SUNDRAM FASTENERS
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The Current P/E Ratio of SUNDRAM FASTENERS is 40.95.
| Share Price | ₹1,072.9 | Dec 27,2024 |
| Market Cap | ₹22,540.6 Cr | |
| Earnings-TTM | ₹550.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 40.95x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SUNDRAM FASTENERS
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)
Current Market Cap [ ₹22,540.6 Cr] as on Dec 27,2024
(/) Earnings [ ₹550.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 40.95x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for SUNDRAM FASTENERS , the investors are currently willing to pay 40.95 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 SUNDRAM FASTENERS !
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 SUNDRAM FASTENERS over the last five years.
Thus, for SUNDRAM FASTENERS , the investors are currently willing to pay 40.95 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 SUNDRAM FASTENERS !
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 SUNDRAM FASTENERS over the last five years.
Historical PE (Price/Earnings) ratio chart of SUNDRAM FASTENERS
PE Ratio Performance Analysis for SUNDRAM FASTENERS
- SUNDRAM FASTENERS 's latest p/e ratio is 40.95x.
- SUNDRAM FASTENERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 38.51x.
- SUNDRAM FASTENERS 's operated at median p/e ratio of 41.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SUNDRAM FASTENERS 's p/e ratio peaked in Mar2021 at 46.85x.
- SUNDRAM FASTENERS 's p/e ratio hit its five-year low in Mar2020 of 18.84x.
- SUNDRAM FASTENERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 38.51x.
- SUNDRAM FASTENERS 's operated at median p/e ratio of 41.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SUNDRAM FASTENERS 's p/e ratio peaked in Mar2021 at 46.85x.
- SUNDRAM FASTENERS 's p/e ratio hit its five-year low in Mar2020 of 18.84x.
How does SUNDRAM FASTENERS 's P/E Ratio benchmark against top 10 peers in Fasteners Industry?
| Peer Comparison (Fasteners Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| SUNDRAM FASTENERS | 550.38 | 40.95 | 22,540.6 |
| STERLING TOOLS LTD | 65.72 | 32.41 | 2,129.8 |
Fasteners Industry Benchmark (Top 10) PE Analysis vs SUNDRAM FASTENERS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 32.41x |
| Max industry PE | 40.95x |
| Median industry PE | 40.95x |
| Average industry PE | 36.68x |
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