VIJAY SOLVEX
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The Current P/E Ratio of VIJAY SOLVEX is 41.83.
Share Price | ₹1,022.9 | Nov 19,2024 |
Market Cap | ₹327.3 Cr | |
Earnings-TTM | ₹7.8 Cr | TTM-Consolidated Results |
Price/Earnings | 41.83x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VIJAY SOLVEX
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹327.3 Cr] as on Nov 19,2024
(/) Earnings [ ₹7.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.83x ]
Thus, for VIJAY SOLVEX , the investors are currently willing to pay 41.83 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 VIJAY SOLVEX !
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 VIJAY SOLVEX over the last five years.
Historical PE (Price/Earnings) ratio chart of VIJAY SOLVEX
PE Ratio Performance Analysis for VIJAY SOLVEX
- VIJAY SOLVEX 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 24.32x.
- VIJAY SOLVEX 's operated at median p/e ratio of 10x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VIJAY SOLVEX 's p/e ratio peaked in Mar2024 at 87.3x.
- VIJAY SOLVEX 's p/e ratio hit its five-year low in Mar2021 of 4.32x.
How does VIJAY SOLVEX 's P/E Ratio benchmark against top 10 peers in Edible Oil Industry?
Peer Comparison (Edible Oil Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VIJAY SOLVEX | 7.83 | 41.83 | 327.3 |
PATANJALI FOODS LTD | 994.74 | 67.51 | 67,153.7 |
ADANI WILMAR LTD | 954.14 | 44.56 | 42,512.5 |
AGRO TECH FOODS LTD | 4.25 | 500.92 | 2,128.9 |
GOKUL AGRO RESOURCES LTD | 202.28 | 22.50 | 4,550.2 |
BCL INDUSTRIES LTD | 110.87 | 14.15 | 1,568.8 |
KRITI NUTRIENTS LTD | 46.78 | 12.47 | 583.5 |
GOKUL REFOILS AND SOLVENT LTD | 11.57 | 48.04 | 556.0 |
MODI NATURALS LTD | 12.12 | 48.99 | 593.7 |
AJANTA SOYA LTD | 10.34 | 34.28 | 354.4 |
SHRI GANG INDUSTRIES & ALLIED PRODUCTS LTD | 23.90 | 8.00 | 191.2 |
Edible Oil Industry Benchmark (Top 10) PE Analysis vs VIJAY SOLVEX 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.00x |
Max industry PE | 500.92x |
Median industry PE | 41.83x |
Average industry PE | 76.66x |
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