ARROW GREENTECH
|
The Current P/E Ratio of ARROW GREENTECH is 20.74.
Share Price | ₹440.6 | Apr 25,2024 |
Market Cap | ₹665.2 Cr | |
Earnings-TTM | ₹32.1 Cr | TTM-Consolidated Results |
Price/Earnings | 20.74x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ARROW GREENTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ARROW GREENTECH | 32.07 | 20.74 | 665.2 |
AGI GREENPAC LTD | 282.59 | 19.03 | 5,376.7 |
UFLEX LTD | -405.88 | -8.24 | 3,343.4 |
TCPL PACKAGING LTD | 96.49 | 19.50 | 1,881.7 |
PYRAMID TECHNOPLAST LTD | 29.82 | 20.47 | 610.4 |
KAIRA CAN COMPANY LTD | 4.41 | 43.96 | 193.7 |
Packaging Industry Benchmark (Top 10) PE Analysis vs ARROW GREENTECH 's P/E Ratio
Top 10 Industry Peers | PE 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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