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ACME RESOURCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ACME RESOURCES is 8.90.

Share Price ₹36.9May 18,2024
Market Cap ₹94.8 Cr
Earnings-TTM₹10.6 CrTTM-Standalone Results
Price/Earnings8.90xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ACME RESOURCES

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 ACME RESOURCES is calculated as :

Current Market Cap [ ₹94.8 Cr] as on May 18,2024

(/) Earnings [ ₹10.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 8.90x ]

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

Thus, for ACME RESOURCES , the investors are currently willing to pay 8.90 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 ACME RESOURCES !

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 ACME RESOURCES over the last five years.

Historical PE (Price/Earnings) ratio chart of ACME RESOURCES


PE Ratio Performance Analysis for ACME RESOURCES

- ACME RESOURCES 's latest p/e ratio is 8.90x.

- ACME RESOURCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.42x.

- ACME RESOURCES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ACME RESOURCES 's p/e ratio peaked in Mar2022 at 38.9x.

- ACME RESOURCES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does ACME RESOURCES 's P/E Ratio benchmark against top 10 peers in Finance - NBFC Industry?

Peer Comparison (Finance - NBFC Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ACME RESOURCES 10.648.9094.8
BAJAJ FINANCE LTD14,443.5028.91417,553.0
BAJAJ HOLDINGS & INVESTMENT LTD1,409.6165.0991,749.3
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD3,410.7431.55107,598.0
SHRIRAM FINANCE LTD7,391.1112.0589,070.8
SBI CARDS AND PAYMENT SERVICES LTD2,407.7428.2267,946.9
MUTHOOT FINANCE LTD4,294.5815.9268,372.9
ADITYA BIRLA CAPITAL LTD3,134.9818.5458,113.2
SUNDARAM FINANCE LTD1,444.9836.2952,436.6
L&T FINANCE HOLDINGS LTD2,317.1317.2339,924.6
POONAWALLA FINCORP LTD1,651.5121.8236,041.4

Finance - NBFC Industry Benchmark (Top 10) PE Analysis vs ACME RESOURCES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.90x
Max industry PE 65.09x
Median industry PE 21.82x
Average industry PE 25.87x



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