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MMP INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MMP INDUSTRIES is 32.94.

Share Price ₹298.6Apr 24,2024
Market Cap ₹758.4 Cr
Earnings-TTM₹23.0 CrTTM-Consolidated Results
Price/Earnings32.94xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MMP INDUSTRIES

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 MMP INDUSTRIES is calculated as :

Current Market Cap [ ₹758.4 Cr] as on Apr 24,2024

(/) Earnings [ ₹23.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.94x ]

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

Thus, for MMP INDUSTRIES , the investors are currently willing to pay 32.94 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 MMP INDUSTRIES !

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 MMP INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of MMP INDUSTRIES


PE Ratio Performance Analysis for MMP INDUSTRIES

- MMP INDUSTRIES 's latest p/e ratio is 32.94x.

- MMP INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.07x.

- MMP INDUSTRIES 's operated at median p/e ratio of 12.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MMP INDUSTRIES 's p/e ratio peaked in Mar2022 at 17.3x.

- MMP INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 8.01x.


How does MMP INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?

Peer Comparison (Aluminium & Aluminium Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MMP INDUSTRIES 23.0232.94758.4
NATIONAL ALUMINIUM COMPANY LTD1,566.0022.0434,510.3
HARDWYN INDIA LTD8.01134.201,075.3
ARFIN INDIA LTD8.63101.63877.4
MAAN ALUMINIUM LTD39.9320.58821.8
PG FOILS LTD9.5522.69216.7
MANAKSIA ALUMINIUM COMPANY LTD6.9824.89173.7
CENTURY EXTRUSIONS LTD6.7822.55152.9

Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs MMP INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.58x
Max industry PE 134.20x
Median industry PE 24.89x
Average industry PE 47.69x



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