GANESHA ECOSPHERE
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The Current P/E Ratio of GANESHA ECOSPHERE is 79.45.
| Share Price | ₹1,079.0 | Apr 25,2024 |
| Market Cap | ₹2,729.7 Cr | |
| Earnings-TTM | ₹34.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 79.45x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GANESHA ECOSPHERE
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 [ ₹2,729.7 Cr] as on Apr 25,2024
(/) Earnings [ ₹34.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 79.45x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for GANESHA ECOSPHERE , the investors are currently willing to pay 79.45 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 GANESHA ECOSPHERE !
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 GANESHA ECOSPHERE over the last five years.
Thus, for GANESHA ECOSPHERE , the investors are currently willing to pay 79.45 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 GANESHA ECOSPHERE !
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 GANESHA ECOSPHERE over the last five years.
Historical PE (Price/Earnings) ratio chart of GANESHA ECOSPHERE
PE Ratio Performance Analysis for GANESHA ECOSPHERE
- GANESHA ECOSPHERE 's latest p/e ratio is 79.45x.
- GANESHA ECOSPHERE 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 21.86x.
- GANESHA ECOSPHERE 's operated at median p/e ratio of 26.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, GANESHA ECOSPHERE 's p/e ratio peaked in Mar2021 at 29.44x.
- GANESHA ECOSPHERE 's p/e ratio hit its five-year low in Mar2020 of 5.74x.
- GANESHA ECOSPHERE 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 21.86x.
- GANESHA ECOSPHERE 's operated at median p/e ratio of 26.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, GANESHA ECOSPHERE 's p/e ratio peaked in Mar2021 at 29.44x.
- GANESHA ECOSPHERE 's p/e ratio hit its five-year low in Mar2020 of 5.74x.
How does GANESHA ECOSPHERE 's P/E Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?
| Peer Comparison (Textile - Manmade Fibres Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| GANESHA ECOSPHERE | 34.36 | 79.45 | 2,729.7 |
| INDO RAMA SYNTHETICS (INDIA) LTD | -161.34 | -7.31 | 1,178.9 |
| BANSWARA SYNTEX LTD | 53.36 | 9.55 | 509.7 |
| SARLA PERFORMANCE FIBERS LTD | 21.33 | 22.95 | 489.5 |
| VARDHMAN ACRYLICS LTD | 16.16 | 28.69 | 463.7 |
| PASUPATI ACRYLON LTD | 10.82 | 32.00 | 346.3 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs GANESHA ECOSPHERE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -7.31x |
| Max industry PE | 79.45x |
| Median industry PE | 28.69x |
| Average industry PE | 27.56x |
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