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GRAVITA INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of GRAVITA INDIA is 28.64.

Share Price ₹983.0Apr 18,2024
Market Cap ₹6,782.4 Cr
Earnings-TTM₹236.9 CrTTM-Consolidated Results
Price/Earnings28.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GRAVITA INDIA

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 GRAVITA INDIA is calculated as :

Current Market Cap [ ₹6,782.4 Cr] as on Apr 18,2024

(/) Earnings [ ₹236.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.64x ]

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

Thus, for GRAVITA INDIA , the investors are currently willing to pay 28.64 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 GRAVITA INDIA !

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 GRAVITA INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of GRAVITA INDIA


PE Ratio Performance Analysis for GRAVITA INDIA

- GRAVITA INDIA 's latest p/e ratio is 28.64x.

- GRAVITA INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.53x.

- GRAVITA INDIA 's operated at median p/e ratio of 15.82x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GRAVITA INDIA 's p/e ratio peaked in Mar2019 at 36.23x.

- GRAVITA INDIA 's p/e ratio hit its five-year low in Mar2020 of 7.05x.


How does GRAVITA INDIA 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GRAVITA INDIA 236.8528.646,782.4
HINDUSTAN ZINC LTD8,304.0020.59171,020.0
HINDALCO INDUSTRIES LTD9,387.0014.67137,709.0
VEDANTA LTD8,393.0017.22144,562.0
HINDUSTAN COPPER LTD303.15113.4534,392.2
SHIVALIK BIMETAL CONTROLS LTD78.1341.313,227.9
BHARAT WIRE ROPES LTD90.5122.252,013.4
RAM RATNA WIRES LTD50.8329.431,496.0
NILE LTD33.6312.27412.7
RAJNANDINI METAL LTD18.3117.21315.2
SHERA ENERGY LTD12.4634.96435.6

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs GRAVITA INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.27x
Max industry PE 113.45x
Median industry PE 22.25x
Average industry PE 32.00x



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