PREVEST DENPRO
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The Current P/E Ratio of PREVEST DENPRO is 40.90.
| Share Price | ₹572.3 | Dec 20,2024 |
| Market Cap | ₹686.7 Cr | |
| Earnings-TTM | ₹16.8 Cr | TTM-Standalone Results |
| Price/Earnings | 40.90x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PREVEST DENPRO
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 [ ₹686.7 Cr] as on Dec 20,2024
(/) Earnings [ ₹16.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 40.90x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for PREVEST DENPRO , the investors are currently willing to pay 40.90 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 PREVEST DENPRO !
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 PREVEST DENPRO over the last five years.
Thus, for PREVEST DENPRO , the investors are currently willing to pay 40.90 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 PREVEST DENPRO !
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 PREVEST DENPRO over the last five years.
Historical PE (Price/Earnings) ratio chart of PREVEST DENPRO
PE Ratio Performance Analysis for PREVEST DENPRO
- PREVEST DENPRO 's latest p/e ratio is 40.90x.
- PREVEST DENPRO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.00x.
- PREVEST DENPRO 's operated at median p/e ratio of 21.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PREVEST DENPRO 's p/e ratio peaked in Mar2022 at 37.45x.
- PREVEST DENPRO 's p/e ratio hit its five-year low in Mar2021 of 0x.
- PREVEST DENPRO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.00x.
- PREVEST DENPRO 's operated at median p/e ratio of 21.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PREVEST DENPRO 's p/e ratio peaked in Mar2022 at 37.45x.
- PREVEST DENPRO 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does PREVEST DENPRO 's P/E Ratio benchmark against top 10 peers in Medical Equipment/Supplies/Accessories Industry?
| Peer Comparison (Medical Equipment/Supplies/Accessories Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| PREVEST DENPRO | 16.79 | 40.90 | 686.7 |
| POLY MEDICURE LTD | 292.74 | 89.92 | 26,321.9 |
| NURECA LTD | -2.80 | -100.34 | 281.1 |
Medical Equipment/Supplies/Accessories Industry Benchmark (Top 10) PE Analysis vs PREVEST DENPRO 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -100.34x |
| Max industry PE | 89.92x |
| Median industry PE | 40.90x |
| Average industry PE | 10.16x |
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