GOODRICKE GROUP
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The Current P/E Ratio of GOODRICKE GROUP is -9.64.
Share Price | ₹173.0 | May 10,2024 |
Market Cap | ₹373.7 Cr | |
Earnings-TTM | ₹-38.8 Cr | TTM-Standalone Results |
Price/Earnings | -9.64x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GOODRICKE GROUP
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹373.7 Cr] as on May 10,2024
(/) Earnings [ ₹-38.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -9.64x ]
Thus, for GOODRICKE GROUP , the investors are currently willing to pay -9.64 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 GOODRICKE GROUP !
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 GOODRICKE GROUP over the last five years.
Historical PE (Price/Earnings) ratio chart of GOODRICKE GROUP
PE Ratio Performance Analysis for GOODRICKE GROUP
- GOODRICKE GROUP 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 33.74x.
- GOODRICKE GROUP 's operated at median p/e ratio of 23.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GOODRICKE GROUP 's p/e ratio peaked in Mar2022 at 82.16x.
- GOODRICKE GROUP 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does GOODRICKE GROUP 's P/E Ratio benchmark against top 10 peers in Tea/Coffee Industry?
Peer Comparison (Tea/Coffee Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GOODRICKE GROUP | -38.78 | -9.64 | 373.7 |
TATA CONSUMER PRODUCTS LTD | 1,300.99 | 79.86 | 103,902.0 |
CCL PRODUCTS (INDIA) LTD | 250.08 | 30.82 | 7,707.9 |
ANDREW YULE & COMPANY LTD | -45.90 | -41.05 | 1,884.4 |
JAY SHREE TEA & INDUSTRIES LTD | 11.40 | 25.67 | 292.7 |
MCLEOD RUSSEL INDIA LTD | -1,171.45 | -0.21 | 246.5 |
NEELAMALAI AGRO INDUSTRIES LTD | 10.48 | 22.55 | 236.3 |
DHUNSERI TEA & INDUSTRIES LTD | -100.35 | -2.05 | 205.8 |
THE UNITED NILGIRI TEA ESTATES COMPANY LTD | 15.82 | 10.47 | 165.6 |
B&A LTD | 15.41 | 11.14 | 171.7 |
THE PERIA KARAMALAI TEA AND PRODUCE COMPANY LTD | 0.28 | 362.64 | 101.5 |
Tea/Coffee Industry Benchmark (Top 10) PE Analysis vs GOODRICKE GROUP 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -41.05x |
Max industry PE | 362.64x |
Median industry PE | 11.14x |
Average industry PE | 44.56x |
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