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HUHTAMAKI INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of HUHTAMAKI INDIA is 5.80.

Share Price ₹307.4Apr 26,2024
Market Cap ₹2,320.9 Cr
Earnings-TTM₹400.2 CrTTM-Standalone Results
Price/Earnings5.80xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HUHTAMAKI INDIA

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 HUHTAMAKI INDIA is calculated as :

Current Market Cap [ ₹2,320.9 Cr] as on Apr 26,2024

(/) Earnings [ ₹400.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 5.80x ]

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

Thus, for HUHTAMAKI INDIA , the investors are currently willing to pay 5.80 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 HUHTAMAKI INDIA !

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 HUHTAMAKI INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of HUHTAMAKI INDIA


PE Ratio Performance Analysis for HUHTAMAKI INDIA

- HUHTAMAKI INDIA 's latest p/e ratio is 5.80x.

- HUHTAMAKI INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 14.22x.

- HUHTAMAKI INDIA 's operated at median p/e ratio of 10.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HUHTAMAKI INDIA 's p/e ratio peaked in Dec2022 at 30.26x.

- HUHTAMAKI INDIA 's p/e ratio hit its five-year low in Dec2021 of 0x.


How does HUHTAMAKI INDIA 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HUHTAMAKI INDIA 400.185.802,320.9
ASTRAL LTD564.8096.9954,782.4
SUPREME INDUSTRIES LTD962.8658.0855,921.0
FINOLEX INDUSTRIES LTD433.6039.0916,951.4
RESPONSIVE INDUSTRIES LTD138.1355.577,675.7
PRINCE PIPES AND FITTINGS LTD222.0031.647,023.4
EPL LTD276.9020.875,780.2
JAI CORP LTD-9.29-609.595,663.1
TIME TECHNOPLAST LTD286.8421.536,175.9
GARWARE HITECH FILMS LTD188.5521.614,074.4
JAIN IRRIGATION SYSTEMS LTD-43.94-90.143,960.8

Plastic Products Industry Benchmark (Top 10) PE Analysis vs HUHTAMAKI INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -609.59x
Max industry PE 96.99x
Median industry PE 21.61x
Average industry PE -31.69x



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