APOLLO PIPES
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The Current P/E Ratio of APOLLO PIPES is 53.34.
| Share Price | ₹656.4 | May 03,2024 |
| Market Cap | ₹2,717.5 Cr | |
| Earnings-TTM | ₹50.9 Cr | TTM-Standalone Results |
| Price/Earnings | 53.34x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of APOLLO PIPES
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 [ ₹2,717.5 Cr] as on May 03,2024
(/) Earnings [ ₹50.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 53.34x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for APOLLO PIPES , the investors are currently willing to pay 53.34 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 APOLLO PIPES !
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 APOLLO PIPES over the last five years.
Thus, for APOLLO PIPES , the investors are currently willing to pay 53.34 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 APOLLO PIPES !
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 APOLLO PIPES over the last five years.
Historical PE (Price/Earnings) ratio chart of APOLLO PIPES
PE Ratio Performance Analysis for APOLLO PIPES
- APOLLO PIPES 's latest p/e ratio is 53.34x.
- APOLLO PIPES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.70x.
- APOLLO PIPES 's operated at median p/e ratio of 9.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO PIPES 's p/e ratio peaked in Mar2023 at 90.17x.
- APOLLO PIPES 's p/e ratio hit its five-year low in Mar2020 of 3.7x.
- APOLLO PIPES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.70x.
- APOLLO PIPES 's operated at median p/e ratio of 9.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APOLLO PIPES 's p/e ratio peaked in Mar2023 at 90.17x.
- APOLLO PIPES 's p/e ratio hit its five-year low in Mar2020 of 3.7x.
How does APOLLO PIPES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
| Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| APOLLO PIPES | 50.95 | 53.34 | 2,717.5 |
| ASTRAL LTD | 564.80 | 98.42 | 55,585.6 |
| SUPREME INDUSTRIES LTD | 962.86 | 65.64 | 63,206.0 |
| FINOLEX INDUSTRIES LTD | 433.60 | 38.77 | 16,808.7 |
| RESPONSIVE INDUSTRIES LTD | 138.13 | 57.56 | 7,950.3 |
| PRINCE PIPES AND FITTINGS LTD | 222.00 | 31.42 | 6,974.8 |
| EPL LTD | 276.90 | 20.87 | 5,780.2 |
| JAI CORP LTD | -9.29 | -606.42 | 5,633.7 |
| TIME TECHNOPLAST LTD | 286.84 | 21.75 | 6,239.4 |
| GARWARE HITECH FILMS LTD | 188.55 | 21.90 | 4,129.2 |
| JAIN IRRIGATION SYSTEMS LTD | -43.94 | -101.09 | 4,442.0 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs APOLLO PIPES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -606.42x |
| Max industry PE | 98.42x |
| Median industry PE | 31.42x |
| Average industry PE | -27.08x |
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