GOYAL ALUMINIUMS
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The Current P/E Ratio of GOYAL ALUMINIUMS is 68.63.
Share Price | ₹10.2 | May 18,2024 |
Market Cap | ₹145.8 Cr | |
Earnings-TTM | ₹2.1 Cr | TTM-Consolidated Results |
Price/Earnings | 68.63x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GOYAL ALUMINIUMS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
GOYAL ALUMINIUMS | 2.13 | 68.63 | 145.8 |
ADANI ENTERPRISES LTD | 3,293.18 | 105.94 | 348,892.0 |
REDINGTON LTD | 1,238.61 | 13.32 | 16,503.3 |
HONASA CONSUMER LTD | 77.66 | 169.67 | 13,175.7 |
MMTC LTD | 49.62 | 227.78 | 11,302.5 |
MSTC LTD | 239.56 | 28.38 | 6,797.8 |
LLOYDS ENTERPRISES LTD | 174.80 | 24.21 | 4,232.4 |
VERITAS (INDIA) LTD | 191.62 | 19.60 | 3,754.7 |
NOVARTIS INDIA LTD | 85.19 | 32.43 | 2,762.5 |
OPTIEMUS INFRACOM LTD | 53.23 | 45.46 | 2,419.9 |
MISHTANN FOODS LTD | 14.23 | 140.01 | 1,992.8 |
Trading Industry Benchmark (Top 10) PE Analysis vs GOYAL ALUMINIUMS 's P/E Ratio
Top 10 Industry Peers | PE 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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