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PRESTIGE ESTATES PROJECTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRESTIGE ESTATES PROJECTS is 74.51.

Share Price ₹1,631.5Nov 22,2024
Market Cap ₹70,266.6 Cr
Earnings-TTM₹943.1 CrTTM-Consolidated Results
Price/Earnings74.51xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRESTIGE ESTATES PROJECTS

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 PRESTIGE ESTATES PROJECTS is calculated as :

Current Market Cap [ ₹70,266.6 Cr] as on Nov 22,2024

(/) Earnings [ ₹943.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 74.51x ]

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

Thus, for PRESTIGE ESTATES PROJECTS , the investors are currently willing to pay 74.51 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 PRESTIGE ESTATES PROJECTS !

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 PRESTIGE ESTATES PROJECTS over the last five years.

Historical PE (Price/Earnings) ratio chart of PRESTIGE ESTATES PROJECTS


PE Ratio Performance Analysis for PRESTIGE ESTATES PROJECTS

- PRESTIGE ESTATES PROJECTS 's latest p/e ratio is 74.51x.

- PRESTIGE ESTATES PROJECTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.92x.

- PRESTIGE ESTATES PROJECTS 's operated at median p/e ratio of 17.15x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRESTIGE ESTATES PROJECTS 's p/e ratio peaked in Mar2024 at 34.13x.

- PRESTIGE ESTATES PROJECTS 's p/e ratio hit its five-year low in Mar2021 of 4.4x.


How does PRESTIGE ESTATES PROJECTS 's P/E Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRESTIGE ESTATES PROJECTS 943.1074.5170,266.6
DLF LTD2,389.3083.26198,928.0
MACROTECH DEVELOPERS LTD2,079.6059.72124,199.0
GODREJ PROPERTIES LTD1,445.7454.9579,441.0
OBEROI REALTY LTD2,312.3730.5370,593.4
THE PHOENIX MILLS LTD1,336.8743.4758,117.0
BRIGADE ENTERPRISES LTD462.2663.0329,138.1
NBCC (INDIA) LTD487.1149.3924,057.0
SIGNATUREGLOBAL (INDIA) LTD54.38335.3718,237.6
SOBHA LTD54.26321.0117,418.5
VALOR ESTATE LTD327.8426.288,615.5

Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs PRESTIGE ESTATES PROJECTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 26.28x
Max industry PE 335.37x
Median industry PE 59.72x
Average industry PE 103.77x



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