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LAXMI GOLDORNA HOUSE
PE (Price/Earnings) Ratio

The Current P/E Ratio of LAXMI GOLDORNA HOUSE is 76.68.

Share Price ₹280.0May 15,2024
Market Cap ₹585.2 Cr
Earnings-TTM₹7.6 CrTTM-Standalone Results
Price/Earnings76.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LAXMI GOLDORNA HOUSE

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 LAXMI GOLDORNA HOUSE is calculated as :

Current Market Cap [ ₹585.2 Cr] as on May 15,2024

(/) Earnings [ ₹7.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 76.68x ]

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

Thus, for LAXMI GOLDORNA HOUSE , the investors are currently willing to pay 76.68 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 LAXMI GOLDORNA HOUSE !

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 LAXMI GOLDORNA HOUSE over the last five years.

Historical PE (Price/Earnings) ratio chart of LAXMI GOLDORNA HOUSE


PE Ratio Performance Analysis for LAXMI GOLDORNA HOUSE

- LAXMI GOLDORNA HOUSE 's latest p/e ratio is 76.68x.

- LAXMI GOLDORNA HOUSE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 131.09x.

- LAXMI GOLDORNA HOUSE 's operated at median p/e ratio of 139.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LAXMI GOLDORNA HOUSE 's p/e ratio peaked in Mar2021 at 280.17x.

- LAXMI GOLDORNA HOUSE 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does LAXMI GOLDORNA HOUSE 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LAXMI GOLDORNA HOUSE 7.6376.68585.2
TITAN COMPANY LTD3,495.0083.03290,173.0
KALYAN JEWELLERS INDIA LTD596.2970.6942,152.1
RAJESH EXPORTS LTD733.1112.148,903.6
SENCO GOLD LTD252.2926.746,745.1
THANGAMAYIL JEWELLERY LTD126.0327.243,432.8
PC JEWELLER LTD-810.14-2.872,327.5
GOLDIAM INTERNATIONAL LTD89.3619.681,758.4
DP ABHUSHAN LTD50.1555.612,788.8
ASIAN STAR COMPANY LTD76.1617.391,324.2
RENAISSANCE GLOBAL LTD72.3014.101,019.5

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs LAXMI GOLDORNA HOUSE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -2.87x
Max industry PE 83.03x
Median industry PE 26.74x
Average industry PE 36.40x



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