ASTRAL
|
The Current P/E Ratio of ASTRAL is 99.34.
Share Price | ₹2,088.9 | May 08,2024 |
Market Cap | ₹56,106.5 Cr | |
Earnings-TTM | ₹564.8 Cr | TTM-Consolidated Results |
Price/Earnings | 99.34x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASTRAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹56,106.5 Cr] as on May 08,2024
(/) Earnings [ ₹564.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 99.34x ]
Thus, for ASTRAL , the investors are currently willing to pay 99.34 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 ASTRAL !
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 ASTRAL over the last five years.
Historical PE (Price/Earnings) ratio chart of ASTRAL
PE Ratio Performance Analysis for ASTRAL
- ASTRAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 53.14x.
- ASTRAL 's operated at median p/e ratio of 60.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASTRAL 's p/e ratio peaked in Mar2023 at 78.76x.
- ASTRAL 's p/e ratio hit its five-year low in Mar2020 of 31.67x.
How does ASTRAL '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 |
---|---|---|---|
ASTRAL | 564.80 | 99.34 | 56,106.5 |
SUPREME INDUSTRIES LTD | 962.86 | 70.36 | 67,751.0 |
FINOLEX INDUSTRIES LTD | 433.60 | 39.80 | 17,255.5 |
RESPONSIVE INDUSTRIES LTD | 138.13 | 55.29 | 7,637.0 |
PRINCE PIPES AND FITTINGS LTD | 222.00 | 31.18 | 6,922.8 |
EPL LTD | 276.90 | 21.85 | 6,049.2 |
JAI CORP LTD | -9.29 | -584.62 | 5,431.1 |
TIME TECHNOPLAST LTD | 286.84 | 21.40 | 6,138.4 |
GARWARE HITECH FILMS LTD | 188.55 | 19.50 | 3,677.3 |
JAIN IRRIGATION SYSTEMS LTD | -43.94 | -103.77 | 4,559.5 |
MOLDTEK PACKAGING LTD | 71.61 | 37.97 | 2,719.3 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs ASTRAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -584.62x |
Max industry PE | 99.34x |
Median industry PE | 31.18x |
Average industry PE | -26.52x |
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