GRASIM INDUSTRIES
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The Current P/E Ratio of GRASIM INDUSTRIES is 17.02.
Share Price | ₹2,370.1 | Apr 23,2024 |
Market Cap | ₹161,281.9 Cr | |
Earnings-TTM | ₹9,477.5 Cr | TTM-Consolidated Results |
Price/Earnings | 17.02x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GRASIM INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹161,281.9 Cr] as on Apr 23,2024
(/) Earnings [ ₹9,477.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.02x ]
Thus, for GRASIM INDUSTRIES , the investors are currently willing to pay 17.02 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 GRASIM INDUSTRIES !
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 GRASIM INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of GRASIM INDUSTRIES
PE Ratio Performance Analysis for GRASIM INDUSTRIES
- GRASIM INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.58x.
- GRASIM INDUSTRIES 's operated at median p/e ratio of 15.74x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GRASIM INDUSTRIES 's p/e ratio peaked in Mar2019 at 33.33x.
- GRASIM INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 7.09x.
How does GRASIM INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Diversified Industry?
Peer Comparison (Diversified Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GRASIM INDUSTRIES | 9,477.51 | 17.02 | 161,281.9 |
3M INDIA LTD | 546.29 | 61.42 | 33,554.1 |
CENTURY TEXTILES & INDUSTRIES LTD | 199.88 | 107.15 | 21,417.1 |
DCM SHRIRAM LTD | 515.97 | 27.52 | 14,200.1 |
BIRLA CORPORATION LTD | 312.17 | 36.31 | 11,334.0 |
SURYA ROSHNI LTD | 380.82 | 16.00 | 6,092.2 |
BALMER LAWRIE & COMPANY LTD | 163.15 | 26.20 | 4,275.1 |
ASPINWALL AND COMPANY LTD | 6.55 | 32.39 | 212.2 |
GILLANDERS ARBUTHNOT & COMPANY LTD | -34.78 | -5.15 | 179.3 |
Diversified Industry Benchmark (Top 10) PE Analysis vs GRASIM INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -5.15x |
Max industry PE | 107.15x |
Median industry PE | 27.52x |
Average industry PE | 35.43x |
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