ADANI ENTERPRISES
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The Current P/E Ratio of ADANI ENTERPRISES is 93.59.
Share Price | ₹3,079.9 | Apr 26,2024 |
Market Cap | ₹351,108.6 Cr | |
Earnings-TTM | ₹3,751.7 Cr | TTM-Consolidated Results |
Price/Earnings | 93.59x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ADANI ENTERPRISES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹351,108.6 Cr] as on Apr 26,2024
(/) Earnings [ ₹3,751.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 93.59x ]
Thus, for ADANI ENTERPRISES , the investors are currently willing to pay 93.59 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 ADANI 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 ADANI ENTERPRISES over the last five years.
Historical PE (Price/Earnings) ratio chart of ADANI ENTERPRISES
PE Ratio Performance Analysis for ADANI ENTERPRISES
- ADANI ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 104.98x.
- ADANI ENTERPRISES 's operated at median p/e ratio of 80.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI ENTERPRISES 's p/e ratio peaked in Mar2022 at 285.47x.
- ADANI ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 13.29x.
How does ADANI ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ADANI ENTERPRISES | 3,751.70 | 93.59 | 351,108.6 |
REDINGTON LTD | 1,243.11 | 14.00 | 17,402.3 |
HONASA CONSUMER LTD | 77.66 | 179.14 | 13,911.7 |
MMTC LTD | 49.62 | 230.71 | 11,448.0 |
MSTC LTD | 239.56 | 26.75 | 6,407.1 |
LLOYDS ENTERPRISES LTD | 132.28 | 35.56 | 4,703.1 |
VERITAS (INDIA) LTD | 191.62 | 21.38 | 4,097.0 |
NOVARTIS INDIA LTD | 95.53 | 27.27 | 2,605.1 |
OPTIEMUS INFRACOM LTD | 53.23 | 45.02 | 2,396.3 |
MISHTANN FOODS LTD | 26.01 | 76.61 | 1,992.8 |
SIRCA PAINTS INDIA LTD | 48.41 | 36.10 | 1,747.6 |
Trading Industry Benchmark (Top 10) PE Analysis vs ADANI ENTERPRISES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.00x |
Max industry PE | 230.71x |
Median industry PE | 36.10x |
Average industry PE | 71.47x |
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