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SHISH INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHISH INDUSTRIES is 47.50.

Share Price ₹11.3Jan 13,2025
Market Cap ₹430.0 Cr
Earnings-TTM₹9.1 CrTTM-Consolidated Results
Price/Earnings47.50xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHISH 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 SHISH INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 47.50x.

- 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 RatioMarket Cap
SHISH INDUSTRIES 9.0547.50430.0
ASTRAL LTD522.9075.6239,543.0
SUPREME INDUSTRIES LTD964.1156.3654,339.6
FINOLEX INDUSTRIES LTD777.4416.5612,871.8
RESPONSIVE INDUSTRIES LTD188.2434.296,454.6
PRINCE PIPES AND FITTINGS LTD131.6633.184,368.8
EPL LTD256.6028.517,314.9
JAI CORP LTD67.8042.492,880.9
TIME TECHNOPLAST LTD367.6124.639,054.5
GARWARE HITECH FILMS LTD306.3030.399,309.9
JAIN IRRIGATION SYSTEMS LTD36.76128.564,725.9

Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHISH INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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