HALDYN GLASS
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The Current P/E Ratio of HALDYN GLASS is 49.15.
Share Price | ₹162.2 | Apr 24,2024 |
Market Cap | ₹872.6 Cr | |
Earnings-TTM | ₹17.8 Cr | TTM-Consolidated Results |
Price/Earnings | 49.15x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HALDYN GLASS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹872.6 Cr] as on Apr 24,2024
(/) Earnings [ ₹17.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 49.15x ]
Thus, for HALDYN GLASS , the investors are currently willing to pay 49.15 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 HALDYN GLASS !
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 HALDYN GLASS over the last five years.
Historical PE (Price/Earnings) ratio chart of HALDYN GLASS
PE Ratio Performance Analysis for HALDYN GLASS
- HALDYN GLASS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.17x.
- HALDYN GLASS 's operated at median p/e ratio of 19.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HALDYN GLASS 's p/e ratio peaked in Mar2019 at 33.92x.
- HALDYN GLASS 's p/e ratio hit its five-year low in Mar2020 of 12.15x.
How does HALDYN GLASS 's P/E Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HALDYN GLASS | 17.75 | 49.15 | 872.6 |
ASAHI INDIA GLASS LTD | 306.06 | 47.91 | 14,662.0 |
BOROSIL RENEWABLES LTD | 12.98 | 532.18 | 6,908.7 |
LA OPALA RG LTD | 133.26 | 26.86 | 3,578.6 |
EMPIRE INDUSTRIES LTD | 37.96 | 16.76 | 636.3 |
SEJAL GLASS LTD | 3.17 | 109.96 | 348.5 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 215.32 | 0.87 | 187.4 |
Glass Industry Benchmark (Top 10) PE Analysis vs HALDYN GLASS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 0.87x |
Max industry PE | 532.18x |
Median industry PE | 47.91x |
Average industry PE | 111.95x |
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