SHREE RAMA MULTITECH
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The Current P/E Ratio of SHREE RAMA MULTITECH is 38.25.
Share Price | ₹42.8 | Jan 17,2025 |
Market Cap | ₹571.4 Cr | |
Earnings-TTM | ₹14.9 Cr | TTM-Standalone Results |
Price/Earnings | 38.25x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHREE RAMA MULTITECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹571.4 Cr] as on Jan 17,2025
(/) Earnings [ ₹14.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 38.25x ]
Thus, for SHREE RAMA MULTITECH , the investors are currently willing to pay 38.25 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 RAMA MULTITECH !
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 RAMA MULTITECH over the last five years.
Historical PE (Price/Earnings) ratio chart of SHREE RAMA MULTITECH
PE Ratio Performance Analysis for SHREE RAMA MULTITECH
- SHREE RAMA MULTITECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.10x.
- SHREE RAMA MULTITECH 's operated at median p/e ratio of 9.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHREE RAMA MULTITECH 's p/e ratio peaked in Mar2024 at 31.39x.
- SHREE RAMA MULTITECH 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does SHREE RAMA MULTITECH '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 |
---|---|---|---|
SHREE RAMA MULTITECH | 14.94 | 38.25 | 571.4 |
ASTRAL LTD | 522.90 | 77.21 | 40,371.8 |
SUPREME INDUSTRIES LTD | 964.11 | 55.37 | 53,378.6 |
FINOLEX INDUSTRIES LTD | 777.44 | 16.60 | 12,909.0 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.44 | 6,670.6 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 33.44 | 4,402.5 |
EPL LTD | 256.60 | 28.49 | 7,310.1 |
JAI CORP LTD | 67.80 | 38.39 | 2,602.7 |
TIME TECHNOPLAST LTD | 367.61 | 26.77 | 9,840.8 |
GARWARE HITECH FILMS LTD | 306.30 | 31.59 | 9,676.8 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 139.37 | 5,123.3 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHREE RAMA MULTITECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.60x |
Max industry PE | 139.37x |
Median industry PE | 35.44x |
Average industry PE | 47.36x |
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