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SHARAT INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHARAT INDUSTRIES is 35.44.

Share Price ₹72.2Dec 27,2024
Market Cap ₹285.2 Cr
Earnings-TTM₹8.0 CrTTM-Consolidated Results
Price/Earnings35.44xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHARAT 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 SHARAT INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 35.44x.

- 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 RatioMarket Cap
SHARAT INDUSTRIES 8.0535.44285.2
NESTLE INDIA LTD3,322.7462.83208,779.0
VARUN BEVERAGES LTD2,582.9981.80211,277.0
BRITANNIA INDUSTRIES LTD2,137.8953.71114,818.0
MARICO LTD1,613.0050.8281,969.8
JUBILANT FOODWORKS LTD390.13119.7046,700.5
HATSUN AGRO PRODUCT LTD304.4275.1322,870.7
DEVYANI INTERNATIONAL LTD-26.37-883.0223,280.9
BIKAJI FOODS INTERNATIONAL LTD288.9266.2619,144.2
SAPPHIRE FOODS INDIA LTD13.82766.4710,591.9
GODREJ AGROVET LTD325.4042.5413,840.9

Consumer Food Industry Benchmark (Top 10) PE Analysis vs SHARAT INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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