ABANS ENTERPRISES
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The Current P/E Ratio of ABANS ENTERPRISES is 13.85.
Share Price | ₹126.7 | Apr 25,2024 |
Market Cap | ₹176.0 Cr | |
Earnings-TTM | ₹12.7 Cr | TTM-Consolidated Results |
Price/Earnings | 13.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ABANS ENTERPRISES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹176.0 Cr] as on Apr 25,2024
(/) Earnings [ ₹12.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.85x ]
Thus, for ABANS ENTERPRISES , the investors are currently willing to pay 13.85 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 ABANS ENTERPRISES !
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 ABANS ENTERPRISES over the last five years.
Historical PE (Price/Earnings) ratio chart of ABANS ENTERPRISES
PE Ratio Performance Analysis for ABANS ENTERPRISES
- ABANS ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 8.21x.
- ABANS ENTERPRISES 's operated at median p/e ratio of 8.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, ABANS ENTERPRISES 's p/e ratio peaked in Mar2023 at 14.15x.
- ABANS ENTERPRISES 's p/e ratio hit its five-year low in Mar2021 of 4.86x.
How does ABANS ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ABANS ENTERPRISES | 12.71 | 13.85 | 176.0 |
ADANI ENTERPRISES LTD | 3,751.70 | 94.70 | 355,270.0 |
REDINGTON LTD | 1,243.11 | 14.03 | 17,445.3 |
HONASA CONSUMER LTD | 77.66 | 176.51 | 13,707.4 |
MMTC LTD | 49.62 | 225.79 | 11,203.5 |
MSTC LTD | 239.56 | 27.27 | 6,532.4 |
LLOYDS ENTERPRISES LTD | 132.28 | 35.86 | 4,743.8 |
VERITAS (INDIA) LTD | 191.62 | 20.96 | 4,016.7 |
NOVARTIS INDIA LTD | 95.53 | 27.03 | 2,582.4 |
OPTIEMUS INFRACOM LTD | 53.23 | 44.87 | 2,388.6 |
MISHTANN FOODS LTD | 26.01 | 76.74 | 1,996.0 |
Trading Industry Benchmark (Top 10) PE Analysis vs ABANS ENTERPRISES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.85x |
Max industry PE | 225.79x |
Median industry PE | 35.86x |
Average industry PE | 68.87x |
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