SHIPPING CORPORATION OF INDIA LAND AND ASSETS
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The Current P/E Ratio of SHIPPING CORPORATION OF INDIA LAND AND ASSETS is 53.99.
Share Price | ₹50.2 | Feb 21,2025 |
Market Cap | ₹2,337.9 Cr | |
Earnings-TTM | ₹43.3 Cr | TTM-Standalone Results |
Price/Earnings | 53.99x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of SHIPPING CORPORATION OF INDIA LAND AND ASSETS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,337.9 Cr] as on Feb 21,2025
(/) Earnings [ ₹43.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 53.99x ]
Thus, for SHIPPING CORPORATION OF INDIA LAND AND ASSETS , the investors are currently willing to pay 53.99 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 SHIPPING CORPORATION OF INDIA LAND AND ASSETS !
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 SHIPPING CORPORATION OF INDIA LAND AND ASSETS over the last five years.
Historical PE (Price/Earnings) ratio chart of SHIPPING CORPORATION OF INDIA LAND AND ASSETS
PE Ratio Performance Analysis for SHIPPING CORPORATION OF INDIA LAND AND ASSETS
- SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 13.06x.
- SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's p/e ratio peaked in Mar2024 at 39.17x.
- SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's P/E Ratio benchmark against top 10 peers in Shipping Industry?
Peer Comparison (Shipping Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SHIPPING CORPORATION OF INDIA LAND AND ASSETS | 43.30 | 53.99 | 2,337.9 |
THE GREAT EASTERN SHIPPING COMPANY LTD | 2,886.25 | 4.47 | 12,903.3 |
SHIPPING CORPORATION OF INDIA LTD | 932.42 | 8.07 | 7,525.0 |
SEAMEC LTD | 99.63 | 23.43 | 2,334.5 |
DREDGING CORPORATION OF INDIA LTD | -72.32 | -22.68 | 1,640.5 |
TRANSWORLD SHIPPING LINES LTD | 40.91 | 13.89 | 568.4 |
ESSAR SHIPPING LTD | 590.60 | 0.92 | 541.2 |
GLOBAL OFFSHORE SERVICES LTD | 54.29 | 4.36 | 236.8 |
Shipping Industry Benchmark (Top 10) PE Analysis vs SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -22.68x |
Max industry PE | 53.99x |
Median industry PE | 8.07x |
Average industry PE | 10.81x |
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