HERITAGE FOODS
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The Current P/E Ratio of HERITAGE FOODS is 33.23.
| Share Price | ₹327.0 | Apr 23,2024 |
| Market Cap | ₹3,034.1 Cr | |
| Earnings-TTM | ₹91.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 33.23x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HERITAGE FOODS
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)
Current Market Cap [ ₹3,034.1 Cr] as on Apr 23,2024
(/) Earnings [ ₹91.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.23x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for HERITAGE FOODS , the investors are currently willing to pay 33.23 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 HERITAGE FOODS !
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 HERITAGE FOODS over the last five years.
Thus, for HERITAGE FOODS , the investors are currently willing to pay 33.23 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 HERITAGE FOODS !
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 HERITAGE FOODS over the last five years.
Historical PE (Price/Earnings) ratio chart of HERITAGE FOODS
PE Ratio Performance Analysis for HERITAGE FOODS
- HERITAGE FOODS 's latest p/e ratio is 33.23x.
- HERITAGE FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.25x.
- HERITAGE FOODS 's operated at median p/e ratio of 7.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HERITAGE FOODS 's p/e ratio peaked in Mar2023 at 23.12x.
- HERITAGE FOODS 's p/e ratio hit its five-year low in Mar2020 of 0x.
- HERITAGE FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.25x.
- HERITAGE FOODS 's operated at median p/e ratio of 7.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HERITAGE FOODS 's p/e ratio peaked in Mar2023 at 23.12x.
- HERITAGE FOODS 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does HERITAGE FOODS 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
| Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HERITAGE FOODS | 91.29 | 33.23 | 3,034.1 |
| NESTLE INDIA LTD | 2,998.67 | 80.37 | 240,996.0 |
| VARUN BEVERAGES LTD | 2,102.29 | 88.45 | 185,945.0 |
| BRITANNIA INDUSTRIES LTD | 2,150.57 | 53.75 | 115,590.0 |
| MARICO LTD | 1,487.00 | 44.39 | 66,005.7 |
| JUBILANT FOODWORKS LTD | 241.72 | 120.69 | 29,171.8 |
| HATSUN AGRO PRODUCT LTD | 267.29 | 92.90 | 24,829.8 |
| DEVYANI INTERNATIONAL LTD | 99.17 | 202.20 | 20,053.4 |
| BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 70.32 | 13,041.2 |
| SAPPHIRE FOODS INDIA LTD | 185.40 | 48.55 | 9,001.8 |
| GODREJ AGROVET LTD | 265.68 | 39.53 | 10,502.4 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs HERITAGE FOODS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 33.23x |
| Max industry PE | 202.20x |
| Median industry PE | 70.32x |
| Average industry PE | 79.49x |
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