ANIK INDUSTRIES
|
The Current P/E Ratio of ANIK INDUSTRIES is 35.06.
Share Price | ₹42.8 | Mar 28,2024 |
Market Cap | ₹119.0 Cr | |
Earnings-TTM | ₹3.4 Cr | TTM-Consolidated Results |
Price/Earnings | 35.06x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ANIK INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹119.0 Cr] as on Mar 28,2024
(/) Earnings [ ₹3.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.06x ]
Thus, for ANIK INDUSTRIES , the investors are currently willing to pay 35.06 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 ANIK INDUSTRIES !
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 ANIK INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of ANIK INDUSTRIES
PE Ratio Performance Analysis for ANIK INDUSTRIES
- ANIK INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.71x.
- ANIK INDUSTRIES 's operated at median p/e ratio of 7.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ANIK INDUSTRIES 's p/e ratio peaked in Mar2023 at 16.7x.
- ANIK INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does ANIK INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ANIK INDUSTRIES | 3.39 | 35.06 | 119.0 |
NESTLE INDIA LTD | 2,998.67 | 84.35 | 252,927.0 |
VARUN BEVERAGES LTD | 2,102.29 | 86.41 | 181,668.0 |
BRITANNIA INDUSTRIES LTD | 2,150.57 | 55.03 | 118,337.0 |
MARICO LTD | 1,487.00 | 43.24 | 64,303.9 |
JUBILANT FOODWORKS LTD | 241.72 | 122.39 | 29,584.2 |
HATSUN AGRO PRODUCT LTD | 240.12 | 93.51 | 22,453.0 |
DEVYANI INTERNATIONAL LTD | 99.17 | 182.93 | 18,142.2 |
BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 66.19 | 12,276.2 |
SAPPHIRE FOODS INDIA LTD | 185.40 | 53.93 | 9,998.7 |
GODREJ AGROVET LTD | 265.68 | 35.21 | 9,353.9 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs ANIK INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 35.06x |
Max industry PE | 182.93x |
Median industry PE | 66.19x |
Average industry PE | 78.02x |
You may also like the below Video Courses