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RESPONSIVE INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RESPONSIVE INDUSTRIES is 36.35.

Share Price ₹256.7Nov 19,2024
Market Cap ₹6,842.3 Cr
Earnings-TTM₹188.2 CrTTM-Consolidated Results
Price/Earnings36.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RESPONSIVE 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 RESPONSIVE INDUSTRIES is calculated as :

Current Market Cap [ ₹6,842.3 Cr] as on Nov 19,2024

(/) Earnings [ ₹188.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 36.35x ]

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

Thus, for RESPONSIVE INDUSTRIES , the investors are currently willing to pay 36.35 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 RESPONSIVE 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 RESPONSIVE INDUSTRIES over the last five years.

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


PE Ratio Performance Analysis for RESPONSIVE INDUSTRIES

- RESPONSIVE INDUSTRIES 's latest p/e ratio is 36.35x.

- RESPONSIVE INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 75.87x.

- RESPONSIVE INDUSTRIES 's operated at median p/e ratio of 88.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RESPONSIVE INDUSTRIES 's p/e ratio peaked in Mar2023 at 135.92x.

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


How does RESPONSIVE INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RESPONSIVE INDUSTRIES 188.2436.356,842.3
ASTRAL LTD522.9088.1046,066.8
SUPREME INDUSTRIES LTD964.1159.9057,752.1
FINOLEX INDUSTRIES LTD777.4420.4215,871.8
PRINCE PIPES AND FITTINGS LTD131.6635.584,685.0
EPL LTD256.6031.428,061.1
JAI CORP LTD67.8075.255,101.9
TIME TECHNOPLAST LTD367.6122.948,431.6
GARWARE HITECH FILMS LTD306.3035.2810,807.2
JAIN IRRIGATION SYSTEMS LTD36.76115.744,254.4
MOLDTEK PACKAGING LTD62.8135.012,198.9

Plastic Products Industry Benchmark (Top 10) PE Analysis vs RESPONSIVE INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.42x
Max industry PE 115.74x
Median industry PE 35.58x
Average industry PE 50.54x



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