CREATIVE NEWTECH
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The Current P/E Ratio of CREATIVE NEWTECH is 32.15.
Share Price | ₹783.0 | May 13,2024 |
Market Cap | ₹1,104.0 Cr | |
Earnings-TTM | ₹34.3 Cr | TTM-Consolidated Results |
Price/Earnings | 32.15x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CREATIVE NEWTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,104.0 Cr] as on May 13,2024
(/) Earnings [ ₹34.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.15x ]
Thus, for CREATIVE NEWTECH , the investors are currently willing to pay 32.15 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 CREATIVE NEWTECH !
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 CREATIVE NEWTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of CREATIVE NEWTECH
PE Ratio Performance Analysis for CREATIVE NEWTECH
- CREATIVE NEWTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.10x.
- CREATIVE NEWTECH 's operated at median p/e ratio of 12.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CREATIVE NEWTECH 's p/e ratio peaked in Mar2022 at 54.25x.
- CREATIVE NEWTECH 's p/e ratio hit its five-year low in Mar2019 of 5.36x.
How does CREATIVE NEWTECH 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
CREATIVE NEWTECH | 34.34 | 32.15 | 1,104.0 |
ADANI ENTERPRISES LTD | 3,293.18 | 99.71 | 328,377.0 |
REDINGTON LTD | 1,243.11 | 13.27 | 16,495.4 |
HONASA CONSUMER LTD | 77.66 | 177.74 | 13,803.1 |
MMTC LTD | 49.62 | 208.68 | 10,354.5 |
MSTC LTD | 239.56 | 23.76 | 5,692.9 |
LLOYDS ENTERPRISES LTD | 174.80 | 23.97 | 4,189.1 |
VERITAS (INDIA) LTD | 191.62 | 18.47 | 3,539.9 |
NOVARTIS INDIA LTD | 85.19 | 30.24 | 2,576.1 |
OPTIEMUS INFRACOM LTD | 53.23 | 41.22 | 2,194.1 |
MISHTANN FOODS LTD | 26.01 | 71.55 | 1,861.0 |
Trading Industry Benchmark (Top 10) PE Analysis vs CREATIVE NEWTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.27x |
Max industry PE | 208.68x |
Median industry PE | 32.15x |
Average industry PE | 67.34x |
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