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PRIME INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRIME INDUSTRIES is 425.41.

Share Price ₹169.4Jan 06,2025
Market Cap ₹265.9 Cr
Earnings-TTM₹0.6 CrTTM-Standalone Results
Price/Earnings425.41xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRIME INDUSTRIES

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 PRIME INDUSTRIES is calculated as :

Current Market Cap [ ₹265.9 Cr] as on Jan 06,2025

(/) Earnings [ ₹0.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 425.41x ]

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

Thus, for PRIME INDUSTRIES , the investors are currently willing to pay 425.41 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 PRIME INDUSTRIES !

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 PRIME INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PRIME INDUSTRIES


PE Ratio Performance Analysis for PRIME INDUSTRIES

- PRIME INDUSTRIES 's latest p/e ratio is 425.41x.

- PRIME INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.59x.

- PRIME INDUSTRIES 's operated at median p/e ratio of 13.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRIME INDUSTRIES 's p/e ratio peaked in Mar2021 at 38.15x.

- PRIME INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does PRIME INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRIME INDUSTRIES 0.63425.41265.9
NESTLE INDIA LTD3,322.7463.40210,664.0
VARUN BEVERAGES LTD2,582.9982.55213,221.0
BRITANNIA INDUSTRIES LTD2,137.8953.98115,410.0
MARICO LTD1,613.0052.0383,932.1
JUBILANT FOODWORKS LTD390.13129.7050,600.2
HATSUN AGRO PRODUCT LTD304.4271.4321,744.7
DEVYANI INTERNATIONAL LTD-26.37-904.5323,847.9
BIKAJI FOODS INTERNATIONAL LTD288.9263.1018,230.3
SAPPHIRE FOODS INDIA LTD13.82822.3511,364.1
GODREJ AGROVET LTD325.4043.8614,270.6

Consumer Food Industry Benchmark (Top 10) PE Analysis vs PRIME INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -904.53x
Max industry PE 822.35x
Median industry PE 63.40x
Average industry PE 82.12x



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