Home > PE Ratio > VARUN BEVERAGES

VARUN BEVERAGES
PE (Price/Earnings) Ratio

The Current P/E Ratio of VARUN BEVERAGES is 83.75.

Share Price ₹1,425.6May 31,2024
Market Cap ₹185,236.0 Cr
Earnings-TTM₹2,211.8 CrTTM-Consolidated Results
Price/Earnings83.75xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for VARUN BEVERAGES
Please provide your vote to see the results
VARUN BEVERAGES is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Best Quarterly Growth Large Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of VARUN BEVERAGES

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 VARUN BEVERAGES is calculated as :

Current Market Cap [ ₹185,236.0 Cr] as on May 31,2024

(/) Earnings [ ₹2,211.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 83.75x ]

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

Thus, for VARUN BEVERAGES , the investors are currently willing to pay 83.75 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 VARUN BEVERAGES !

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 VARUN BEVERAGES over the last five years.

Historical PE (Price/Earnings) ratio chart of VARUN BEVERAGES


PE Ratio Performance Analysis for VARUN BEVERAGES

- VARUN BEVERAGES 's latest p/e ratio is 83.75x.

- VARUN BEVERAGES 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 39.75x.

- VARUN BEVERAGES 's operated at median p/e ratio of 35.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VARUN BEVERAGES 's p/e ratio peaked in Dec2023 at 78.14x.

- VARUN BEVERAGES 's p/e ratio hit its five-year low in Dec2019 of 19.37x.


How does VARUN BEVERAGES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VARUN BEVERAGES 2,211.8483.75185,236.0
NESTLE INDIA LTD3,196.2071.05227,102.0
BRITANNIA INDUSTRIES LTD2,137.4158.29124,589.0
MARICO LTD1,502.0051.3177,070.1
JUBILANT FOODWORKS LTD384.8484.6932,593.1
HATSUN AGRO PRODUCT LTD267.2983.7822,394.0
DEVYANI INTERNATIONAL LTD-9.65-1,915.6118,489.5
BIKAJI FOODS INTERNATIONAL LTD263.4656.5414,895.2
SAPPHIRE FOODS INDIA LTD51.96178.229,259.8
GODREJ AGROVET LTD307.4132.459,975.5
ZYDUS WELLNESS LTD266.9041.8311,164.9

Consumer Food Industry Benchmark (Top 10) PE Analysis vs VARUN BEVERAGES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,915.61x
Max industry PE 178.22x
Median industry PE 58.29x
Average industry PE -106.70x



You may also like the below Video Courses