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BRITANNIA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BRITANNIA INDUSTRIES is 52.29.

Share Price ₹4,668.1Apr 19,2024
Market Cap ₹112,454.5 Cr
Earnings-TTM₹2,150.6 CrTTM-Consolidated Results
Price/Earnings52.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BRITANNIA INDUSTRIES

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 BRITANNIA INDUSTRIES is calculated as :

Current Market Cap [ ₹112,454.5 Cr] as on Apr 19,2024

(/) Earnings [ ₹2,150.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 52.29x ]

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

Thus, for BRITANNIA INDUSTRIES , the investors are currently willing to pay 52.29 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 BRITANNIA INDUSTRIES !

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 BRITANNIA INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of BRITANNIA INDUSTRIES


PE Ratio Performance Analysis for BRITANNIA INDUSTRIES

- BRITANNIA INDUSTRIES 's latest p/e ratio is 52.29x.

- BRITANNIA INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 50.47x.

- BRITANNIA INDUSTRIES 's operated at median p/e ratio of 46.89x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BRITANNIA INDUSTRIES 's p/e ratio peaked in Mar2019 at 63.89x.

- BRITANNIA INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 44.84x.


How does BRITANNIA INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BRITANNIA INDUSTRIES 2,150.5752.29112,454.5
NESTLE INDIA LTD2,998.6778.36234,975.0
VARUN BEVERAGES LTD2,102.2986.26181,345.0
MARICO LTD1,487.0043.9565,358.6
JUBILANT FOODWORKS LTD241.72118.9328,746.2
HATSUN AGRO PRODUCT LTD240.1292.6522,248.1
DEVYANI INTERNATIONAL LTD99.17195.1519,354.0
BIKAJI FOODS INTERNATIONAL LTD185.4770.3113,039.9
SAPPHIRE FOODS INDIA LTD185.4050.789,415.2
GODREJ AGROVET LTD265.6839.5410,505.3
ZYDUS WELLNESS LTD269.0738.6010,385.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 38.60x
Max industry PE 195.15x
Median industry PE 70.31x
Average industry PE 78.80x



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