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GRM OVERSEAS
PE (Price/Earnings) Ratio

The Current P/E Ratio of GRM OVERSEAS is 16.97.

Share Price ₹143.8Apr 23,2024
Market Cap ₹862.8 Cr
Earnings-TTM₹50.8 CrTTM-Consolidated Results
Price/Earnings16.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GRM OVERSEAS

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 GRM OVERSEAS is calculated as :

Current Market Cap [ ₹862.8 Cr] as on Apr 23,2024

(/) Earnings [ ₹50.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 16.97x ]

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

Thus, for GRM OVERSEAS , the investors are currently willing to pay 16.97 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 GRM OVERSEAS !

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 GRM OVERSEAS over the last five years.

Historical PE (Price/Earnings) ratio chart of GRM OVERSEAS


PE Ratio Performance Analysis for GRM OVERSEAS

- GRM OVERSEAS 's latest p/e ratio is 16.97x.

- GRM OVERSEAS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.03x.

- GRM OVERSEAS 's operated at median p/e ratio of 0.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GRM OVERSEAS 's p/e ratio peaked in Mar2022 at 45.89x.

- GRM OVERSEAS 's p/e ratio hit its five-year low in Mar2020 of 0.11x.


How does GRM OVERSEAS 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GRM OVERSEAS 50.8316.97862.8
NESTLE INDIA LTD2,998.6780.37240,996.0
VARUN BEVERAGES LTD2,102.2988.45185,945.0
BRITANNIA INDUSTRIES LTD2,150.5753.75115,590.0
MARICO LTD1,487.0044.3966,005.7
JUBILANT FOODWORKS LTD241.72120.6929,171.8
HATSUN AGRO PRODUCT LTD267.2992.9024,829.8
DEVYANI INTERNATIONAL LTD99.17202.2020,053.4
BIKAJI FOODS INTERNATIONAL LTD185.4770.3213,041.2
SAPPHIRE FOODS INDIA LTD185.4048.559,001.8
GODREJ AGROVET LTD265.6839.5310,502.4

Consumer Food Industry Benchmark (Top 10) PE Analysis vs GRM OVERSEAS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.97x
Max industry PE 202.20x
Median industry PE 70.32x
Average industry PE 78.01x



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