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SHAILY ENGINEERING PLASTICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHAILY ENGINEERING PLASTICS is 92.27.

Share Price ₹1,468.1Dec 24,2024
Market Cap ₹6,753.3 Cr
Earnings-TTM₹73.2 CrTTM-Consolidated Results
Price/Earnings92.27xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHAILY ENGINEERING PLASTICS

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 SHAILY ENGINEERING PLASTICS is calculated as :

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 ]

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

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 latest p/e ratio is 92.27x.

- 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 RatioMarket Cap
SHAILY ENGINEERING PLASTICS 73.1992.276,753.3
ASTRAL LTD522.9085.8644,898.3
SUPREME INDUSTRIES LTD964.1162.5160,262.8
FINOLEX INDUSTRIES LTD777.4418.9714,748.7
RESPONSIVE INDUSTRIES LTD188.2435.856,747.9
PRINCE PIPES AND FITTINGS LTD131.6633.374,393.1
EPL LTD256.6032.628,371.2
JAI CORP LTD67.8082.805,613.5
TIME TECHNOPLAST LTD367.6130.3311,151.3
GARWARE HITECH FILMS LTD306.3040.0112,255.2
JAIN IRRIGATION SYSTEMS LTD36.76124.244,567.1

Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHAILY ENGINEERING PLASTICS 's P/E Ratio

Top 10 Industry PeersPE 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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