ORICON ENTERPRISES
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The Current P/E Ratio of ORICON ENTERPRISES is 30.74.
| Share Price | ₹37.4 | May 08,2024 |
| Market Cap | ₹587.5 Cr | |
| Earnings-TTM | ₹19.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 30.74x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ORICON ENTERPRISES
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 [ ₹587.5 Cr] as on May 08,2024
(/) Earnings [ ₹19.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.74x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for ORICON ENTERPRISES , the investors are currently willing to pay 30.74 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 ORICON ENTERPRISES !
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 ORICON ENTERPRISES over the last five years.
Thus, for ORICON ENTERPRISES , the investors are currently willing to pay 30.74 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 ORICON ENTERPRISES !
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 ORICON ENTERPRISES over the last five years.
Historical PE (Price/Earnings) ratio chart of ORICON ENTERPRISES
PE Ratio Performance Analysis for ORICON ENTERPRISES
- ORICON ENTERPRISES 's latest p/e ratio is 30.74x.
- ORICON ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.15x.
- ORICON ENTERPRISES 's operated at median p/e ratio of 6.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ORICON ENTERPRISES 's p/e ratio peaked in Mar2023 at 17.65x.
- ORICON ENTERPRISES 's p/e ratio hit its five-year low in Mar2021 of 0x.
- ORICON ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.15x.
- ORICON ENTERPRISES 's operated at median p/e ratio of 6.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ORICON ENTERPRISES 's p/e ratio peaked in Mar2023 at 17.65x.
- ORICON ENTERPRISES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does ORICON ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Petrochemicals Industry?
| Peer Comparison (Petrochemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ORICON ENTERPRISES | 19.11 | 30.74 | 587.5 |
| RAIN INDUSTRIES LTD | 53.06 | 105.61 | 5,603.5 |
| AGARWAL INDUSTRIAL CORPORATION LTD | 99.51 | 12.34 | 1,228.0 |
| VIKAS LIFECARE LTD | -11.38 | -78.93 | 897.8 |
| TAMILNADU PETROPRODUCTS LTD | 48.98 | 15.36 | 752.3 |
| KOTHARI PETROCHEMICALS LTD | 61.77 | 12.20 | 753.5 |
| MULTIBASE INDIA LTD | 12.17 | 30.31 | 368.8 |
Petrochemicals Industry Benchmark (Top 10) PE Analysis vs ORICON ENTERPRISES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -78.93x |
| Max industry PE | 105.61x |
| Median industry PE | 15.36x |
| Average industry PE | 18.23x |
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