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GANESH HOUSING CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of GANESH HOUSING CORPORATION is 17.37.

Share Price ₹806.9May 13,2024
Market Cap ₹6,729.5 Cr
Earnings-TTM₹387.3 CrTTM-Consolidated Results
Price/Earnings17.37xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GANESH HOUSING CORPORATION

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 GANESH HOUSING CORPORATION is calculated as :

Current Market Cap [ ₹6,729.5 Cr] as on May 13,2024

(/) Earnings [ ₹387.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 17.37x ]

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

Thus, for GANESH HOUSING CORPORATION , the investors are currently willing to pay 17.37 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 GANESH HOUSING CORPORATION !

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 GANESH HOUSING CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of GANESH HOUSING CORPORATION


PE Ratio Performance Analysis for GANESH HOUSING CORPORATION

- GANESH HOUSING CORPORATION 's latest p/e ratio is 17.37x.

- GANESH HOUSING CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.02x.

- GANESH HOUSING CORPORATION 's operated at median p/e ratio of 11.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GANESH HOUSING CORPORATION 's p/e ratio peaked in Mar2022 at 31.54x.

- GANESH HOUSING CORPORATION 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does GANESH HOUSING CORPORATION 's P/E Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GANESH HOUSING CORPORATION 387.3317.376,729.5
DLF LTD1,285.14161.46207,493.0
MACROTECH DEVELOPERS LTD1,567.1072.51113,626.0
GODREJ PROPERTIES LTD719.32106.8976,885.4
OBEROI REALTY LTD1,552.7434.7553,951.3
THE PHOENIX MILLS LTD1,230.7243.5653,608.2
PRESTIGE ESTATES PROJECTS LTD1,903.1031.1159,207.3
BRIGADE ENTERPRISES LTD253.2792.4723,420.8
NBCC (INDIA) LTD386.5760.4423,364.0
SIGNATUREGLOBAL (INDIA) LTD-69.83-253.4717,698.7
SOBHA LTD90.69171.5715,558.5

Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs GANESH HOUSING CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -253.47x
Max industry PE 171.57x
Median industry PE 60.44x
Average industry PE 48.97x



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