PRAKASH PIPES
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The Current P/E Ratio of PRAKASH PIPES is 11.78.
| Share Price | ₹484.1 | Nov 22,2024 |
| Market Cap | ₹1,156.9 Cr | |
| Earnings-TTM | ₹98.2 Cr | TTM-Standalone Results |
| Price/Earnings | 11.78x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PRAKASH PIPES
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)
Current Market Cap [ ₹1,156.9 Cr] as on Nov 22,2024
(/) Earnings [ ₹98.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 11.78x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for PRAKASH PIPES , the investors are currently willing to pay 11.78 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 PRAKASH PIPES !
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 PRAKASH PIPES over the last five years.
Thus, for PRAKASH PIPES , the investors are currently willing to pay 11.78 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 PRAKASH PIPES !
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 PRAKASH PIPES over the last five years.
Historical PE (Price/Earnings) ratio chart of PRAKASH PIPES
PE Ratio Performance Analysis for PRAKASH PIPES
- PRAKASH PIPES 's latest p/e ratio is 11.78x.
- PRAKASH PIPES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.50x.
- PRAKASH PIPES 's operated at median p/e ratio of 7.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRAKASH PIPES 's p/e ratio peaked in Mar2024 at 9.4x.
- PRAKASH PIPES 's p/e ratio hit its five-year low in Mar2020 of 1.93x.
- PRAKASH PIPES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.50x.
- PRAKASH PIPES 's operated at median p/e ratio of 7.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRAKASH PIPES 's p/e ratio peaked in Mar2024 at 9.4x.
- PRAKASH PIPES 's p/e ratio hit its five-year low in Mar2020 of 1.93x.
How does PRAKASH PIPES '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 |
|---|---|---|---|
| PRAKASH PIPES | 98.20 | 11.78 | 1,156.9 |
| ASTRAL LTD | 522.90 | 90.53 | 47,338.8 |
| SUPREME INDUSTRIES LTD | 964.11 | 59.94 | 57,792.8 |
| FINOLEX INDUSTRIES LTD | 777.44 | 20.63 | 16,036.2 |
| RESPONSIVE INDUSTRIES LTD | 188.24 | 35.87 | 6,751.9 |
| PRINCE PIPES AND FITTINGS LTD | 131.66 | 35.53 | 4,677.8 |
| EPL LTD | 256.60 | 32.37 | 8,306.5 |
| JAI CORP LTD | 67.80 | 76.98 | 5,219.5 |
| TIME TECHNOPLAST LTD | 367.61 | 24.16 | 8,879.7 |
| GARWARE HITECH FILMS LTD | 306.30 | 35.84 | 10,977.4 |
| JAIN IRRIGATION SYSTEMS LTD | 36.76 | 119.00 | 4,374.6 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs PRAKASH PIPES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.78x |
| Max industry PE | 119.00x |
| Median industry PE | 35.84x |
| Average industry PE | 49.33x |
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