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POLYPLEX CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of POLYPLEX CORPORATION is 13.03.

Share Price ₹1,285.0Dec 26,2024
Market Cap ₹4,034.9 Cr
Earnings-TTM₹309.7 CrTTM-Consolidated Results
Price/Earnings13.03xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of POLYPLEX CORPORATION

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 POLYPLEX CORPORATION is calculated as :

Current Market Cap [ ₹4,034.9 Cr] as on Dec 26,2024

(/) Earnings [ ₹309.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 13.03x ]

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

Thus, for POLYPLEX CORPORATION , the investors are currently willing to pay 13.03 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 POLYPLEX CORPORATION !

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 POLYPLEX CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of POLYPLEX CORPORATION


PE Ratio Performance Analysis for POLYPLEX CORPORATION

- POLYPLEX CORPORATION 's latest p/e ratio is 13.03x.

- POLYPLEX CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.19x.

- POLYPLEX CORPORATION 's operated at median p/e ratio of 10.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POLYPLEX CORPORATION 's p/e ratio peaked in Mar2024 at 63.6x.

- POLYPLEX CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 3.4x.


How does POLYPLEX CORPORATION 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
POLYPLEX CORPORATION 309.6813.034,034.9
ASTRAL LTD522.9085.8644,898.3
SUPREME INDUSTRIES LTD964.1162.5160,262.8
FINOLEX INDUSTRIES LTD777.4418.9714,748.7
RESPONSIVE INDUSTRIES LTD188.2435.856,747.9
PRINCE PIPES AND FITTINGS LTD131.6633.374,393.1
EPL LTD256.6032.628,371.2
JAI CORP LTD67.8082.805,613.5
TIME TECHNOPLAST LTD367.6130.3311,151.3
GARWARE HITECH FILMS LTD306.3040.0112,255.2
JAIN IRRIGATION SYSTEMS LTD36.76124.244,567.1

Plastic Products Industry Benchmark (Top 10) PE Analysis vs POLYPLEX CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.03x
Max industry PE 124.24x
Median industry PE 35.85x
Average industry PE 50.87x



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