PANAMA PETROCHEM
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The Current P/E Ratio of PANAMA PETROCHEM is 10.91.
| Share Price | ₹333.5 | Apr 25,2024 |
| Market Cap | ₹2,017.7 Cr | |
| Earnings-TTM | ₹185.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 10.91x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PANAMA PETROCHEM
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 [ ₹2,017.7 Cr] as on Apr 25,2024
(/) Earnings [ ₹185.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.91x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for PANAMA PETROCHEM , the investors are currently willing to pay 10.91 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 PANAMA PETROCHEM !
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 PANAMA PETROCHEM over the last five years.
Thus, for PANAMA PETROCHEM , the investors are currently willing to pay 10.91 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 PANAMA PETROCHEM !
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 PANAMA PETROCHEM over the last five years.
Historical PE (Price/Earnings) ratio chart of PANAMA PETROCHEM
PE Ratio Performance Analysis for PANAMA PETROCHEM
- PANAMA PETROCHEM 's latest p/e ratio is 10.91x.
- PANAMA PETROCHEM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.50x.
- PANAMA PETROCHEM 's operated at median p/e ratio of 6.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PANAMA PETROCHEM 's p/e ratio peaked in Mar2019 at 15.15x.
- PANAMA PETROCHEM 's p/e ratio hit its five-year low in Mar2020 of 6.32x.
- PANAMA PETROCHEM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.50x.
- PANAMA PETROCHEM 's operated at median p/e ratio of 6.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PANAMA PETROCHEM 's p/e ratio peaked in Mar2019 at 15.15x.
- PANAMA PETROCHEM 's p/e ratio hit its five-year low in Mar2020 of 6.32x.
How does PANAMA PETROCHEM 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?
| Peer Comparison (Lubricants Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| PANAMA PETROCHEM | 184.98 | 10.91 | 2,017.7 |
| CASTROL INDIA LTD | 864.13 | 24.20 | 20,910.1 |
| GULF OIL LUBRICANTS INDIA LTD | 283.50 | 18.08 | 5,124.6 |
| SAVITA OIL TECHNOLOGIES LTD | 206.38 | 19.12 | 3,946.0 |
| TIDE WATER OIL COMPANY (INDIA) LTD | 123.53 | 24.16 | 2,985.1 |
| GP PETROLEUMS LTD | 24.58 | 13.93 | 342.4 |
Lubricants Industry Benchmark (Top 10) PE Analysis vs PANAMA PETROCHEM 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.91x |
| Max industry PE | 24.20x |
| Median industry PE | 19.12x |
| Average industry PE | 18.40x |
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