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GREENPLY INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GREENPLY INDUSTRIES is 46.21.

Share Price ₹261.2Apr 24,2024
Market Cap ₹3,231.0 Cr
Earnings-TTM₹69.9 CrTTM-Consolidated Results
Price/Earnings46.21xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GREENPLY 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 GREENPLY INDUSTRIES is calculated as :

Current Market Cap [ ₹3,231.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹69.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 46.21x ]

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

Thus, for GREENPLY INDUSTRIES , the investors are currently willing to pay 46.21 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 GREENPLY 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 GREENPLY INDUSTRIES over the last five years.

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


PE Ratio Performance Analysis for GREENPLY INDUSTRIES

- GREENPLY INDUSTRIES 's latest p/e ratio is 46.21x.

- GREENPLY INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 25.26x.

- GREENPLY INDUSTRIES 's operated at median p/e ratio of 23.91x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GREENPLY INDUSTRIES 's p/e ratio peaked in Mar2021 at 34.08x.

- GREENPLY INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 18.67x.


How does GREENPLY 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
GREENPLY INDUSTRIES 69.9246.213,231.0
CENTURY PLYBOARDS (INDIA) LTD361.5139.3414,220.2
GREENPANEL INDUSTRIES LTD181.8121.063,829.0
ORIENTAL RAIL INFRASTRUCTURE LTD17.62102.321,803.2
DUROPLY INDUSTRIES LTD4.5063.31285.0
PRITI INTERNATIONAL LTD10.4721.91229.3
ARCHIDPLY INDUSTRIES LTD9.2325.88238.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.06x
Max industry PE 102.32x
Median industry PE 39.34x
Average industry PE 45.72x



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