VIKAS LIFECARE
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The Current P/E Ratio of VIKAS LIFECARE is -160.76.
Share Price | ₹3.9 | Jan 24,2025 |
Market Cap | ₹719.2 Cr | |
Earnings-TTM | ₹-4.5 Cr | TTM-Consolidated Results |
Price/Earnings | -160.76x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VIKAS LIFECARE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹719.2 Cr] as on Jan 24,2025
(/) Earnings [ ₹-4.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -160.76x ]
Thus, for VIKAS LIFECARE , the investors are currently willing to pay -160.76 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 VIKAS LIFECARE !
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 VIKAS LIFECARE over the last five years.
Historical PE (Price/Earnings) ratio chart of VIKAS LIFECARE
PE Ratio Performance Analysis for VIKAS LIFECARE
- VIKAS LIFECARE 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 19.37x.
- VIKAS LIFECARE 's operated at median p/e ratio of 20.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, VIKAS LIFECARE 's p/e ratio peaked in Mar2024 at 57.13x.
- VIKAS LIFECARE 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does VIKAS LIFECARE 's P/E Ratio benchmark against top 10 peers in Petrochemicals Industry?
Peer Comparison (Petrochemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VIKAS LIFECARE | -4.47 | -160.76 | 719.2 |
RAIN INDUSTRIES LTD | 18.26 | 270.20 | 4,934.2 |
AGARWAL INDUSTRIAL CORPORATION LTD | 123.08 | 13.60 | 1,674.0 |
TAMILNADU PETROPRODUCTS LTD | 36.60 | 19.25 | 704.5 |
KOTHARI PETROCHEMICALS LTD | 65.28 | 15.47 | 1,009.6 |
ORICON ENTERPRISES LTD | 3.81 | 162.57 | 619.7 |
MULTIBASE INDIA LTD | 14.91 | 26.88 | 400.9 |
Petrochemicals Industry Benchmark (Top 10) PE Analysis vs VIKAS LIFECARE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -160.76x |
Max industry PE | 270.20x |
Median industry PE | 19.25x |
Average industry PE | 49.60x |
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