ASIAN STAR COMPANY
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The Current P/E Ratio of ASIAN STAR COMPANY is 16.39.
Share Price | ₹780.0 | Apr 18,2024 |
Market Cap | ₹1,248.0 Cr | |
Earnings-TTM | ₹76.2 Cr | TTM-Consolidated Results |
Price/Earnings | 16.39x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASIAN STAR COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,248.0 Cr] as on Apr 18,2024
(/) Earnings [ ₹76.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.39x ]
Thus, for ASIAN STAR COMPANY , the investors are currently willing to pay 16.39 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 ASIAN STAR COMPANY !
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 ASIAN STAR COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of ASIAN STAR COMPANY
PE Ratio Performance Analysis for ASIAN STAR COMPANY
- ASIAN STAR COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.74x.
- ASIAN STAR COMPANY 's operated at median p/e ratio of 13.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIAN STAR COMPANY 's p/e ratio peaked in Mar2021 at 19.73x.
- ASIAN STAR COMPANY 's p/e ratio hit its five-year low in Mar2019 of 9.87x.
How does ASIAN STAR COMPANY 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASIAN STAR COMPANY | 76.16 | 16.39 | 1,248.0 |
TITAN COMPANY LTD | 3,460.00 | 90.48 | 313,069.0 |
KALYAN JEWELLERS INDIA LTD | 528.59 | 78.38 | 41,428.7 |
RAJESH EXPORTS LTD | 733.11 | 11.77 | 8,627.5 |
SENCO GOLD LTD | 252.29 | 29.65 | 7,481.4 |
THANGAMAYIL JEWELLERY LTD | 126.03 | 29.03 | 3,658.3 |
PC JEWELLER LTD | -810.14 | -3.16 | 2,556.0 |
GOLDIAM INTERNATIONAL LTD | 89.36 | 20.50 | 1,832.1 |
DP ABHUSHAN LTD | 50.15 | 46.58 | 2,336.1 |
RENAISSANCE GLOBAL LTD | 72.30 | 15.61 | 1,128.7 |
RADHIKA JEWELTECH LTD | 43.42 | 17.81 | 773.1 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs ASIAN STAR COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -3.16x |
Max industry PE | 90.48x |
Median industry PE | 20.50x |
Average industry PE | 32.10x |
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