MMP INDUSTRIES
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The Current P/E Ratio of MMP INDUSTRIES is 32.94.
Share Price | ₹298.6 | Apr 24,2024 |
Market Cap | ₹758.4 Cr | |
Earnings-TTM | ₹23.0 Cr | TTM-Consolidated Results |
Price/Earnings | 32.94x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MMP INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MMP INDUSTRIES | 23.02 | 32.94 | 758.4 |
NATIONAL ALUMINIUM COMPANY LTD | 1,566.00 | 22.04 | 34,510.3 |
HARDWYN INDIA LTD | 8.01 | 134.20 | 1,075.3 |
ARFIN INDIA LTD | 8.63 | 101.63 | 877.4 |
MAAN ALUMINIUM LTD | 39.93 | 20.58 | 821.8 |
PG FOILS LTD | 9.55 | 22.69 | 216.7 |
MANAKSIA ALUMINIUM COMPANY LTD | 6.98 | 24.89 | 173.7 |
CENTURY EXTRUSIONS LTD | 6.78 | 22.55 | 152.9 |
Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs MMP INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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