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SKY GOLD
PE (Price/Earnings) Ratio

The Current P/E Ratio of SKY GOLD is 46.98.

Share Price ₹346.2Feb 21,2025
Market Cap ₹5,078.0 Cr
Earnings-TTM₹108.1 CrTTM-Consolidated Results
Price/Earnings46.98xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SKY GOLD

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 SKY GOLD is calculated as :

Current Market Cap [ ₹5,078.0 Cr] as on Feb 21,2025

(/) Earnings [ ₹108.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 46.98x ]

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

Thus, for SKY GOLD , the investors are currently willing to pay 46.98 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 SKY GOLD !

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 SKY GOLD over the last five years.

Historical PE (Price/Earnings) ratio chart of SKY GOLD


PE Ratio Performance Analysis for SKY GOLD

- SKY GOLD 's latest p/e ratio is 46.98x.

- SKY GOLD 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 16.60x.

- SKY GOLD 's operated at median p/e ratio of 15.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, SKY GOLD 's p/e ratio peaked in Mar2024 at 31.09x.

- SKY GOLD 's p/e ratio hit its five-year low in Mar2022 of 2.92x.


How does SKY GOLD 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SKY GOLD 108.0946.985,078.0
TITAN COMPANY LTD3,236.0087.22282,258.0
KALYAN JEWELLERS INDIA LTD664.0675.3050,004.0
PC JEWELLER LTD361.2619.186,929.9
THANGAMAYIL JEWELLERY LTD115.5544.455,136.1
SENCO GOLD LTD129.0541.255,322.9
RAJESH EXPORTS LTD38.28143.135,478.6
GOLDIAM INTERNATIONAL LTD111.6937.974,241.4
DP ABHUSHAN LTD103.7433.603,485.8
MOTISONS JEWELLERS LTD42.8245.431,945.3
RENAISSANCE GLOBAL LTD71.9920.091,446.5

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs SKY GOLD 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.18x
Max industry PE 143.13x
Median industry PE 44.45x
Average industry PE 54.06x



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