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GOYAL ALUMINIUMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of GOYAL ALUMINIUMS is 68.63.

Share Price ₹10.2May 18,2024
Market Cap ₹145.8 Cr
Earnings-TTM₹2.1 CrTTM-Consolidated Results
Price/Earnings68.63xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GOYAL ALUMINIUMS

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 GOYAL ALUMINIUMS is calculated as :

Current Market Cap [ ₹145.8 Cr] as on May 18,2024

(/) Earnings [ ₹2.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 68.63x ]

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

Thus, for GOYAL ALUMINIUMS , the investors are currently willing to pay 68.63 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 GOYAL ALUMINIUMS !

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 GOYAL ALUMINIUMS over the last five years.

Historical PE (Price/Earnings) ratio chart of GOYAL ALUMINIUMS


PE Ratio Performance Analysis for GOYAL ALUMINIUMS

- GOYAL ALUMINIUMS 's latest p/e ratio is 68.63x.

- GOYAL ALUMINIUMS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 118.61x.

- GOYAL ALUMINIUMS 's operated at median p/e ratio of 224.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, GOYAL ALUMINIUMS 's p/e ratio peaked in Mar2023 at 224.54x.

- GOYAL ALUMINIUMS 's p/e ratio hit its five-year low in Mar2022 of 12.67x.


How does GOYAL ALUMINIUMS 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GOYAL ALUMINIUMS 2.1368.63145.8
ADANI ENTERPRISES LTD3,293.18105.94348,892.0
REDINGTON LTD1,238.6113.3216,503.3
HONASA CONSUMER LTD77.66169.6713,175.7
MMTC LTD49.62227.7811,302.5
MSTC LTD239.5628.386,797.8
LLOYDS ENTERPRISES LTD174.8024.214,232.4
VERITAS (INDIA) LTD191.6219.603,754.7
NOVARTIS INDIA LTD85.1932.432,762.5
OPTIEMUS INFRACOM LTD53.2345.462,419.9
MISHTANN FOODS LTD14.23140.011,992.8

Trading Industry Benchmark (Top 10) PE Analysis vs GOYAL ALUMINIUMS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.32x
Max industry PE 227.78x
Median industry PE 45.46x
Average industry PE 79.58x



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