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GREENPANEL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GREENPANEL INDUSTRIES is 21.34.

Share Price ₹316.4Apr 18,2024
Market Cap ₹3,879.1 Cr
Earnings-TTM₹181.8 CrTTM-Consolidated Results
Price/Earnings21.34xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GREENPANEL INDUSTRIES

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 GREENPANEL INDUSTRIES is calculated as :

Current Market Cap [ ₹3,879.1 Cr] as on Apr 18,2024

(/) Earnings [ ₹181.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.34x ]

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

Thus, for GREENPANEL INDUSTRIES , the investors are currently willing to pay 21.34 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 GREENPANEL 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 GREENPANEL INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of GREENPANEL INDUSTRIES


PE Ratio Performance Analysis for GREENPANEL INDUSTRIES

- GREENPANEL INDUSTRIES 's latest p/e ratio is 21.34x.

- GREENPANEL INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 19.23x.

- GREENPANEL INDUSTRIES 's operated at median p/e ratio of 24.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GREENPANEL INDUSTRIES 's p/e ratio peaked in Mar2022 at 29.95x.

- GREENPANEL INDUSTRIES 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does GREENPANEL INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Wood & Wood Products Industry?

Peer Comparison (Wood & Wood Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GREENPANEL INDUSTRIES 181.8121.343,879.1
CENTURY PLYBOARDS (INDIA) LTD361.5139.2914,202.4
GREENPLY INDUSTRIES LTD69.9245.543,184.0
ORIENTAL RAIL INFRASTRUCTURE LTD17.6293.651,650.5
DUROPLY INDUSTRIES LTD4.5061.89278.6
PRITI INTERNATIONAL LTD10.4721.82228.4
ARCHIDPLY INDUSTRIES LTD9.2324.14222.7

Wood & Wood Products Industry Benchmark (Top 10) PE Analysis vs GREENPANEL INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.34x
Max industry PE 93.65x
Median industry PE 39.29x
Average industry PE 43.95x



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