PARSHVA ENTERPRISES
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The Current P/E Ratio of PARSHVA ENTERPRISES is 964.42.
Share Price | ₹242.1 | Sep 06,2024 |
Market Cap | ₹246.9 Cr | |
Earnings-TTM | ₹0.3 Cr | TTM-Standalone Results |
Price/Earnings | 964.42x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PARSHVA ENTERPRISES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹246.9 Cr] as on Sep 06,2024
(/) Earnings [ ₹0.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 964.42x ]
Thus, for PARSHVA ENTERPRISES , the investors are currently willing to pay 964.42 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 PARSHVA ENTERPRISES !
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 PARSHVA ENTERPRISES over the last five years.
Historical PE (Price/Earnings) ratio chart of PARSHVA ENTERPRISES
PE Ratio Performance Analysis for PARSHVA ENTERPRISES
- PARSHVA ENTERPRISES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 432.24x.
- PARSHVA ENTERPRISES 's operated at median p/e ratio of 526.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PARSHVA ENTERPRISES 's p/e ratio peaked in Mar2024 at 837.38x.
- PARSHVA ENTERPRISES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does PARSHVA ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PARSHVA ENTERPRISES | 0.26 | 964.42 | 246.9 |
ADANI ENTERPRISES LTD | 4,226.98 | 80.28 | 339,361.0 |
REDINGTON LTD | 1,200.45 | 12.92 | 15,510.4 |
HONASA CONSUMER LTD | 126.07 | 137.00 | 17,272.5 |
MMTC LTD | 96.91 | 147.66 | 14,310.0 |
MSTC LTD | 222.51 | 23.80 | 5,296.2 |
LLOYDS ENTERPRISES LTD | 176.79 | 28.71 | 5,075.8 |
VERITAS (INDIA) LTD | 209.79 | 13.55 | 2,843.1 |
NOVARTIS INDIA LTD | 90.67 | 29.69 | 2,692.0 |
OPTIEMUS INFRACOM LTD | 57.46 | 87.81 | 5,045.4 |
MISHTANN FOODS LTD | 11.11 | 146.02 | 1,622.9 |
Trading Industry Benchmark (Top 10) PE Analysis vs PARSHVA ENTERPRISES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.92x |
Max industry PE | 964.42x |
Median industry PE | 80.28x |
Average industry PE | 151.99x |
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