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ASIAN STAR COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASIAN STAR COMPANY is 16.39.

Share Price ₹780.0Apr 18,2024
Market Cap ₹1,248.0 Cr
Earnings-TTM₹76.2 CrTTM-Consolidated Results
Price/Earnings16.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASIAN STAR COMPANY

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 ASIAN STAR COMPANY is calculated as :

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 ]

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

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 latest p/e ratio is 16.39x.

- 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 RatioMarket Cap
ASIAN STAR COMPANY 76.1616.391,248.0
TITAN COMPANY LTD3,460.0090.48313,069.0
KALYAN JEWELLERS INDIA LTD528.5978.3841,428.7
RAJESH EXPORTS LTD733.1111.778,627.5
SENCO GOLD LTD252.2929.657,481.4
THANGAMAYIL JEWELLERY LTD126.0329.033,658.3
PC JEWELLER LTD-810.14-3.162,556.0
GOLDIAM INTERNATIONAL LTD89.3620.501,832.1
DP ABHUSHAN LTD50.1546.582,336.1
RENAISSANCE GLOBAL LTD72.3015.611,128.7
RADHIKA JEWELTECH LTD43.4217.81773.1

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs ASIAN STAR COMPANY 's P/E Ratio

Top 10 Industry PeersPE 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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