SOMI CONVEYOR BELTINGS
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The Current P/E Ratio of SOMI CONVEYOR BELTINGS is 30.70.
Share Price | ₹168.5 | Feb 14,2025 |
Market Cap | ₹198.8 Cr | |
Earnings-TTM | ₹6.5 Cr | TTM-Standalone Results |
Price/Earnings | 30.70x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SOMI CONVEYOR BELTINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SOMI CONVEYOR BELTINGS | 6.47 | 30.70 | 198.8 |
APCOTEX INDUSTRIES LTD | 52.62 | 32.04 | 1,686.0 |
PIX TRANSMISSIONS LTD | 114.66 | 21.55 | 2,471.3 |
GRP LTD | 22.93 | 60.44 | 1,385.8 |
RUBFILA INTERNATIONAL LTD | 28.22 | 13.88 | 391.6 |
INDAG RUBBER LTD | 10.15 | 32.76 | 332.6 |
CAPTAIN PIPES LTD | 4.43 | 55.60 | 246.1 |
DOLFIN RUBBERS LTD | 5.07 | 39.82 | 202.0 |
Rubber Products Industry Benchmark (Top 10) PE Analysis vs SOMI CONVEYOR BELTINGS 's P/E Ratio
Top 10 Industry Peers | PE 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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