BIRLA CORPORATION
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The Current P/E Ratio of BIRLA CORPORATION is 35.75.
Share Price | ₹1,449.3 | Apr 26,2024 |
Market Cap | ₹11,159.6 Cr | |
Earnings-TTM | ₹312.2 Cr | TTM-Consolidated Results |
Price/Earnings | 35.75x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BIRLA CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,159.6 Cr] as on Apr 26,2024
(/) Earnings [ ₹312.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.75x ]
Thus, for BIRLA CORPORATION , the investors are currently willing to pay 35.75 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 BIRLA CORPORATION !
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 BIRLA CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of BIRLA CORPORATION
PE Ratio Performance Analysis for BIRLA CORPORATION
- BIRLA CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 45.05x.
- BIRLA CORPORATION 's operated at median p/e ratio of 15.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BIRLA CORPORATION 's p/e ratio peaked in Mar2023 at 168.68x.
- BIRLA CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 6.36x.
How does BIRLA CORPORATION 's P/E Ratio benchmark against top 10 peers in Diversified Industry?
Peer Comparison (Diversified Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BIRLA CORPORATION | 312.17 | 35.75 | 11,159.6 |
GRASIM INDUSTRIES LTD | 9,477.51 | 16.84 | 159,615.0 |
3M INDIA LTD | 546.29 | 61.61 | 33,654.8 |
CENTURY TEXTILES & INDUSTRIES LTD | 199.88 | 111.41 | 22,269.3 |
DCM SHRIRAM LTD | 515.97 | 28.95 | 14,938.5 |
SURYA ROSHNI LTD | 380.82 | 17.37 | 6,616.1 |
BALMER LAWRIE & COMPANY LTD | 163.15 | 29.05 | 4,739.4 |
ASPINWALL AND COMPANY LTD | 6.55 | 35.30 | 231.2 |
GILLANDERS ARBUTHNOT & COMPANY LTD | -34.78 | -5.23 | 182.0 |
Diversified Industry Benchmark (Top 10) PE Analysis vs BIRLA CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -5.23x |
Max industry PE | 111.41x |
Median industry PE | 29.05x |
Average industry PE | 36.78x |
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