SHARAT INDUSTRIES
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The Current P/E Ratio of SHARAT INDUSTRIES is 35.44.
Share Price | ₹72.2 | Dec 27,2024 |
Market Cap | ₹285.2 Cr | |
Earnings-TTM | ₹8.0 Cr | TTM-Consolidated Results |
Price/Earnings | 35.44x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of SHARAT INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹285.2 Cr] as on Dec 27,2024
(/) Earnings [ ₹8.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.44x ]
Thus, for SHARAT INDUSTRIES , the investors are currently willing to pay 35.44 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 SHARAT 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 SHARAT INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SHARAT INDUSTRIES
PE Ratio Performance Analysis for SHARAT INDUSTRIES
- SHARAT INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 22.52x.
- SHARAT INDUSTRIES 's operated at median p/e ratio of 13.32x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SHARAT INDUSTRIES 's p/e ratio peaked in Mar2022 at 41.04x.
- SHARAT INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 13.21x.
How does SHARAT INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SHARAT INDUSTRIES | 8.05 | 35.44 | 285.2 |
NESTLE INDIA LTD | 3,322.74 | 62.83 | 208,779.0 |
VARUN BEVERAGES LTD | 2,582.99 | 81.80 | 211,277.0 |
BRITANNIA INDUSTRIES LTD | 2,137.89 | 53.71 | 114,818.0 |
MARICO LTD | 1,613.00 | 50.82 | 81,969.8 |
JUBILANT FOODWORKS LTD | 390.13 | 119.70 | 46,700.5 |
HATSUN AGRO PRODUCT LTD | 304.42 | 75.13 | 22,870.7 |
DEVYANI INTERNATIONAL LTD | -26.37 | -883.02 | 23,280.9 |
BIKAJI FOODS INTERNATIONAL LTD | 288.92 | 66.26 | 19,144.2 |
SAPPHIRE FOODS INDIA LTD | 13.82 | 766.47 | 10,591.9 |
GODREJ AGROVET LTD | 325.40 | 42.54 | 13,840.9 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs SHARAT INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -883.02x |
Max industry PE | 766.47x |
Median industry PE | 62.83x |
Average industry PE | 42.88x |
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