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GARDEN REACH SHIPBUILDERS & ENGINEERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of GARDEN REACH SHIPBUILDERS & ENGINEERS is 33.13.

Share Price ₹870.2Apr 19,2024
Market Cap ₹9,971.9 Cr
Earnings-TTM₹301.0 CrTTM-Standalone Results
Price/Earnings33.13xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GARDEN REACH SHIPBUILDERS & ENGINEERS

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 GARDEN REACH SHIPBUILDERS & ENGINEERS is calculated as :

Current Market Cap [ ₹9,971.9 Cr] as on Apr 19,2024

(/) Earnings [ ₹301.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 33.13x ]

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

Thus, for GARDEN REACH SHIPBUILDERS & ENGINEERS , the investors are currently willing to pay 33.13 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 GARDEN REACH SHIPBUILDERS & ENGINEERS !

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 GARDEN REACH SHIPBUILDERS & ENGINEERS over the last five years.

Historical PE (Price/Earnings) ratio chart of GARDEN REACH SHIPBUILDERS & ENGINEERS


PE Ratio Performance Analysis for GARDEN REACH SHIPBUILDERS & ENGINEERS

- GARDEN REACH SHIPBUILDERS & ENGINEERS 's latest p/e ratio is 33.13x.

- GARDEN REACH SHIPBUILDERS & ENGINEERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.02x.

- GARDEN REACH SHIPBUILDERS & ENGINEERS 's operated at median p/e ratio of 13.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GARDEN REACH SHIPBUILDERS & ENGINEERS 's p/e ratio peaked in Mar2023 at 22.87x.

- GARDEN REACH SHIPBUILDERS & ENGINEERS 's p/e ratio hit its five-year low in Mar2020 of 9.6x.


How does GARDEN REACH SHIPBUILDERS & ENGINEERS 's P/E Ratio benchmark against top 10 peers in Ship Building Industry?

Peer Comparison (Ship Building Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GARDEN REACH SHIPBUILDERS & ENGINEERS 300.9733.139,971.9
MAZAGON DOCK SHIPBUILDERS LTD1,478.8229.8544,138.9
COCHIN SHIPYARD LTD563.8951.2528,896.8

Ship Building Industry Benchmark (Top 10) PE Analysis vs GARDEN REACH SHIPBUILDERS & ENGINEERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 29.85x
Max industry PE 51.25x
Median industry PE 33.13x
Average industry PE 38.07x



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