Home > PE Ratio > VIJAY SOLVEX

VIJAY SOLVEX
PE (Price/Earnings) Ratio

The Current P/E Ratio of VIJAY SOLVEX is 41.83.

Share Price ₹1,022.9Nov 19,2024
Market Cap ₹327.3 Cr
Earnings-TTM₹7.8 CrTTM-Consolidated Results
Price/Earnings41.83xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for VIJAY SOLVEX
Please provide your vote to see the results
VIJAY SOLVEX is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of VIJAY SOLVEX

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 VIJAY SOLVEX is calculated as :

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 ]

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

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 latest p/e ratio is 41.83x.

- 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 RatioMarket Cap
VIJAY SOLVEX 7.8341.83327.3
PATANJALI FOODS LTD994.7467.5167,153.7
ADANI WILMAR LTD954.1444.5642,512.5
AGRO TECH FOODS LTD4.25500.922,128.9
GOKUL AGRO RESOURCES LTD202.2822.504,550.2
BCL INDUSTRIES LTD110.8714.151,568.8
KRITI NUTRIENTS LTD46.7812.47583.5
GOKUL REFOILS AND SOLVENT LTD11.5748.04556.0
MODI NATURALS LTD12.1248.99593.7
AJANTA SOYA LTD10.3434.28354.4
SHRI GANG INDUSTRIES & ALLIED PRODUCTS LTD23.908.00191.2

Edible Oil Industry Benchmark (Top 10) PE Analysis vs VIJAY SOLVEX 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.00x
Max industry PE 500.92x
Median industry PE 41.83x
Average industry PE 76.66x



You may also like the below Video Courses