GM BREWERIES
|
The Current P/E Ratio of GM BREWERIES is 9.59.
| Share Price | ₹794.4 | Apr 29,2024 |
| Market Cap | ₹1,453.8 Cr | |
| Earnings-TTM | ₹151.5 Cr | TTM-Standalone Results |
| Price/Earnings | 9.59x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GM BREWERIES
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 [ ₹1,453.8 Cr] as on Apr 29,2024
(/) Earnings [ ₹151.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 9.59x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for GM BREWERIES , the investors are currently willing to pay 9.59 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 GM BREWERIES !
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 GM BREWERIES over the last five years.
Thus, for GM BREWERIES , the investors are currently willing to pay 9.59 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 GM BREWERIES !
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 GM BREWERIES over the last five years.
Historical PE (Price/Earnings) ratio chart of GM BREWERIES
PE Ratio Performance Analysis for GM BREWERIES
- GM BREWERIES 's latest p/e ratio is 9.59x.
- GM BREWERIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.83x.
- GM BREWERIES 's operated at median p/e ratio of 9.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GM BREWERIES 's p/e ratio peaked in Mar2022 at 13.95x.
- GM BREWERIES 's p/e ratio hit its five-year low in Mar2024 of 7.64x.
- GM BREWERIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.83x.
- GM BREWERIES 's operated at median p/e ratio of 9.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GM BREWERIES 's p/e ratio peaked in Mar2022 at 13.95x.
- GM BREWERIES 's p/e ratio hit its five-year low in Mar2024 of 7.64x.
How does GM BREWERIES 's P/E Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?
| Peer Comparison (Breweries & Distilleries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| GM BREWERIES | 151.52 | 9.59 | 1,453.8 |
| UNITED SPIRITS LTD | 1,270.40 | 67.59 | 85,871.0 |
| UNITED BREWERIES LTD | 339.18 | 158.79 | 53,858.0 |
| RADICO KHAITAN LTD | 236.17 | 100.18 | 23,658.9 |
| SULA VINEYARDS LTD | 94.00 | 49.56 | 4,658.4 |
| TILAKNAGAR INDUSTRIES LTD | 165.66 | 26.86 | 4,449.2 |
| SOM DISTILLERIES BREWERIES & WINERIES LTD | 86.49 | 28.80 | 2,491.2 |
| GLOBUS SPIRITS LTD | 132.21 | 17.31 | 2,288.6 |
| ASSOCIATED ALCOHOLS & BREWERIES LTD | 48.17 | 20.65 | 994.7 |
| JAGATJIT INDUSTRIES LTD | 12.42 | 76.48 | 949.8 |
Breweries & Distilleries Industry Benchmark (Top 10) PE Analysis vs GM BREWERIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 9.59x |
| Max industry PE | 158.79x |
| Median industry PE | 49.56x |
| Average industry PE | 55.58x |
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