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MODI RUBBER
PE (Price/Earnings) Ratio

The Current P/E Ratio of MODI RUBBER is -17.64.

Share Price ₹99.8Apr 19,2024
Market Cap ₹249.5 Cr
Earnings-TTM₹-14.1 CrTTM-Consolidated Results
Price/Earnings-17.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MODI RUBBER

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 MODI RUBBER is calculated as :

Current Market Cap [ ₹249.5 Cr] as on Apr 19,2024

(/) Earnings [ ₹-14.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -17.64x ]

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

Thus, for MODI RUBBER , the investors are currently willing to pay -17.64 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 MODI RUBBER !

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 MODI RUBBER over the last five years.

Historical PE (Price/Earnings) ratio chart of MODI RUBBER


PE Ratio Performance Analysis for MODI RUBBER

- MODI RUBBER 's latest p/e ratio is -17.64x.

- MODI RUBBER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.69x.

- MODI RUBBER 's operated at median p/e ratio of 6.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MODI RUBBER 's p/e ratio peaked in Mar2021 at 50.67x.

- MODI RUBBER 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does MODI RUBBER 's P/E Ratio benchmark against top 10 peers in Miscellaneous Industry?

Peer Comparison (Miscellaneous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MODI RUBBER -14.14-17.64249.5
DELTA CORP LTD222.9214.453,221.3
MALLCOM (INDIA) LTD34.2818.08619.6
INDIABULLS ENTERPRISES LTD-17.55-14.79259.6

Miscellaneous Industry Benchmark (Top 10) PE Analysis vs MODI RUBBER 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -17.64x
Max industry PE 18.08x
Median industry PE 14.45x
Average industry PE 0.02x



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