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APCOTEX INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of APCOTEX INDUSTRIES is 38.75.

Share Price ₹462.1Apr 19,2024
Market Cap ₹2,393.4 Cr
Earnings-TTM₹61.8 CrTTM-Standalone Results
Price/Earnings38.75xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of APCOTEX INDUSTRIES

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 APCOTEX INDUSTRIES is calculated as :

Current Market Cap [ ₹2,393.4 Cr] as on Apr 19,2024

(/) Earnings [ ₹61.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 38.75x ]

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

Thus, for APCOTEX INDUSTRIES , the investors are currently willing to pay 38.75 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 APCOTEX 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 APCOTEX INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of APCOTEX INDUSTRIES


PE Ratio Performance Analysis for APCOTEX INDUSTRIES

- APCOTEX INDUSTRIES 's latest p/e ratio is 38.75x.

- APCOTEX INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 19.43x.

- APCOTEX INDUSTRIES 's operated at median p/e ratio of 21.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, APCOTEX INDUSTRIES 's p/e ratio peaked in Mar2020 at 24.68x.

- APCOTEX INDUSTRIES 's p/e ratio hit its five-year low in Mar2019 of 9.31x.


How does APCOTEX INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Rubber Products Industry?

Peer Comparison (Rubber Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
APCOTEX INDUSTRIES 61.7738.752,393.4
PIX TRANSMISSIONS LTD77.6623.681,839.0
GRP LTD13.7262.95863.6
RUBFILA INTERNATIONAL LTD24.2016.28393.9
INDAG RUBBER LTD20.0019.93398.5
CAPTAIN PIPES LTD4.1878.51327.8
SOMI CONVEYOR BELTINGS LTD4.6534.10158.6
DOLFIN RUBBERS LTD4.2544.03187.2

Rubber Products Industry Benchmark (Top 10) PE Analysis vs APCOTEX INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.28x
Max industry PE 78.51x
Median industry PE 38.75x
Average industry PE 39.78x



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