SHRI VENKATESH REFINERIES
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The Current P/E Ratio of SHRI VENKATESH REFINERIES is 21.29.
Share Price | ₹163.1 | Nov 22,2024 |
Market Cap | ₹360.5 Cr | |
Earnings-TTM | ₹16.9 Cr | TTM-Standalone Results |
Price/Earnings | 21.29x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHRI VENKATESH REFINERIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹360.5 Cr] as on Nov 22,2024
(/) Earnings [ ₹16.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 21.29x ]
Thus, for SHRI VENKATESH REFINERIES , the investors are currently willing to pay 21.29 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 p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.30x.
- SHRI VENKATESH REFINERIES 's operated at median p/e ratio of 6.22x 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 Mar2024 at 10.6x.
- 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 Ratio | Market Cap |
---|---|---|---|
SHRI VENKATESH REFINERIES | 16.93 | 21.29 | 360.5 |
GUJARAT AMBUJA EXPORTS LTD | 338.22 | 16.40 | 5,545.3 |
MANORAMA INDUSTRIES LTD | 60.20 | 109.11 | 6,568.4 |
Solvent Extraction Industry Benchmark (Top 10) PE Analysis vs SHRI VENKATESH REFINERIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.40x |
Max industry PE | 109.11x |
Median industry PE | 21.29x |
Average industry PE | 48.93x |
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