SHREE AJIT PULP & PAPER
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The Current P/E Ratio of SHREE AJIT PULP & PAPER is 24.68.
Share Price | ₹208.0 | Nov 04,2024 |
Market Cap | ₹185.1 Cr | |
Earnings-TTM | ₹7.5 Cr | TTM-Consolidated Results |
Price/Earnings | 24.68x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHREE AJIT PULP & PAPER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹185.1 Cr] as on Nov 04,2024
(/) Earnings [ ₹7.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.68x ]
Thus, for SHREE AJIT PULP & PAPER , the investors are currently willing to pay 24.68 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 SHREE AJIT PULP & PAPER !
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 SHREE AJIT PULP & PAPER over the last five years.
Historical PE (Price/Earnings) ratio chart of SHREE AJIT PULP & PAPER
PE Ratio Performance Analysis for SHREE AJIT PULP & PAPER
- SHREE AJIT PULP & PAPER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.88x.
- SHREE AJIT PULP & PAPER 's operated at median p/e ratio of 5.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHREE AJIT PULP & PAPER 's p/e ratio peaked in Mar2022 at 8.39x.
- SHREE AJIT PULP & PAPER 's p/e ratio hit its five-year low in Mar2020 of 4.03x.
How does SHREE AJIT PULP & PAPER 's P/E Ratio benchmark against top 10 peers in Paper & Paper Products Industry?
Peer Comparison (Paper & Paper Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SHREE AJIT PULP & PAPER | 7.50 | 24.68 | 185.1 |
JK PAPER LTD | 961.43 | 8.05 | 7,741.7 |
WEST COAST PAPER MILLS LTD | 629.25 | 5.90 | 3,713.3 |
SESHASAYEE PAPER AND BOARDS LTD | 180.40 | 10.67 | 1,924.5 |
ANDHRA PAPER LTD | 190.29 | 10.57 | 2,011.4 |
TAMIL NADU NEWSPRINT & PAPERS LTD | 101.40 | 12.27 | 1,244.1 |
KUANTUM PAPERS LTD | 156.88 | 7.45 | 1,168.9 |
PAKKA LTD | 37.62 | 35.19 | 1,323.8 |
SATIA INDUSTRIES LTD | 178.10 | 6.20 | 1,104.0 |
ORIENT PAPER & INDUSTRIES LTD | -32.38 | -26.86 | 869.5 |
NR AGARWAL INDUSTRIES LTD | 88.31 | 6.85 | 604.7 |
Paper & Paper Products Industry Benchmark (Top 10) PE Analysis vs SHREE AJIT PULP & PAPER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -26.86x |
Max industry PE | 35.19x |
Median industry PE | 8.05x |
Average industry PE | 9.18x |
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