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AVEER FOODS
PE (Price/Earnings) Ratio

The Current P/E Ratio of AVEER FOODS is 87.13.

Share Price ₹506.0May 15,2024
Market Cap ₹202.4 Cr
Earnings-TTM₹2.3 CrTTM-Standalone Results
Price/Earnings87.13xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AVEER FOODS

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 AVEER FOODS is calculated as :

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 ]

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

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 latest p/e ratio is 87.13x.

- 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 RatioMarket Cap
AVEER FOODS 2.3287.13202.4
NESTLE INDIA LTD3,196.2074.43237,886.0
VARUN BEVERAGES LTD2,211.8487.73194,050.0
BRITANNIA INDUSTRIES LTD2,137.4157.91123,771.0
MARICO LTD1,502.0050.9676,544.9
JUBILANT FOODWORKS LTD241.72128.6231,088.6
HATSUN AGRO PRODUCT LTD267.2985.1122,748.2
DEVYANI INTERNATIONAL LTD-9.65-1,888.7518,230.2
BIKAJI FOODS INTERNATIONAL LTD185.4773.7213,672.1
SAPPHIRE FOODS INDIA LTD51.96170.288,846.8
GODREJ AGROVET LTD307.4134.7910,693.5

Consumer Food Industry Benchmark (Top 10) PE Analysis vs AVEER FOODS 's P/E Ratio

Top 10 Industry PeersPE 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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