FLEX FOODS
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The Current P/E Ratio of FLEX FOODS is -5.63.
| Share Price | ₹143.7 | Apr 24,2024 |
| Market Cap | ₹178.1 Cr | |
| Earnings-TTM | ₹-31.7 Cr | TTM-Standalone Results |
| Price/Earnings | -5.63x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of FLEX FOODS
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 [ ₹178.1 Cr] as on Apr 24,2024
(/) Earnings [ ₹-31.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -5.63x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for FLEX FOODS , the investors are currently willing to pay -5.63 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 FLEX FOODS !
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 FLEX FOODS over the last five years.
Thus, for FLEX FOODS , the investors are currently willing to pay -5.63 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 FLEX FOODS !
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 FLEX FOODS over the last five years.
Historical PE (Price/Earnings) ratio chart of FLEX FOODS
PE Ratio Performance Analysis for FLEX FOODS
- FLEX FOODS 's latest p/e ratio is -5.63x.
- FLEX FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.42x.
- FLEX FOODS 's operated at median p/e ratio of 6.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FLEX FOODS 's p/e ratio peaked in Mar2022 at 11.96x.
- FLEX FOODS 's p/e ratio hit its five-year low in Mar2023 of 0x.
- FLEX FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.42x.
- FLEX FOODS 's operated at median p/e ratio of 6.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FLEX FOODS 's p/e ratio peaked in Mar2022 at 11.96x.
- FLEX FOODS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does FLEX FOODS 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
| Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| FLEX FOODS | -31.66 | -5.63 | 178.1 |
| NESTLE INDIA LTD | 2,998.67 | 80.48 | 241,319.0 |
| VARUN BEVERAGES LTD | 2,102.29 | 89.30 | 187,738.0 |
| BRITANNIA INDUSTRIES LTD | 2,150.57 | 54.07 | 116,290.0 |
| MARICO LTD | 1,487.00 | 44.36 | 65,966.8 |
| JUBILANT FOODWORKS LTD | 241.72 | 120.17 | 29,046.4 |
| HATSUN AGRO PRODUCT LTD | 267.29 | 92.74 | 24,788.5 |
| DEVYANI INTERNATIONAL LTD | 99.17 | 202.51 | 20,083.6 |
| BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 70.73 | 13,118.8 |
| SAPPHIRE FOODS INDIA LTD | 185.40 | 48.06 | 8,909.7 |
| GODREJ AGROVET LTD | 265.68 | 39.40 | 10,468.8 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs FLEX FOODS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -5.63x |
| Max industry PE | 202.51x |
| Median industry PE | 70.73x |
| Average industry PE | 76.02x |
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