GREENLAM INDUSTRIES
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The Current P/E Ratio of GREENLAM INDUSTRIES is 49.85.
Share Price | ₹558.6 | Apr 18,2024 |
Market Cap | ₹7,127.7 Cr | |
Earnings-TTM | ₹143.0 Cr | TTM-Consolidated Results |
Price/Earnings | 49.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GREENLAM INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,127.7 Cr] as on Apr 18,2024
(/) Earnings [ ₹143.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 49.85x ]
Thus, for GREENLAM INDUSTRIES , the investors are currently willing to pay 49.85 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 GREENLAM 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 GREENLAM INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of GREENLAM INDUSTRIES
PE Ratio Performance Analysis for GREENLAM INDUSTRIES
- GREENLAM INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.51x.
- GREENLAM INDUSTRIES 's operated at median p/e ratio of 6.11x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GREENLAM INDUSTRIES 's p/e ratio peaked in Mar2022 at 48.26x.
- GREENLAM INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 2.67x.
How does GREENLAM INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Laminates/Decoratives Industry?
Peer Comparison (Laminates/Decoratives Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GREENLAM INDUSTRIES | 142.97 | 49.85 | 7,127.7 |
STYLAM INDUSTRIES LTD | 117.65 | 23.55 | 2,770.8 |
RUSHIL DECOR LTD | 47.67 | 16.88 | 804.7 |
AIRO LAM LTD | 8.62 | 29.33 | 252.8 |
THE WESTERN INDIAN PLYWOODS LTD | 4.31 | 32.32 | 139.3 |
Laminates/Decoratives Industry Benchmark (Top 10) PE Analysis vs GREENLAM INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.88x |
Max industry PE | 49.85x |
Median industry PE | 29.33x |
Average industry PE | 30.39x |
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