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SHIPPING CORPORATION OF INDIA LAND AND ASSETS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHIPPING CORPORATION OF INDIA LAND AND ASSETS is 53.99.

Share Price ₹50.2Feb 21,2025
Market Cap ₹2,337.9 Cr
Earnings-TTM₹43.3 CrTTM-Standalone Results
Price/Earnings53.99xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHIPPING CORPORATION OF INDIA LAND AND ASSETS

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 SHIPPING CORPORATION OF INDIA LAND AND ASSETS is calculated as :

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 ]

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

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 latest p/e ratio is 53.99x.

- 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 RatioMarket Cap
SHIPPING CORPORATION OF INDIA LAND AND ASSETS 43.3053.992,337.9
THE GREAT EASTERN SHIPPING COMPANY LTD2,886.254.4712,903.3
SHIPPING CORPORATION OF INDIA LTD932.428.077,525.0
SEAMEC LTD99.6323.432,334.5
DREDGING CORPORATION OF INDIA LTD-72.32-22.681,640.5
TRANSWORLD SHIPPING LINES LTD40.9113.89568.4
ESSAR SHIPPING LTD590.600.92541.2
GLOBAL OFFSHORE SERVICES LTD54.294.36236.8

Shipping Industry Benchmark (Top 10) PE Analysis vs SHIPPING CORPORATION OF INDIA LAND AND ASSETS 's P/E Ratio

Top 10 Industry PeersPE 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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