AVEER FOODS
|
The Current P/E Ratio of AVEER FOODS is 87.13.
Share Price | ₹506.0 | May 15,2024 |
Market Cap | ₹202.4 Cr | |
Earnings-TTM | ₹2.3 Cr | TTM-Standalone Results |
Price/Earnings | 87.13x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AVEER FOODS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹202.4 Cr] as on May 15,2024
(/) Earnings [ ₹2.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 87.13x ]
Thus, for AVEER FOODS , the investors are currently willing to pay 87.13 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 AVEER FOODS !
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 AVEER FOODS over the last five years.
Historical PE (Price/Earnings) ratio chart of AVEER FOODS
PE Ratio Performance Analysis for AVEER FOODS
- AVEER FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 42.82x.
- AVEER FOODS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, AVEER FOODS 's p/e ratio peaked in Mar2023 at 171.28x.
- AVEER FOODS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does AVEER FOODS 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AVEER FOODS | 2.32 | 87.13 | 202.4 |
NESTLE INDIA LTD | 3,196.20 | 74.43 | 237,886.0 |
VARUN BEVERAGES LTD | 2,211.84 | 87.73 | 194,050.0 |
BRITANNIA INDUSTRIES LTD | 2,137.41 | 57.91 | 123,771.0 |
MARICO LTD | 1,502.00 | 50.96 | 76,544.9 |
JUBILANT FOODWORKS LTD | 241.72 | 128.62 | 31,088.6 |
HATSUN AGRO PRODUCT LTD | 267.29 | 85.11 | 22,748.2 |
DEVYANI INTERNATIONAL LTD | -9.65 | -1,888.75 | 18,230.2 |
BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 73.72 | 13,672.1 |
SAPPHIRE FOODS INDIA LTD | 51.96 | 170.28 | 8,846.8 |
GODREJ AGROVET LTD | 307.41 | 34.79 | 10,693.5 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs AVEER FOODS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -1,888.75x |
Max industry PE | 170.28x |
Median industry PE | 74.43x |
Average industry PE | -94.37x |
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