TASTY BITE EATABLES
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The Current P/E Ratio of TASTY BITE EATABLES is 191.36.
Share Price | ₹11,169.0 | Nov 19,2024 |
Market Cap | ₹2,903.9 Cr | |
Earnings-TTM | ₹15.2 Cr | TTM-Standalone Results |
Price/Earnings | 191.36x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TASTY BITE EATABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,903.9 Cr] as on Nov 19,2024
(/) Earnings [ ₹15.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 191.36x ]
Thus, for TASTY BITE EATABLES , the investors are currently willing to pay 191.36 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 TASTY BITE EATABLES !
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 TASTY BITE EATABLES over the last five years.
Historical PE (Price/Earnings) ratio chart of TASTY BITE EATABLES
PE Ratio Performance Analysis for TASTY BITE EATABLES
- TASTY BITE EATABLES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 112.91x.
- TASTY BITE EATABLES 's operated at median p/e ratio of 76.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TASTY BITE EATABLES 's p/e ratio peaked in Mar2022 at 269.93x.
- TASTY BITE EATABLES 's p/e ratio hit its five-year low in Mar2020 of 56.52x.
How does TASTY BITE EATABLES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TASTY BITE EATABLES | 15.18 | 191.36 | 2,903.9 |
NESTLE INDIA LTD | 3,322.74 | 64.14 | 213,122.0 |
VARUN BEVERAGES LTD | 2,582.99 | 82.06 | 211,967.0 |
BRITANNIA INDUSTRIES LTD | 2,137.89 | 54.13 | 115,722.0 |
MARICO LTD | 1,613.00 | 47.44 | 76,518.0 |
JUBILANT FOODWORKS LTD | 390.13 | 103.21 | 40,267.1 |
HATSUN AGRO PRODUCT LTD | 304.42 | 76.45 | 23,271.6 |
DEVYANI INTERNATIONAL LTD | -26.37 | -737.30 | 19,439.0 |
BIKAJI FOODS INTERNATIONAL LTD | 288.92 | 63.58 | 18,369.3 |
SAPPHIRE FOODS INDIA LTD | 13.82 | 696.94 | 9,631.0 |
GODREJ AGROVET LTD | 325.40 | 42.22 | 13,738.0 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs TASTY BITE EATABLES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -737.30x |
Max industry PE | 696.94x |
Median industry PE | 64.14x |
Average industry PE | 62.20x |
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