODUCTS LTD | 120.96 | 61.28 | 7,412.8 |
ROSSELL INDIA LTD | 13.87 | 23.49 | 325.9 |
Defence Industry Benchmark (Top 10) PE Analysis vs PARAS DEFENCE AND SPACE TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 23.49x |
Max industry PE | 93.79x |
Median industry PE | 65.17x |
Average industry PE | 57.94x |
You may also like the below Video Courses