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THE WESTERN INDIAN PLYWOODS
PE (Price/Earnings) Ratio

The Current P/E Ratio of THE WESTERN INDIAN PLYWOODS is 53.29.

Share Price ₹193.7Nov 04,2024
Market Cap ₹164.7 Cr
Earnings-TTM₹3.1 CrTTM-Consolidated Results
Price/Earnings53.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THE WESTERN INDIAN PLYWOODS

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 THE WESTERN INDIAN PLYWOODS is calculated as :

Current Market Cap [ ₹164.7 Cr] as on Nov 04,2024

(/) Earnings [ ₹3.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 53.29x ]

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

Thus, for THE WESTERN INDIAN PLYWOODS , the investors are currently willing to pay 53.29 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 THE WESTERN INDIAN PLYWOODS !

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 THE WESTERN INDIAN PLYWOODS over the last five years.

Historical PE (Price/Earnings) ratio chart of THE WESTERN INDIAN PLYWOODS


PE Ratio Performance Analysis for THE WESTERN INDIAN PLYWOODS

- THE WESTERN INDIAN PLYWOODS 's latest p/e ratio is 53.29x.

- THE WESTERN INDIAN PLYWOODS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 37.98x.

- THE WESTERN INDIAN PLYWOODS 's operated at median p/e ratio of 29.08x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE WESTERN INDIAN PLYWOODS 's p/e ratio peaked in Mar2022 at 102.51x.

- THE WESTERN INDIAN PLYWOODS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does THE WESTERN INDIAN PLYWOODS 's P/E Ratio benchmark against top 10 peers in Laminates/Decoratives Industry?

Peer Comparison (Laminates/Decoratives Industry)Earnings-TTM (Cr)PE RatioMarket Cap
THE WESTERN INDIAN PLYWOODS 3.0953.29164.7
GREENLAM INDUSTRIES LTD120.3857.166,880.7
STYLAM INDUSTRIES LTD131.3829.553,882.8
RUSHIL DECOR LTD44.2722.711,005.6
AIRO LAM LTD2.3972.52173.0

Laminates/Decoratives Industry Benchmark (Top 10) PE Analysis vs THE WESTERN INDIAN PLYWOODS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 22.71x
Max industry PE 72.52x
Median industry PE 53.29x
Average industry PE 47.05x



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