PRINCE PIPES AND FITTINGS
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The Current P/E Ratio of PRINCE PIPES AND FITTINGS is 34.23.
Share Price | ₹407.5 | Dec 20,2024 |
Market Cap | ₹4,507.0 Cr | |
Earnings-TTM | ₹131.7 Cr | TTM-Standalone Results |
Price/Earnings | 34.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRINCE PIPES AND FITTINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,507.0 Cr] as on Dec 20,2024
(/) Earnings [ ₹131.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 34.23x ]
Thus, for PRINCE PIPES AND FITTINGS , the investors are currently willing to pay 34.23 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 PRINCE PIPES AND FITTINGS !
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 PRINCE PIPES AND FITTINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of PRINCE PIPES AND FITTINGS
PE Ratio Performance Analysis for PRINCE PIPES AND FITTINGS
- PRINCE PIPES AND FITTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 28.30x.
- PRINCE PIPES AND FITTINGS 's operated at median p/e ratio of 28.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRINCE PIPES AND FITTINGS 's p/e ratio peaked in Mar2023 at 49.35x.
- PRINCE PIPES AND FITTINGS 's p/e ratio hit its five-year low in Mar2020 of 10x.
How does PRINCE PIPES AND FITTINGS '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 |
---|---|---|---|
PRINCE PIPES AND FITTINGS | 131.66 | 34.23 | 4,507.0 |
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 |
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 |
MOLDTEK PACKAGING LTD | 62.81 | 35.17 | 2,208.6 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs PRINCE PIPES AND FITTINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.05x |
Max industry PE | 125.72x |
Median industry PE | 35.67x |
Average industry PE | 53.15x |
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