MARICO
|
The Current P/E Ratio of MARICO is 44.36.
Share Price | ₹509.8 | Apr 24,2024 |
Market Cap | ₹65,966.7 Cr | |
Earnings-TTM | ₹1,487.0 Cr | TTM-Consolidated Results |
Price/Earnings | 44.36x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MARICO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹65,966.7 Cr] as on Apr 24,2024
(/) Earnings [ ₹1,487.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 44.36x ]
Thus, for MARICO , the investors are currently willing to pay 44.36 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 MARICO !
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 MARICO over the last five years.
Historical PE (Price/Earnings) ratio chart of MARICO
PE Ratio Performance Analysis for MARICO
- MARICO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 44.11x.
- MARICO 's operated at median p/e ratio of 45.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MARICO 's p/e ratio peaked in Mar2022 at 53.04x.
- MARICO 's p/e ratio hit its five-year low in Mar2020 of 34.73x.
How does MARICO 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MARICO | 1,487.00 | 44.36 | 65,966.7 |
NESTLE INDIA LTD | 2,998.67 | 80.48 | 241,319.0 |
VARUN BEVERAGES LTD | 2,102.29 | 89.30 | 187,738.0 |
BRITANNIA INDUSTRIES LTD | 2,150.57 | 54.07 | 116,290.0 |
JUBILANT FOODWORKS LTD | 241.72 | 120.17 | 29,046.4 |
HATSUN AGRO PRODUCT LTD | 267.29 | 92.74 | 24,788.5 |
DEVYANI INTERNATIONAL LTD | 99.17 | 202.51 | 20,083.6 |
BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 70.73 | 13,118.8 |
SAPPHIRE FOODS INDIA LTD | 185.40 | 48.06 | 8,909.7 |
GODREJ AGROVET LTD | 265.68 | 39.40 | 10,468.8 |
ZYDUS WELLNESS LTD | 269.07 | 39.01 | 10,495.2 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs MARICO 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 39.01x |
Max industry PE | 202.51x |
Median industry PE | 70.73x |
Average industry PE | 80.08x |
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