INDAG RUBBER
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The Current P/E Ratio of INDAG RUBBER is 19.62.
| Share Price | ₹149.8 | Apr 22,2024 |
| Market Cap | ₹392.3 Cr | |
| Earnings-TTM | ₹20.0 Cr | TTM-Standalone Results |
| Price/Earnings | 19.62x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of INDAG RUBBER
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 [ ₹392.3 Cr] as on Apr 22,2024
(/) Earnings [ ₹20.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 19.62x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for INDAG RUBBER , the investors are currently willing to pay 19.62 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 INDAG RUBBER !
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 INDAG RUBBER over the last five years.
Thus, for INDAG RUBBER , the investors are currently willing to pay 19.62 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 INDAG RUBBER !
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 INDAG RUBBER over the last five years.
Historical PE (Price/Earnings) ratio chart of INDAG RUBBER
PE Ratio Performance Analysis for INDAG RUBBER
- INDAG RUBBER 's latest p/e ratio is 19.62x.
- INDAG RUBBER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 40.97x.
- INDAG RUBBER 's operated at median p/e ratio of 26.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDAG RUBBER 's p/e ratio peaked in Mar2021 at 85.48x.
- INDAG RUBBER 's p/e ratio hit its five-year low in Mar2020 of 10.41x.
- INDAG RUBBER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 40.97x.
- INDAG RUBBER 's operated at median p/e ratio of 26.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDAG RUBBER 's p/e ratio peaked in Mar2021 at 85.48x.
- INDAG RUBBER 's p/e ratio hit its five-year low in Mar2020 of 10.41x.
How does INDAG RUBBER 's P/E Ratio benchmark against top 10 peers in Rubber Products Industry?
| Peer Comparison (Rubber Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| INDAG RUBBER | 20.00 | 19.62 | 392.3 |
| APCOTEX INDUSTRIES LTD | 61.77 | 38.46 | 2,375.8 |
| PIX TRANSMISSIONS LTD | 77.66 | 24.29 | 1,886.1 |
| GRP LTD | 13.72 | 63.49 | 871.1 |
| RUBFILA INTERNATIONAL LTD | 24.20 | 16.65 | 402.9 |
| CAPTAIN PIPES LTD | 4.18 | 75.50 | 315.2 |
| SOMI CONVEYOR BELTINGS LTD | 4.65 | 34.77 | 161.7 |
| DOLFIN RUBBERS LTD | 4.25 | 45.38 | 192.9 |
Rubber Products Industry Benchmark (Top 10) PE Analysis vs INDAG RUBBER 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.65x |
| Max industry PE | 75.50x |
| Median industry PE | 38.46x |
| Average industry PE | 39.77x |
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