SHISH INDUSTRIES
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The Current P/E Ratio of SHISH INDUSTRIES is 47.50.
Share Price | ₹11.3 | Jan 13,2025 |
Market Cap | ₹430.0 Cr | |
Earnings-TTM | ₹9.1 Cr | TTM-Consolidated Results |
Price/Earnings | 47.50x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHISH INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹430.0 Cr] as on Jan 13,2025
(/) Earnings [ ₹9.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 47.50x ]
Thus, for SHISH INDUSTRIES , the investors are currently willing to pay 47.50 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 SHISH 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 SHISH INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SHISH INDUSTRIES
PE Ratio Performance Analysis for SHISH INDUSTRIES
- SHISH INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 32.06x.
- SHISH INDUSTRIES 's operated at median p/e ratio of 37.99x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, SHISH INDUSTRIES 's p/e ratio peaked in Mar2024 at 52.09x.
- SHISH INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 11.94x.
How does SHISH INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SHISH INDUSTRIES | 9.05 | 47.50 | 430.0 |
ASTRAL LTD | 522.90 | 75.62 | 39,543.0 |
SUPREME INDUSTRIES LTD | 964.11 | 56.36 | 54,339.6 |
FINOLEX INDUSTRIES LTD | 777.44 | 16.56 | 12,871.8 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 34.29 | 6,454.6 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 33.18 | 4,368.8 |
EPL LTD | 256.60 | 28.51 | 7,314.9 |
JAI CORP LTD | 67.80 | 42.49 | 2,880.9 |
TIME TECHNOPLAST LTD | 367.61 | 24.63 | 9,054.5 |
GARWARE HITECH FILMS LTD | 306.30 | 30.39 | 9,309.9 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 128.56 | 4,725.9 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHISH INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.56x |
Max industry PE | 128.56x |
Median industry PE | 34.29x |
Average industry PE | 47.10x |
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