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LA OPALA RG
PE (Price/Earnings) Ratio

The Current P/E Ratio of LA OPALA RG is 26.82.

Share Price ₹322.0Apr 19,2024
Market Cap ₹3,573.6 Cr
Earnings-TTM₹133.3 CrTTM-Standalone Results
Price/Earnings26.82xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LA OPALA RG

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 LA OPALA RG is calculated as :

Current Market Cap [ ₹3,573.6 Cr] as on Apr 19,2024

(/) Earnings [ ₹133.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 26.82x ]

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

Thus, for LA OPALA RG , the investors are currently willing to pay 26.82 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 LA OPALA RG !

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 LA OPALA RG over the last five years.

Historical PE (Price/Earnings) ratio chart of LA OPALA RG


PE Ratio Performance Analysis for LA OPALA RG

- LA OPALA RG 's latest p/e ratio is 26.82x.

- LA OPALA RG 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 35.27x.

- LA OPALA RG 's operated at median p/e ratio of 32.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LA OPALA RG 's p/e ratio peaked in Mar2021 at 49.62x.

- LA OPALA RG 's p/e ratio hit its five-year low in Mar2020 of 19.67x.


How does LA OPALA RG 's P/E Ratio benchmark against top 10 peers in Glass Industry?

Peer Comparison (Glass Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LA OPALA RG 133.2626.823,573.6
ASAHI INDIA GLASS LTD306.0645.7313,997.1
BOROSIL RENEWABLES LTD12.98517.906,723.4
HALDYN GLASS LTD17.7549.44877.8
EMPIRE INDUSTRIES LTD37.9616.87640.5
SEJAL GLASS LTD11.6333.20386.1
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD215.320.92197.3

Glass Industry Benchmark (Top 10) PE Analysis vs LA OPALA RG 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 0.92x
Max industry PE 517.90x
Median industry PE 33.20x
Average industry PE 98.70x



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