Home > PE Ratio > OVOBEL FOODS

OVOBEL FOODS
PE (Price/Earnings) Ratio

The Current P/E Ratio of OVOBEL FOODS is 6.39.

Share Price ₹231.0Apr 23,2024
Market Cap ₹219.5 Cr
Earnings-TTM₹34.3 CrTTM-Standalone Results
Price/Earnings6.39xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for OVOBEL FOODS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of OVOBEL 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)

Applying the above formula, P/E ratio of OVOBEL FOODS is calculated as :

Current Market Cap [ ₹219.5 Cr] as on Apr 23,2024

(/) Earnings [ ₹34.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 6.39x ]

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

Thus, for OVOBEL FOODS , the investors are currently willing to pay 6.39 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 OVOBEL 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 OVOBEL FOODS over the last five years.

Historical PE (Price/Earnings) ratio chart of OVOBEL FOODS


PE Ratio Performance Analysis for OVOBEL FOODS

- OVOBEL FOODS 's latest p/e ratio is 6.39x.

- OVOBEL FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 261.12x.

- OVOBEL FOODS 's operated at median p/e ratio of 3.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OVOBEL FOODS 's p/e ratio peaked in Mar2022 at 1293.3x.

- OVOBEL FOODS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does OVOBEL FOODS 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
OVOBEL FOODS 34.356.39219.5
NESTLE INDIA LTD2,998.6780.37240,996.0
VARUN BEVERAGES LTD2,102.2988.45185,945.0
BRITANNIA INDUSTRIES LTD2,150.5753.75115,590.0
MARICO LTD1,487.0044.3966,005.7
JUBILANT FOODWORKS LTD241.72120.6929,171.8
HATSUN AGRO PRODUCT LTD267.2992.9024,829.8
DEVYANI INTERNATIONAL LTD99.17202.2020,053.4
BIKAJI FOODS INTERNATIONAL LTD185.4770.3213,041.2
SAPPHIRE FOODS INDIA LTD185.4048.559,001.8
GODREJ AGROVET LTD265.6839.5310,502.4

Consumer Food Industry Benchmark (Top 10) PE Analysis vs OVOBEL FOODS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 6.39x
Max industry PE 202.20x
Median industry PE 70.32x
Average industry PE 77.05x



You may also like the below Video Courses