SURANA SOLAR
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The Current P/E Ratio of SURANA SOLAR is 302.84.
Share Price | ₹38.0 | Feb 07,2025 |
Market Cap | ₹187.2 Cr | |
Earnings-TTM | ₹0.6 Cr | TTM-Standalone Results |
Price/Earnings | 302.84x | 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 [ ₹187.2 Cr] as on Feb 07,2025
(/) Earnings [ ₹0.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 302.84x ]
Thus, for SURANA SOLAR , the investors are currently willing to pay 302.84 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 | 0.62 | 302.84 | 187.2 |
KAYNES TECHNOLOGY INDIA LTD | 258.71 | 105.90 | 27,396.3 |
SYRMA SGS TECHNOLOGY LTD | 158.21 | 58.56 | 9,265.1 |
AVALON TECHNOLOGIES LTD | 46.22 | 101.19 | 4,677.3 |
DCX SYSTEMS LTD | 51.13 | 67.17 | 3,434.0 |
APOLLO MICRO SYSTEMS LTD | 55.33 | 71.04 | 3,930.7 |
IKIO LIGHTING LTD | 53.77 | 32.98 | 1,773.2 |
CENTUM ELECTRONICS LTD | -3.80 | -616.82 | 2,345.2 |
WEBSOL ENERGY SYSTEM LTD | 47.85 | 132.53 | 6,341.7 |
SWELECT ENERGY SYSTEMS LTD | 56.77 | 22.03 | 1,250.6 |
KERNEX MICROSYSTEMS (INDIA) LTD | -10.85 | -176.99 | 1,920.6 |
Electronics - Components Industry Benchmark (Top 10) PE Analysis vs SURANA SOLAR 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -616.82x |
Max industry PE | 302.84x |
Median industry PE | 67.17x |
Average industry PE | 9.13x |
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