PRIMA PLASTICS
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The Current P/E Ratio of PRIMA PLASTICS is 14.96.
Share Price | ₹164.5 | Dec 20,2024 |
Market Cap | ₹180.9 Cr | |
Earnings-TTM | ₹12.1 Cr | TTM-Consolidated Results |
Price/Earnings | 14.96x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRIMA PLASTICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹180.9 Cr] as on Dec 20,2024
(/) Earnings [ ₹12.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 14.96x ]
Thus, for PRIMA PLASTICS , the investors are currently willing to pay 14.96 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 PRIMA PLASTICS !
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 PRIMA PLASTICS over the last five years.
Historical PE (Price/Earnings) ratio chart of PRIMA PLASTICS
PE Ratio Performance Analysis for PRIMA PLASTICS
- PRIMA PLASTICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.00x.
- PRIMA PLASTICS 's operated at median p/e ratio of 7.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRIMA PLASTICS 's p/e ratio peaked in Mar2022 at 10.45x.
- PRIMA PLASTICS 's p/e ratio hit its five-year low in Mar2020 of 2.78x.
How does PRIMA PLASTICS '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 |
---|---|---|---|
PRIMA PLASTICS | 12.10 | 14.96 | 180.9 |
ASTRAL LTD | 522.90 | 89.11 | 46,594.7 |
SUPREME INDUSTRIES LTD | 964.11 | 63.87 | 61,575.6 |
FINOLEX INDUSTRIES LTD | 777.44 | 19.05 | 14,813.9 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.67 | 6,714.5 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 34.22 | 4,505.4 |
EPL LTD | 256.60 | 32.93 | 8,450.9 |
JAI CORP LTD | 67.80 | 82.11 | 5,567.0 |
TIME TECHNOPLAST LTD | 367.61 | 28.85 | 10,606.7 |
GARWARE HITECH FILMS LTD | 306.30 | 37.91 | 11,611.4 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 125.72 | 4,621.4 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs PRIMA PLASTICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.96x |
Max industry PE | 125.72x |
Median industry PE | 35.67x |
Average industry PE | 51.31x |
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