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SOMI CONVEYOR BELTINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SOMI CONVEYOR BELTINGS is 30.70.

Share Price ₹168.5Feb 14,2025
Market Cap ₹198.8 Cr
Earnings-TTM₹6.5 CrTTM-Standalone Results
Price/Earnings30.70xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SOMI CONVEYOR BELTINGS

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 SOMI CONVEYOR BELTINGS is calculated as :

Current Market Cap [ ₹198.8 Cr] as on Feb 14,2025

(/) Earnings [ ₹6.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 30.70x ]

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

Thus, for SOMI CONVEYOR BELTINGS , the investors are currently willing to pay 30.70 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 SOMI CONVEYOR BELTINGS !

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 SOMI CONVEYOR BELTINGS over the last five years.

Historical PE (Price/Earnings) ratio chart of SOMI CONVEYOR BELTINGS


PE Ratio Performance Analysis for SOMI CONVEYOR BELTINGS

- SOMI CONVEYOR BELTINGS 's latest p/e ratio is 30.70x.

- SOMI CONVEYOR BELTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.09x.

- SOMI CONVEYOR BELTINGS 's operated at median p/e ratio of 21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOMI CONVEYOR BELTINGS 's p/e ratio peaked in Mar2024 at 34.35x.

- SOMI CONVEYOR BELTINGS 's p/e ratio hit its five-year low in Mar2020 of 5.1x.


How does SOMI CONVEYOR BELTINGS 's P/E Ratio benchmark against top 10 peers in Rubber Products Industry?

Peer Comparison (Rubber Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SOMI CONVEYOR BELTINGS 6.4730.70198.8
APCOTEX INDUSTRIES LTD52.6232.041,686.0
PIX TRANSMISSIONS LTD114.6621.552,471.3
GRP LTD22.9360.441,385.8
RUBFILA INTERNATIONAL LTD28.2213.88391.6
INDAG RUBBER LTD10.1532.76332.6
CAPTAIN PIPES LTD4.4355.60246.1
DOLFIN RUBBERS LTD5.0739.82202.0

Rubber Products Industry Benchmark (Top 10) PE Analysis vs SOMI CONVEYOR BELTINGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.88x
Max industry PE 60.44x
Median industry PE 32.76x
Average industry PE 35.85x



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