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SHRI VENKATESH REFINERIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHRI VENKATESH REFINERIES is 21.20.

Share Price ₹162.4Nov 07,2024
Market Cap ₹358.9 Cr
Earnings-TTM₹16.9 CrTTM-Standalone Results
Price/Earnings21.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHRI VENKATESH REFINERIES

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 SHRI VENKATESH REFINERIES is calculated as :

Current Market Cap [ ₹358.9 Cr] as on Nov 07,2024

(/) Earnings [ ₹16.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 21.20x ]

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

Thus, for SHRI VENKATESH REFINERIES , the investors are currently willing to pay 21.20 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 SHRI VENKATESH REFINERIES !

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 SHRI VENKATESH REFINERIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SHRI VENKATESH REFINERIES


PE Ratio Performance Analysis for SHRI VENKATESH REFINERIES

- SHRI VENKATESH REFINERIES 's latest p/e ratio is 21.20x.

- SHRI VENKATESH REFINERIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.43x.

- SHRI VENKATESH REFINERIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHRI VENKATESH REFINERIES 's p/e ratio peaked in Mar2023 at 12.44x.

- SHRI VENKATESH REFINERIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does SHRI VENKATESH REFINERIES 's P/E Ratio benchmark against top 10 peers in Solvent Extraction Industry?

Peer Comparison (Solvent Extraction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHRI VENKATESH REFINERIES 16.9321.20358.9
GUJARAT AMBUJA EXPORTS LTD338.2217.645,965.0
MANORAMA INDUSTRIES LTD60.20103.386,223.6

Solvent Extraction Industry Benchmark (Top 10) PE Analysis vs SHRI VENKATESH REFINERIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.64x
Max industry PE 103.38x
Median industry PE 21.20x
Average industry PE 47.41x



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