Home > PE Ratio > BLUE STAR

BLUE STAR
PE (Price/Earnings) Ratio

The Current P/E Ratio of BLUE STAR is 62.59.

Share Price ₹1,456.7Apr 26,2024
Market Cap ₹29,948.7 Cr
Earnings-TTM₹478.5 CrTTM-Consolidated Results
Price/Earnings62.59xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for BLUE STAR
Please provide your vote to see the results
BLUE STAR is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals
Best Quarterly Growth Mid Cap Stocks
Best 1M Momentum Mid Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of BLUE STAR

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 BLUE STAR is calculated as :

Current Market Cap [ ₹29,948.7 Cr] as on Apr 26,2024

(/) Earnings [ ₹478.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 62.59x ]

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

Thus, for BLUE STAR , the investors are currently willing to pay 62.59 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 BLUE STAR !

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 BLUE STAR over the last five years.

Historical PE (Price/Earnings) ratio chart of BLUE STAR


PE Ratio Performance Analysis for BLUE STAR

- BLUE STAR 's latest p/e ratio is 62.59x.

- BLUE STAR 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 40.41x.

- BLUE STAR 's operated at median p/e ratio of 30.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BLUE STAR 's p/e ratio peaked in Mar2021 at 89.96x.

- BLUE STAR 's p/e ratio hit its five-year low in Mar2023 of 16.57x.


How does BLUE STAR 's P/E Ratio benchmark against top 10 peers in Air Conditioners Industry?

Peer Comparison (Air Conditioners Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BLUE STAR 478.4862.5929,948.7
VOLTAS LTD409.16117.7348,168.6
AMBER ENTERPRISES INDIA LTD148.5485.8012,745.2
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA LTD-125.59-24.673,098.4

Air Conditioners Industry Benchmark (Top 10) PE Analysis vs BLUE STAR 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -24.67x
Max industry PE 117.73x
Median industry PE 85.80x
Average industry PE 60.36x



You may also like the below Video Courses