BRITANNIA INDUSTRIES
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The Current P/E Ratio of BRITANNIA INDUSTRIES is 53.74.
Share Price | ₹4,797.6 | Apr 26,2024 |
Market Cap | ₹115,573.0 Cr | |
Earnings-TTM | ₹2,150.6 Cr | TTM-Consolidated Results |
Price/Earnings | 53.74x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of BRITANNIA INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹115,573.0 Cr] as on Apr 26,2024
(/) Earnings [ ₹2,150.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 53.74x ]
Thus, for BRITANNIA INDUSTRIES , the investors are currently willing to pay 53.74 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 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 Ratio | Market Cap |
---|---|---|---|
BRITANNIA INDUSTRIES | 2,150.57 | 53.74 | 115,573.0 |
NESTLE INDIA LTD | 3,196.20 | 74.93 | 239,477.0 |
VARUN BEVERAGES LTD | 2,102.29 | 90.11 | 189,427.0 |
MARICO LTD | 1,487.00 | 45.05 | 66,995.6 |
JUBILANT FOODWORKS LTD | 241.72 | 119.36 | 28,851.7 |
HATSUN AGRO PRODUCT LTD | 267.29 | 91.02 | 24,329.7 |
DEVYANI INTERNATIONAL LTD | 99.17 | 205.47 | 20,377.0 |
BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 71.17 | 13,200.2 |
SAPPHIRE FOODS INDIA LTD | 185.40 | 46.62 | 8,644.1 |
GODREJ AGROVET LTD | 265.68 | 39.33 | 10,450.5 |
ZYDUS WELLNESS LTD | 269.07 | 39.44 | 10,612.2 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs BRITANNIA INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 39.33x |
Max industry PE | 205.47x |
Median industry PE | 71.17x |
Average industry PE | 79.66x |
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