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ARROW GREENTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARROW GREENTECH is 20.74.

Share Price ₹440.6Apr 25,2024
Market Cap ₹665.2 Cr
Earnings-TTM₹32.1 CrTTM-Consolidated Results
Price/Earnings20.74xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARROW GREENTECH

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 ARROW GREENTECH is calculated as :

Current Market Cap [ ₹665.2 Cr] as on Apr 25,2024

(/) Earnings [ ₹32.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.74x ]

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

Thus, for ARROW GREENTECH , the investors are currently willing to pay 20.74 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 ARROW GREENTECH !

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 ARROW GREENTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of ARROW GREENTECH


PE Ratio Performance Analysis for ARROW GREENTECH

- ARROW GREENTECH 's latest p/e ratio is 20.74x.

- ARROW GREENTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.20x.

- ARROW GREENTECH 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARROW GREENTECH 's p/e ratio peaked in Mar2023 at 31.43x.

- ARROW GREENTECH 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does ARROW GREENTECH 's P/E Ratio benchmark against top 10 peers in Packaging Industry?

Peer Comparison (Packaging Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ARROW GREENTECH 32.0720.74665.2
AGI GREENPAC LTD282.5919.035,376.7
UFLEX LTD-405.88-8.243,343.4
TCPL PACKAGING LTD96.4919.501,881.7
PYRAMID TECHNOPLAST LTD29.8220.47610.4
KAIRA CAN COMPANY LTD4.4143.96193.7

Packaging Industry Benchmark (Top 10) PE Analysis vs ARROW GREENTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -8.24x
Max industry PE 43.96x
Median industry PE 20.47x
Average industry PE 19.24x



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