CAREER POINT
|
The Current P/E Ratio of CAREER POINT is 22.74.
| Share Price | ₹330.9 | Apr 22,2024 |
| Market Cap | ₹602.1 Cr | |
| Earnings-TTM | ₹26.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 22.74x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of CAREER POINT
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 [ ₹602.1 Cr] as on Apr 22,2024
(/) Earnings [ ₹26.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.74x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for CAREER POINT , the investors are currently willing to pay 22.74 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 CAREER POINT !
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 CAREER POINT over the last five years.
Thus, for CAREER POINT , the investors are currently willing to pay 22.74 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 CAREER POINT !
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 CAREER POINT over the last five years.
Historical PE (Price/Earnings) ratio chart of CAREER POINT
PE Ratio Performance Analysis for CAREER POINT
- CAREER POINT 's latest p/e ratio is 22.74x.
- CAREER POINT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 341.66x.
- CAREER POINT 's operated at median p/e ratio of 8.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CAREER POINT 's p/e ratio peaked in Mar2021 at 1653.38x.
- CAREER POINT 's p/e ratio hit its five-year low in Mar2019 of 5.24x.
- CAREER POINT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 341.66x.
- CAREER POINT 's operated at median p/e ratio of 8.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CAREER POINT 's p/e ratio peaked in Mar2021 at 1653.38x.
- CAREER POINT 's p/e ratio hit its five-year low in Mar2019 of 5.24x.
How does CAREER POINT 's P/E Ratio benchmark against top 10 peers in Educational Institutions Industry?
| Peer Comparison (Educational Institutions Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| CAREER POINT | 26.47 | 22.74 | 602.1 |
| VERANDA LEARNING SOLUTIONS LTD | -76.25 | -17.07 | 1,301.3 |
| GLOBAL EDUCATION LTD | 35.02 | 14.03 | 491.3 |
| CL EDUCATE LTD | 16.90 | 26.40 | 446.3 |
| VJTF EDUSERVICES LTD | 0.71 | 317.02 | 225.7 |
| ZEE LEARN LTD | -311.31 | -0.65 | 203.2 |
| VANTAGE KNOWLEDGE ACADEMY LTD | 2.16 | 116.07 | 250.4 |
Educational Institutions Industry Benchmark (Top 10) PE Analysis vs CAREER POINT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -17.07x |
| Max industry PE | 317.02x |
| Median industry PE | 22.74x |
| Average industry PE | 68.36x |
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