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HINDUSTHAN NATIONAL GLASS & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTHAN NATIONAL GLASS & INDUSTRIES is 0.79.

Share Price ₹18.9May 06,2024
Market Cap ₹169.3 Cr
Earnings-TTM₹215.3 CrTTM-Standalone Results
Price/Earnings0.79xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTHAN NATIONAL GLASS & 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 HINDUSTHAN NATIONAL GLASS & INDUSTRIES is calculated as :

Current Market Cap [ ₹169.3 Cr] as on May 06,2024

(/) Earnings [ ₹215.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 0.79x ]

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

Thus, for HINDUSTHAN NATIONAL GLASS & INDUSTRIES , the investors are currently willing to pay 0.79 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 HINDUSTHAN NATIONAL GLASS & 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 HINDUSTHAN NATIONAL GLASS & INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDUSTHAN NATIONAL GLASS & INDUSTRIES


PE Ratio Performance Analysis for HINDUSTHAN NATIONAL GLASS & INDUSTRIES

- HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's latest p/e ratio is 0.79x.

- HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's p/e ratio peaked in Mar2023 at 0x.

- HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Glass Industry?

Peer Comparison (Glass Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDUSTHAN NATIONAL GLASS & INDUSTRIES 215.320.79169.3
ASAHI INDIA GLASS LTD306.0650.8615,565.0
BOROSIL RENEWABLES LTD12.98509.606,615.7
LA OPALA RG LTD133.2627.183,622.5
HALDYN GLASS LTD17.7544.78795.0
EMPIRE INDUSTRIES LTD37.9616.05609.2
SEJAL GLASS LTD3.17107.69341.3

Glass Industry Benchmark (Top 10) PE Analysis vs HINDUSTHAN NATIONAL GLASS & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 0.79x
Max industry PE 509.60x
Median industry PE 44.78x
Average industry PE 108.14x



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