BOROSIL RENEWABLES
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The Current P/E Ratio of BOROSIL RENEWABLES is 522.12.
Share Price | ₹519.4 | Apr 18,2024 |
Market Cap | ₹6,778.2 Cr | |
Earnings-TTM | ₹13.0 Cr | TTM-Consolidated Results |
Price/Earnings | 522.12x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of BOROSIL RENEWABLES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
BOROSIL RENEWABLES | 12.98 | 522.12 | 6,778.2 |
ASAHI INDIA GLASS LTD | 306.06 | 45.71 | 13,991.0 |
LA OPALA RG LTD | 133.26 | 26.79 | 3,569.8 |
HALDYN GLASS LTD | 17.75 | 46.94 | 833.4 |
EMPIRE INDUSTRIES LTD | 37.96 | 16.75 | 635.7 |
SEJAL GLASS LTD | 11.63 | 31.70 | 368.7 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 215.32 | 0.92 | 197.3 |
Glass Industry Benchmark (Top 10) PE Analysis vs BOROSIL RENEWABLES 's P/E Ratio
Top 10 Industry Peers | PE 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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