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KRBL
PE (Price/Earnings) Ratio

The Current P/E Ratio of KRBL is 11.31.

Share Price ₹296.3Apr 24,2024
Market Cap ₹6,781.2 Cr
Earnings-TTM₹599.8 CrTTM-Consolidated Results
Price/Earnings11.31xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KRBL

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 KRBL is calculated as :

Current Market Cap [ ₹6,781.2 Cr] as on Apr 24,2024

(/) Earnings [ ₹599.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 11.31x ]

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

Thus, for KRBL , the investors are currently willing to pay 11.31 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 KRBL !

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 KRBL over the last five years.

Historical PE (Price/Earnings) ratio chart of KRBL


PE Ratio Performance Analysis for KRBL

- KRBL 's latest p/e ratio is 11.31x.

- KRBL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.21x.

- KRBL 's operated at median p/e ratio of 10.33x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KRBL 's p/e ratio peaked in Mar2019 at 15.82x.

- KRBL 's p/e ratio hit its five-year low in Mar2020 of 5.75x.


How does KRBL 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KRBL 599.7611.316,781.2
NESTLE INDIA LTD3,196.2075.50241,319.0
VARUN BEVERAGES LTD2,102.2989.30187,738.0
BRITANNIA INDUSTRIES LTD2,150.5754.07116,290.0
MARICO LTD1,487.0044.3665,966.8
JUBILANT FOODWORKS LTD241.72120.1729,046.4
HATSUN AGRO PRODUCT LTD267.2992.7424,788.5
DEVYANI INTERNATIONAL LTD99.17202.5120,083.6
BIKAJI FOODS INTERNATIONAL LTD185.4770.7313,118.8
SAPPHIRE FOODS INDIA LTD185.4048.068,909.7
GODREJ AGROVET LTD265.6839.4010,468.8

Consumer Food Industry Benchmark (Top 10) PE Analysis vs KRBL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.31x
Max industry PE 202.51x
Median industry PE 70.73x
Average industry PE 77.11x



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