PONNI SUGARS (ERODE)
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The Current P/E Ratio of PONNI SUGARS (ERODE) is 8.70.
Share Price | ₹379.9 | Jan 14,2025 |
Market Cap | ₹326.7 Cr | |
Earnings-TTM | ₹37.6 Cr | TTM-Standalone Results |
Price/Earnings | 8.70x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PONNI SUGARS (ERODE)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹326.7 Cr] as on Jan 14,2025
(/) Earnings [ ₹37.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 8.70x ]
Thus, for PONNI SUGARS (ERODE) , the investors are currently willing to pay 8.70 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 PONNI SUGARS (ERODE) !
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 PONNI SUGARS (ERODE) over the last five years.
Historical PE (Price/Earnings) ratio chart of PONNI SUGARS (ERODE)
PE Ratio Performance Analysis for PONNI SUGARS (ERODE)
- PONNI SUGARS (ERODE) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.35x.
- PONNI SUGARS (ERODE) 's operated at median p/e ratio of 6.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PONNI SUGARS (ERODE) 's p/e ratio peaked in Mar2023 at 8.88x.
- PONNI SUGARS (ERODE) 's p/e ratio hit its five-year low in Mar2020 of 3.75x.
How does PONNI SUGARS (ERODE) 's P/E Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PONNI SUGARS (ERODE) | 37.55 | 8.70 | 326.7 |
EID PARRY (INDIA) LTD | 1,376.73 | 10.30 | 14,175.8 |
SHREE RENUKA SUGARS LTD | -472.00 | -16.23 | 7,658.3 |
BALRAMPUR CHINI MILLS LTD | 402.73 | 24.92 | 10,034.5 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 306.68 | 28.58 | 8,763.6 |
BAJAJ HINDUSTHAN SUGAR LTD | -21.01 | -169.63 | 3,563.8 |
BANNARI AMMAN SUGARS LTD | 130.60 | 35.21 | 4,597.7 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 290.94 | 9.54 | 2,775.0 |
PICCADILY AGRO INDUSTRIES LTD | 126.32 | 59.72 | 7,543.4 |
DCM SHRIRAM INDUSTRIES LTD | 120.56 | 12.36 | 1,490.6 |
DWARIKESH SUGAR INDUSTRIES LTD | -1.03 | -866.55 | 889.1 |
Sugar Industry Benchmark (Top 10) PE Analysis vs PONNI SUGARS (ERODE) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -866.55x |
Max industry PE | 59.72x |
Median industry PE | 10.30x |
Average industry PE | -78.46x |
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