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BOROSIL RENEWABLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BOROSIL RENEWABLES is 522.12.

Share Price ₹519.4Apr 18,2024
Market Cap ₹6,778.2 Cr
Earnings-TTM₹13.0 CrTTM-Consolidated Results
Price/Earnings522.12xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BOROSIL RENEWABLES

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 BOROSIL RENEWABLES is calculated as :

Current Market Cap [ ₹6,778.2 Cr] as on Apr 18,2024

(/) Earnings [ ₹13.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 522.12x ]

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

Thus, for BOROSIL RENEWABLES , the investors are currently willing to pay 522.12 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 BOROSIL RENEWABLES !

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 BOROSIL RENEWABLES over the last five years.

Historical PE (Price/Earnings) ratio chart of BOROSIL RENEWABLES


PE Ratio Performance Analysis for BOROSIL RENEWABLES

- BOROSIL RENEWABLES 's latest p/e ratio is 522.12x.

- BOROSIL RENEWABLES 's p/e ratio for fiscal years ending Mar2023 to Mar2016 averaged 24.91x.

- BOROSIL RENEWABLES 's operated at median p/e ratio of 10.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BOROSIL RENEWABLES 's p/e ratio peaked in Mar2023 at 77.21x.

- BOROSIL RENEWABLES 's p/e ratio hit its five-year low in Mar2017 of 0.28x.


How does BOROSIL RENEWABLES 's P/E Ratio benchmark against top 10 peers in Glass Industry?

Peer Comparison (Glass Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BOROSIL RENEWABLES 12.98522.126,778.2
ASAHI INDIA GLASS LTD306.0645.7113,991.0
LA OPALA RG LTD133.2626.793,569.8
HALDYN GLASS LTD17.7546.94833.4
EMPIRE INDUSTRIES LTD37.9616.75635.7
SEJAL GLASS LTD11.6331.70368.7
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD215.320.92197.3

Glass Industry Benchmark (Top 10) PE Analysis vs BOROSIL RENEWABLES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 0.92x
Max industry PE 522.12x
Median industry PE 31.70x
Average industry PE 98.70x



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