APCOTEX INDUSTRIES
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The Current P/E Ratio of APCOTEX INDUSTRIES is 38.75.
Share Price | ₹462.1 | Apr 19,2024 |
Market Cap | ₹2,393.4 Cr | |
Earnings-TTM | ₹61.8 Cr | TTM-Standalone Results |
Price/Earnings | 38.75x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of APCOTEX INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
APCOTEX INDUSTRIES | 61.77 | 38.75 | 2,393.4 |
PIX TRANSMISSIONS LTD | 77.66 | 23.68 | 1,839.0 |
GRP LTD | 13.72 | 62.95 | 863.6 |
RUBFILA INTERNATIONAL LTD | 24.20 | 16.28 | 393.9 |
INDAG RUBBER LTD | 20.00 | 19.93 | 398.5 |
CAPTAIN PIPES LTD | 4.18 | 78.51 | 327.8 |
SOMI CONVEYOR BELTINGS LTD | 4.65 | 34.10 | 158.6 |
DOLFIN RUBBERS LTD | 4.25 | 44.03 | 187.2 |
Rubber Products Industry Benchmark (Top 10) PE Analysis vs APCOTEX INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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