SURANA SOLAR
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The Current P/E Ratio of SURANA SOLAR is 442.18.
Share Price | ₹50.0 | Dec 03,2024 |
Market Cap | ₹245.9 Cr | |
Earnings-TTM | ₹0.6 Cr | TTM-Standalone Results |
Price/Earnings | 442.18x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SURANA SOLAR
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SURANA SOLAR | 0.56 | 442.18 | 245.9 |
KAYNES TECHNOLOGY INDIA LTD | 237.44 | 168.02 | 39,893.4 |
SYRMA SGS TECHNOLOGY LTD | 125.49 | 82.95 | 10,408.9 |
AVALON TECHNOLOGIES LTD | 28.81 | 210.47 | 6,064.1 |
DCX SYSTEMS LTD | 54.50 | 69.29 | 3,776.0 |
APOLLO MICRO SYSTEMS LTD | 47.05 | 66.24 | 3,117.0 |
IKIO LIGHTING LTD | 53.77 | 38.82 | 2,087.4 |
CENTUM ELECTRONICS LTD | -3.80 | -557.05 | 2,117.9 |
WEBSOL ENERGY SYSTEM LTD | -48.35 | -116.49 | 5,632.2 |
SWELECT ENERGY SYSTEMS LTD | 56.77 | 28.14 | 1,597.8 |
KERNEX MICROSYSTEMS (INDIA) LTD | -10.85 | -173.74 | 1,885.3 |
Electronics - Components Industry Benchmark (Top 10) PE Analysis vs SURANA SOLAR 's P/E Ratio
Top 10 Industry Peers | PE 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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