RESPONSIVE INDUSTRIES
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The Current P/E Ratio of RESPONSIVE INDUSTRIES is 36.35.
Share Price | ₹256.7 | Nov 19,2024 |
Market Cap | ₹6,842.3 Cr | |
Earnings-TTM | ₹188.2 Cr | TTM-Consolidated Results |
Price/Earnings | 36.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RESPONSIVE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
RESPONSIVE INDUSTRIES | 188.24 | 36.35 | 6,842.3 |
ASTRAL LTD | 522.90 | 88.10 | 46,066.8 |
SUPREME INDUSTRIES LTD | 964.11 | 59.90 | 57,752.1 |
FINOLEX INDUSTRIES LTD | 777.44 | 20.42 | 15,871.8 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 35.58 | 4,685.0 |
EPL LTD | 256.60 | 31.42 | 8,061.1 |
JAI CORP LTD | 67.80 | 75.25 | 5,101.9 |
TIME TECHNOPLAST LTD | 367.61 | 22.94 | 8,431.6 |
GARWARE HITECH FILMS LTD | 306.30 | 35.28 | 10,807.2 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 115.74 | 4,254.4 |
MOLDTEK PACKAGING LTD | 62.81 | 35.01 | 2,198.9 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs RESPONSIVE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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