MISHTANN FOODS
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The Current P/E Ratio of MISHTANN FOODS is 76.61.
| Share Price | ₹18.8 | Apr 24,2024 |
| Market Cap | ₹1,992.8 Cr | |
| Earnings-TTM | ₹26.0 Cr | TTM-Standalone Results |
| Price/Earnings | 76.61x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MISHTANN 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 [ ₹1,992.8 Cr] as on Apr 24,2024
(/) Earnings [ ₹26.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 76.61x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for MISHTANN FOODS , the investors are currently willing to pay 76.61 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 MISHTANN 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 MISHTANN FOODS over the last five years.
Thus, for MISHTANN FOODS , the investors are currently willing to pay 76.61 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 MISHTANN 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 MISHTANN FOODS over the last five years.
Historical PE (Price/Earnings) ratio chart of MISHTANN FOODS
PE Ratio Performance Analysis for MISHTANN FOODS
- MISHTANN FOODS 's latest p/e ratio is 76.61x.
- MISHTANN FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 860.58x.
- MISHTANN FOODS 's operated at median p/e ratio of 134.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MISHTANN FOODS 's p/e ratio peaked in Mar2020 at 3970.4x.
- MISHTANN FOODS 's p/e ratio hit its five-year low in Mar2023 of 15.48x.
- MISHTANN FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 860.58x.
- MISHTANN FOODS 's operated at median p/e ratio of 134.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MISHTANN FOODS 's p/e ratio peaked in Mar2020 at 3970.4x.
- MISHTANN FOODS 's p/e ratio hit its five-year low in Mar2023 of 15.48x.
How does MISHTANN FOODS 's P/E Ratio benchmark against top 10 peers in Trading Industry?
| Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| MISHTANN FOODS | 26.01 | 76.61 | 1,992.8 |
| ADANI ENTERPRISES LTD | 3,751.70 | 92.46 | 346,885.0 |
| REDINGTON LTD | 1,243.11 | 13.86 | 17,230.3 |
| HONASA CONSUMER LTD | 77.66 | 178.25 | 13,842.0 |
| MMTC LTD | 49.62 | 227.87 | 11,307.0 |
| MSTC LTD | 239.56 | 25.80 | 6,180.8 |
| LLOYDS ENTERPRISES LTD | 132.28 | 34.72 | 4,592.4 |
| VERITAS (INDIA) LTD | 191.62 | 20.55 | 3,938.0 |
| NOVARTIS INDIA LTD | 95.53 | 26.52 | 2,533.8 |
| OPTIEMUS INFRACOM LTD | 53.23 | 45.51 | 2,422.5 |
| SIRCA PAINTS INDIA LTD | 48.41 | 36.20 | 1,752.5 |
Trading Industry Benchmark (Top 10) PE Analysis vs MISHTANN FOODS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 13.86x |
| Max industry PE | 227.87x |
| Median industry PE | 36.20x |
| Average industry PE | 70.76x |
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