GLOBAL SURFACES
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The Current P/E Ratio of GLOBAL SURFACES is 59.52.
| Share Price | ₹206.4 | Apr 26,2024 |
| Market Cap | ₹874.9 Cr | |
| Earnings-TTM | ₹14.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 59.52x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GLOBAL SURFACES
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 [ ₹874.9 Cr] as on Apr 26,2024
(/) Earnings [ ₹14.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 59.52x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for GLOBAL SURFACES , the investors are currently willing to pay 59.52 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 GLOBAL SURFACES !
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 GLOBAL SURFACES over the last five years.
Thus, for GLOBAL SURFACES , the investors are currently willing to pay 59.52 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 GLOBAL SURFACES !
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 GLOBAL SURFACES over the last five years.
Historical PE (Price/Earnings) ratio chart of GLOBAL SURFACES
PE Ratio Performance Analysis for GLOBAL SURFACES
- GLOBAL SURFACES 's latest p/e ratio is 59.52x.
- GLOBAL SURFACES 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 7.19x.
- GLOBAL SURFACES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, GLOBAL SURFACES 's p/e ratio peaked in Mar2023 at 28.76x.
- GLOBAL SURFACES 's p/e ratio hit its five-year low in Mar2022 of 0x.
- GLOBAL SURFACES 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 7.19x.
- GLOBAL SURFACES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, GLOBAL SURFACES 's p/e ratio peaked in Mar2023 at 28.76x.
- GLOBAL SURFACES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does GLOBAL SURFACES 's P/E Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
| Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| GLOBAL SURFACES | 14.70 | 59.52 | 874.9 |
| KAJARIA CERAMICS LTD | 439.16 | 43.66 | 19,175.5 |
| CERA SANITARYWARE LTD | 228.78 | 40.99 | 9,377.3 |
| SOMANY CERAMICS LTD | 89.90 | 29.21 | 2,625.9 |
| POKARNA LTD | 82.54 | 17.58 | 1,451.0 |
| ASIAN GRANITO INDIA LTD | -62.62 | -12.72 | 796.3 |
| ORIENT BELL LTD | 1.57 | 360.75 | 566.4 |
| NITCO LTD | -151.70 | -3.17 | 480.6 |
| EXXARO TILES LTD | 2.15 | 219.59 | 472.8 |
| MURUDESHWAR CERAMICS LTD | 6.66 | 46.52 | 309.8 |
| ASI INDUSTRIES LTD | 23.05 | 10.01 | 230.6 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs GLOBAL SURFACES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -12.72x |
| Max industry PE | 360.75x |
| Median industry PE | 40.99x |
| Average industry PE | 73.81x |
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