POLYPLEX CORPORATION
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The Current P/E Ratio of POLYPLEX CORPORATION is 13.03.
Share Price | ₹1,285.0 | Dec 26,2024 |
Market Cap | ₹4,034.9 Cr | |
Earnings-TTM | ₹309.7 Cr | TTM-Consolidated Results |
Price/Earnings | 13.03x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of POLYPLEX CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
POLYPLEX CORPORATION | 309.68 | 13.03 | 4,034.9 |
ASTRAL LTD | 522.90 | 85.86 | 44,898.3 |
SUPREME INDUSTRIES LTD | 964.11 | 62.51 | 60,262.8 |
FINOLEX INDUSTRIES LTD | 777.44 | 18.97 | 14,748.7 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.85 | 6,747.9 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 33.37 | 4,393.1 |
EPL LTD | 256.60 | 32.62 | 8,371.2 |
JAI CORP LTD | 67.80 | 82.80 | 5,613.5 |
TIME TECHNOPLAST LTD | 367.61 | 30.33 | 11,151.3 |
GARWARE HITECH FILMS LTD | 306.30 | 40.01 | 12,255.2 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 124.24 | 4,567.1 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs POLYPLEX CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE 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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