ACCURACY SHIPPING
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The Current P/E Ratio of ACCURACY SHIPPING is -45.45.
Share Price | ₹9.0 | Apr 23,2024 |
Market Cap | ₹135.5 Cr | |
Earnings-TTM | ₹-3.0 Cr | TTM-Consolidated Results |
Price/Earnings | -45.45x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ACCURACY SHIPPING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹135.5 Cr] as on Apr 23,2024
(/) Earnings [ ₹-3.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -45.45x ]
Thus, for ACCURACY SHIPPING , the investors are currently willing to pay -45.45 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 ACCURACY SHIPPING !
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 ACCURACY SHIPPING over the last five years.
Historical PE (Price/Earnings) ratio chart of ACCURACY SHIPPING
PE Ratio Performance Analysis for ACCURACY SHIPPING
- ACCURACY SHIPPING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.82x.
- ACCURACY SHIPPING 's operated at median p/e ratio of 1.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACCURACY SHIPPING 's p/e ratio peaked in Mar2023 at 24.27x.
- ACCURACY SHIPPING 's p/e ratio hit its five-year low in Mar2020 of 0.51x.
How does ACCURACY SHIPPING 's P/E Ratio benchmark against top 10 peers in Logistics Industry?
Peer Comparison (Logistics Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ACCURACY SHIPPING | -2.98 | -45.45 | 135.5 |
CONTAINER CORPORATION OF INDIA LTD | 1,204.93 | 47.97 | 57,794.6 |
AEGIS LOGISTICS LTD | 594.24 | 31.79 | 18,890.8 |
ALLCARGO LOGISTICS LTD | 216.33 | 33.67 | 7,284.4 |
TVS SUPPLY CHAIN SOLUTIONS LTD | -63.50 | -122.11 | 7,754.3 |
TRANSPORT CORPORATION OF INDIA LTD | 267.21 | 25.20 | 6,733.8 |
GATEWAY DISTRIPARKS LTD | 264.23 | 19.60 | 5,178.8 |
VRL LOGISTICS LTD | 315.70 | 15.43 | 4,870.7 |
MAHINDRA LOGISTICS LTD | -39.96 | -81.31 | 3,249.1 |
LANCER CONTAINER LINES LTD | 53.35 | 30.52 | 1,628.0 |
NAVKAR CORPORATION LTD | 4.99 | 326.79 | 1,631.3 |
Logistics Industry Benchmark (Top 10) PE Analysis vs ACCURACY SHIPPING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -122.11x |
Max industry PE | 326.79x |
Median industry PE | 25.20x |
Average industry PE | 25.64x |
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