APEX FROZEN FOODS
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The Current P/E Ratio of APEX FROZEN FOODS is 60.86.
| Share Price | ₹213.5 | Apr 25,2024 |
| Market Cap | ₹666.0 Cr | |
| Earnings-TTM | ₹10.9 Cr | TTM-Standalone Results |
| Price/Earnings | 60.86x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of APEX FROZEN FOODS
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)
Current Market Cap [ ₹666.0 Cr] as on Apr 25,2024
(/) Earnings [ ₹10.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 60.86x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for APEX FROZEN FOODS , the investors are currently willing to pay 60.86 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 APEX FROZEN FOODS !
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 APEX FROZEN FOODS over the last five years.
Thus, for APEX FROZEN FOODS , the investors are currently willing to pay 60.86 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 APEX FROZEN FOODS !
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 APEX FROZEN FOODS over the last five years.
Historical PE (Price/Earnings) ratio chart of APEX FROZEN FOODS
PE Ratio Performance Analysis for APEX FROZEN FOODS
- APEX FROZEN FOODS 's latest p/e ratio is 60.86x.
- APEX FROZEN FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.65x.
- APEX FROZEN FOODS 's operated at median p/e ratio of 16.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APEX FROZEN FOODS 's p/e ratio peaked in Mar2022 at 21.17x.
- APEX FROZEN FOODS 's p/e ratio hit its five-year low in Mar2020 of 8.68x.
- APEX FROZEN FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.65x.
- APEX FROZEN FOODS 's operated at median p/e ratio of 16.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APEX FROZEN FOODS 's p/e ratio peaked in Mar2022 at 21.17x.
- APEX FROZEN FOODS 's p/e ratio hit its five-year low in Mar2020 of 8.68x.
How does APEX FROZEN FOODS 's P/E Ratio benchmark against top 10 peers in Aquaculture Industry?
| Peer Comparison (Aquaculture Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| APEX FROZEN FOODS | 10.94 | 60.86 | 666.0 |
| ZEAL AQUA LTD | 6.72 | 19.95 | 134.1 |
Aquaculture Industry Benchmark (Top 10) PE Analysis vs APEX FROZEN FOODS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 19.95x |
| Max industry PE | 60.86x |
| Median industry PE | 60.86x |
| Average industry PE | 40.41x |
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