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MANGALORE REFINERY AND PETROCHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MANGALORE REFINERY AND PETROCHEMICALS is 9.14.

Share Price ₹227.0Apr 19,2024
Market Cap ₹39,784.0 Cr
Earnings-TTM₹4,353.6 CrTTM-Consolidated Results
Price/Earnings9.14xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MANGALORE REFINERY AND PETROCHEMICALS

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 MANGALORE REFINERY AND PETROCHEMICALS is calculated as :

Current Market Cap [ ₹39,784.0 Cr] as on Apr 19,2024

(/) Earnings [ ₹4,353.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.14x ]

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

Thus, for MANGALORE REFINERY AND PETROCHEMICALS , the investors are currently willing to pay 9.14 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 MANGALORE REFINERY AND PETROCHEMICALS !

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 MANGALORE REFINERY AND PETROCHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of MANGALORE REFINERY AND PETROCHEMICALS


PE Ratio Performance Analysis for MANGALORE REFINERY AND PETROCHEMICALS

- MANGALORE REFINERY AND PETROCHEMICALS 's latest p/e ratio is 9.14x.

- MANGALORE REFINERY AND PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.87x.

- MANGALORE REFINERY AND PETROCHEMICALS 's operated at median p/e ratio of 2.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANGALORE REFINERY AND PETROCHEMICALS 's p/e ratio peaked in Mar2019 at 38.4x.

- MANGALORE REFINERY AND PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does MANGALORE REFINERY AND PETROCHEMICALS 's P/E Ratio benchmark against top 10 peers in Refineries Industry?

Peer Comparison (Refineries Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MANGALORE REFINERY AND PETROCHEMICALS 4,353.579.1439,784.0
RELIANCE INDUSTRIES LTD78,786.0025.261,990,320.0
INDIAN OIL CORPORATION LTD47,115.604.99235,330.0
BHARAT PETROLEUM CORPORATION LTD26,635.604.77127,097.0
HINDUSTAN PETROLEUM CORPORATION LTD14,473.204.6967,870.5
CHENNAI PETROLEUM CORPORATION LTD3,100.344.5214,023.7

Refineries Industry Benchmark (Top 10) PE Analysis vs MANGALORE REFINERY AND PETROCHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 4.52x
Max industry PE 25.26x
Median industry PE 4.99x
Average industry PE 8.90x



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