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ECO RECYCLING
PE (Price/Earnings) Ratio

The Current P/E Ratio of ECO RECYCLING is 81.16.

Share Price ₹535.8Apr 25,2024
Market Cap ₹1,034.0 Cr
Earnings-TTM₹12.7 CrTTM-Consolidated Results
Price/Earnings81.16xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ECO RECYCLING

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 ECO RECYCLING is calculated as :

Current Market Cap [ ₹1,034.0 Cr] as on Apr 25,2024

(/) Earnings [ ₹12.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 81.16x ]

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

Thus, for ECO RECYCLING , the investors are currently willing to pay 81.16 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 ECO RECYCLING !

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 ECO RECYCLING over the last five years.

Historical PE (Price/Earnings) ratio chart of ECO RECYCLING


PE Ratio Performance Analysis for ECO RECYCLING

- ECO RECYCLING 's latest p/e ratio is 81.16x.

- ECO RECYCLING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 36.40x.

- ECO RECYCLING 's operated at median p/e ratio of 34.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ECO RECYCLING 's p/e ratio peaked in Mar2019 at 64.45x.

- ECO RECYCLING 's p/e ratio hit its five-year low in Mar2022 of 17.37x.


How does ECO RECYCLING 's P/E Ratio benchmark against top 10 peers in Environmental Services Industry?

Peer Comparison (Environmental Services Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ECO RECYCLING 12.7481.161,034.0
VA TECH WABAG LTD66.5793.366,215.0
ANTONY WASTE HANDLING CELL LTD82.1117.501,437.1
RACE ECO CHAIN LTD2.02266.22537.5

Environmental Services Industry Benchmark (Top 10) PE Analysis vs ECO RECYCLING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.50x
Max industry PE 266.22x
Median industry PE 93.36x
Average industry PE 114.56x



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