EUREKA FORBES
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The Current P/E Ratio of EUREKA FORBES is 103.78.
| Share Price | ₹508.7 | Apr 25,2024 |
| Market Cap | ₹9,843.3 Cr | |
| Earnings-TTM | ₹94.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 103.78x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of EUREKA FORBES
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 [ ₹9,843.3 Cr] as on Apr 25,2024
(/) Earnings [ ₹94.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 103.78x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for EUREKA FORBES , the investors are currently willing to pay 103.78 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 EUREKA FORBES !
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 EUREKA FORBES over the last five years.
Thus, for EUREKA FORBES , the investors are currently willing to pay 103.78 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 EUREKA FORBES !
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 EUREKA FORBES over the last five years.
Historical PE (Price/Earnings) ratio chart of EUREKA FORBES
PE Ratio Performance Analysis for EUREKA FORBES
- EUREKA FORBES 's latest p/e ratio is 103.78x.
- EUREKA FORBES 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 1,074.83x.
- EUREKA FORBES 's operated at median p/e ratio of 310.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, EUREKA FORBES 's p/e ratio peaked in Mar2022 at 2913.63x.
- EUREKA FORBES 's p/e ratio hit its five-year low in Mar2021 of 0x.
- EUREKA FORBES 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 1,074.83x.
- EUREKA FORBES 's operated at median p/e ratio of 310.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, EUREKA FORBES 's p/e ratio peaked in Mar2022 at 2913.63x.
- EUREKA FORBES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does EUREKA FORBES 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
| Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| EUREKA FORBES | 94.85 | 103.78 | 9,843.3 |
| CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 439.90 | 45.21 | 19,888.1 |
| WHIRLPOOL OF INDIA LTD | 208.56 | 92.29 | 19,247.1 |
| BAJAJ ELECTRICALS LTD | 158.42 | 68.02 | 10,775.8 |
| TTK PRESTIGE LTD | 225.92 | 42.93 | 9,699.5 |
| SYMPHONY LTD | 116.00 | 56.27 | 6,527.8 |
| IFB INDUSTRIES LTD | 50.52 | 132.97 | 6,717.4 |
| BOROSIL LTD | 89.53 | 45.45 | 4,068.8 |
| PG ELECTROPLAST LTD | 105.59 | 49.26 | 5,201.9 |
| ORIENT ELECTRIC LTD | 87.09 | 53.23 | 4,635.4 |
| HAWKINS COOKERS LTD | 98.51 | 34.52 | 3,401.0 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs EUREKA FORBES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 34.52x |
| Max industry PE | 132.97x |
| Median industry PE | 53.23x |
| Average industry PE | 65.81x |
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