MEGASTAR FOODS
|
The Current P/E Ratio of MEGASTAR FOODS is 33.61.
| Share Price | ₹280.9 | Apr 18,2024 |
| Market Cap | ₹317.4 Cr | |
| Earnings-TTM | ₹9.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 33.61x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MEGASTAR FOODS
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)
Current Market Cap [ ₹317.4 Cr] as on Apr 18,2024
(/) Earnings [ ₹9.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.61x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for MEGASTAR FOODS , the investors are currently willing to pay 33.61 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 MEGASTAR FOODS !
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 MEGASTAR FOODS over the last five years.
Thus, for MEGASTAR FOODS , the investors are currently willing to pay 33.61 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 MEGASTAR FOODS !
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 MEGASTAR FOODS over the last five years.
Historical PE (Price/Earnings) ratio chart of MEGASTAR FOODS
PE Ratio Performance Analysis for MEGASTAR FOODS
- MEGASTAR FOODS 's latest p/e ratio is 33.61x.
- MEGASTAR FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 19.06x.
- MEGASTAR FOODS 's operated at median p/e ratio of 21.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MEGASTAR FOODS 's p/e ratio peaked in Mar2022 at 24.18x.
- MEGASTAR FOODS 's p/e ratio hit its five-year low in Mar2021 of 6.5x.
- MEGASTAR FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 19.06x.
- MEGASTAR FOODS 's operated at median p/e ratio of 21.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MEGASTAR FOODS 's p/e ratio peaked in Mar2022 at 24.18x.
- MEGASTAR FOODS 's p/e ratio hit its five-year low in Mar2021 of 6.5x.
How does MEGASTAR FOODS '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 |
|---|---|---|---|
| MEGASTAR FOODS | 9.44 | 33.61 | 317.4 |
| NESTLE INDIA LTD | 2,998.67 | 79.18 | 237,448.0 |
| VARUN BEVERAGES LTD | 2,102.29 | 86.37 | 181,572.0 |
| BRITANNIA INDUSTRIES LTD | 2,150.57 | 52.58 | 113,080.0 |
| MARICO LTD | 1,487.00 | 44.14 | 65,630.4 |
| JUBILANT FOODWORKS LTD | 241.72 | 120.67 | 29,168.5 |
| HATSUN AGRO PRODUCT LTD | 240.12 | 92.17 | 22,132.3 |
| DEVYANI INTERNATIONAL LTD | 99.17 | 196.92 | 19,528.9 |
| BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 70.14 | 13,008.6 |
| SAPPHIRE FOODS INDIA LTD | 185.40 | 51.50 | 9,548.3 |
| GODREJ AGROVET LTD | 265.68 | 39.67 | 10,540.8 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs MEGASTAR FOODS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 33.61x |
| Max industry PE | 196.92x |
| Median industry PE | 70.14x |
| Average industry PE | 78.81x |
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