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SURANA SOLAR
PE (Price/Earnings) Ratio

The Current P/E Ratio of SURANA SOLAR is 442.18.

Share Price ₹50.0Dec 03,2024
Market Cap ₹245.9 Cr
Earnings-TTM₹0.6 CrTTM-Standalone Results
Price/Earnings442.18xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SURANA SOLAR

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 SURANA SOLAR is calculated as :

Current Market Cap [ ₹245.9 Cr] as on Dec 03,2024

(/) Earnings [ ₹0.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 442.18x ]

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

Thus, for SURANA SOLAR , the investors are currently willing to pay 442.18 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 SURANA SOLAR !

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 SURANA SOLAR over the last five years.

Historical PE (Price/Earnings) ratio chart of SURANA SOLAR


PE Ratio Performance Analysis for SURANA SOLAR

- SURANA SOLAR 's latest p/e ratio is 442.18x.

- SURANA SOLAR 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 83.62x.

- SURANA SOLAR 's operated at median p/e ratio of 44.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SURANA SOLAR 's p/e ratio peaked in Mar2021 at 213.52x.

- SURANA SOLAR 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does SURANA SOLAR 's P/E Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SURANA SOLAR 0.56442.18245.9
KAYNES TECHNOLOGY INDIA LTD237.44168.0239,893.4
SYRMA SGS TECHNOLOGY LTD125.4982.9510,408.9
AVALON TECHNOLOGIES LTD28.81210.476,064.1
DCX SYSTEMS LTD54.5069.293,776.0
APOLLO MICRO SYSTEMS LTD47.0566.243,117.0
IKIO LIGHTING LTD53.7738.822,087.4
CENTUM ELECTRONICS LTD-3.80-557.052,117.9
WEBSOL ENERGY SYSTEM LTD-48.35-116.495,632.2
SWELECT ENERGY SYSTEMS LTD56.7728.141,597.8
KERNEX MICROSYSTEMS (INDIA) LTD-10.85-173.741,885.3

Electronics - Components Industry Benchmark (Top 10) PE Analysis vs SURANA SOLAR 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -557.05x
Max industry PE 442.18x
Median industry PE 66.24x
Average industry PE 23.53x



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