CARBORUNDUM UNIVERSAL
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The Current P/E Ratio of CARBORUNDUM UNIVERSAL is 61.57.
| Share Price | ₹1,412.2 | Apr 25,2024 |
| Market Cap | ₹26,873.2 Cr | |
| Earnings-TTM | ₹436.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 61.57x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of CARBORUNDUM UNIVERSAL
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)
Current Market Cap [ ₹26,873.2 Cr] as on Apr 25,2024
(/) Earnings [ ₹436.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 61.57x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for CARBORUNDUM UNIVERSAL , the investors are currently willing to pay 61.57 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 CARBORUNDUM UNIVERSAL !
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 CARBORUNDUM UNIVERSAL over the last five years.
Thus, for CARBORUNDUM UNIVERSAL , the investors are currently willing to pay 61.57 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 CARBORUNDUM UNIVERSAL !
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 CARBORUNDUM UNIVERSAL over the last five years.
Historical PE (Price/Earnings) ratio chart of CARBORUNDUM UNIVERSAL
PE Ratio Performance Analysis for CARBORUNDUM UNIVERSAL
- CARBORUNDUM UNIVERSAL 's latest p/e ratio is 61.57x.
- CARBORUNDUM UNIVERSAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 34.22x.
- CARBORUNDUM UNIVERSAL 's operated at median p/e ratio of 33.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CARBORUNDUM UNIVERSAL 's p/e ratio peaked in Mar2022 at 45.44x.
- CARBORUNDUM UNIVERSAL 's p/e ratio hit its five-year low in Mar2020 of 15.27x.
- CARBORUNDUM UNIVERSAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 34.22x.
- CARBORUNDUM UNIVERSAL 's operated at median p/e ratio of 33.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CARBORUNDUM UNIVERSAL 's p/e ratio peaked in Mar2022 at 45.44x.
- CARBORUNDUM UNIVERSAL 's p/e ratio hit its five-year low in Mar2020 of 15.27x.
How does CARBORUNDUM UNIVERSAL 's P/E Ratio benchmark against top 10 peers in Abrasives Industry?
| Peer Comparison (Abrasives Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| CARBORUNDUM UNIVERSAL | 436.44 | 61.57 | 26,873.2 |
| GRINDWELL NORTON LTD | 390.14 | 59.51 | 23,216.3 |
| WENDT (INDIA) LTD | 40.95 | 63.14 | 2,585.6 |
Abrasives Industry Benchmark (Top 10) PE Analysis vs CARBORUNDUM UNIVERSAL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 59.51x |
| Max industry PE | 63.14x |
| Median industry PE | 61.57x |
| Average industry PE | 61.41x |
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