SHAILY ENGINEERING PLASTICS
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The Current P/E Ratio of SHAILY ENGINEERING PLASTICS is 92.27.
Share Price | ₹1,468.1 | Dec 24,2024 |
Market Cap | ₹6,753.3 Cr | |
Earnings-TTM | ₹73.2 Cr | TTM-Consolidated Results |
Price/Earnings | 92.27x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHAILY ENGINEERING PLASTICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,753.3 Cr] as on Dec 24,2024
(/) Earnings [ ₹73.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 92.27x ]
Thus, for SHAILY ENGINEERING PLASTICS , the investors are currently willing to pay 92.27 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 SHAILY ENGINEERING 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 SHAILY ENGINEERING PLASTICS over the last five years.
Historical PE (Price/Earnings) ratio chart of SHAILY ENGINEERING PLASTICS
PE Ratio Performance Analysis for SHAILY ENGINEERING PLASTICS
- SHAILY ENGINEERING PLASTICS 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 34.79x.
- SHAILY ENGINEERING PLASTICS 's operated at median p/e ratio of 42.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SHAILY ENGINEERING PLASTICS 's p/e ratio peaked in Mar2022 at 56.58x.
- SHAILY ENGINEERING PLASTICS 's p/e ratio hit its five-year low in Mar2023 of 5.36x.
How does SHAILY ENGINEERING 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 |
---|---|---|---|
SHAILY ENGINEERING PLASTICS | 73.19 | 92.27 | 6,753.3 |
ASTRAL LTD | 522.90 | 85.86 | 44,898.3 |
SUPREME INDUSTRIES LTD | 964.11 | 62.51 | 60,262.8 |
FINOLEX INDUSTRIES LTD | 777.44 | 18.97 | 14,748.7 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.85 | 6,747.9 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 33.37 | 4,393.1 |
EPL LTD | 256.60 | 32.62 | 8,371.2 |
JAI CORP LTD | 67.80 | 82.80 | 5,613.5 |
TIME TECHNOPLAST LTD | 367.61 | 30.33 | 11,151.3 |
GARWARE HITECH FILMS LTD | 306.30 | 40.01 | 12,255.2 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 124.24 | 4,567.1 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHAILY ENGINEERING PLASTICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.97x |
Max industry PE | 124.24x |
Median industry PE | 40.01x |
Average industry PE | 58.08x |
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