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SIGNET INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SIGNET INDUSTRIES is 16.17.

Share Price ₹69.1Dec 30,2024
Market Cap ₹203.0 Cr
Earnings-TTM₹12.6 CrTTM-Standalone Results
Price/Earnings16.17xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SIGNET 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 SIGNET INDUSTRIES is calculated as :

Current Market Cap [ ₹203.0 Cr] as on Dec 30,2024

(/) Earnings [ ₹12.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 16.17x ]

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

Thus, for SIGNET INDUSTRIES , the investors are currently willing to pay 16.17 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 SIGNET 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 SIGNET INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SIGNET INDUSTRIES


PE Ratio Performance Analysis for SIGNET INDUSTRIES

- SIGNET INDUSTRIES 's latest p/e ratio is 16.17x.

- SIGNET INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.65x.

- SIGNET INDUSTRIES 's operated at median p/e ratio of 7.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SIGNET INDUSTRIES 's p/e ratio peaked in Mar2022 at 13.57x.

- SIGNET INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 4.02x.


How does SIGNET INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SIGNET INDUSTRIES 12.5516.17203.0
ADANI ENTERPRISES LTD5,730.2852.24299,331.0
REDINGTON LTD1,171.6912.5814,740.4
HONASA CONSUMER LTD78.06104.188,132.0
MMTC LTD124.4986.4410,761.0
MSTC LTD208.0222.384,654.5
LLOYDS ENTERPRISES LTD185.7932.596,055.3
VERITAS (INDIA) LTD204.8411.582,371.2
NOVARTIS INDIA LTD87.4026.952,355.6
OPTIEMUS INFRACOM LTD62.3494.915,916.4
MISHTANN FOODS LTD9.8681.14799.6

Trading Industry Benchmark (Top 10) PE Analysis vs SIGNET INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.58x
Max industry PE 104.18x
Median industry PE 32.59x
Average industry PE 49.20x



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