PANASONIC CARBON INDIA COMPANY
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The Current P/E Ratio of PANASONIC CARBON INDIA COMPANY is 15.23.
Share Price | ₹507.6 | Apr 19,2024 |
Market Cap | ₹243.6 Cr | |
Earnings-TTM | ₹16.0 Cr | TTM-Standalone Results |
Price/Earnings | 15.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PANASONIC CARBON INDIA COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹243.6 Cr] as on Apr 19,2024
(/) Earnings [ ₹16.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.23x ]
Thus, for PANASONIC CARBON INDIA COMPANY , the investors are currently willing to pay 15.23 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 PANASONIC CARBON INDIA COMPANY !
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 PANASONIC CARBON INDIA COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of PANASONIC CARBON INDIA COMPANY
PE Ratio Performance Analysis for PANASONIC CARBON INDIA COMPANY
- PANASONIC CARBON INDIA COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.45x.
- PANASONIC CARBON INDIA COMPANY 's operated at median p/e ratio of 12.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PANASONIC CARBON INDIA COMPANY 's p/e ratio peaked in Mar2019 at 13.93x.
- PANASONIC CARBON INDIA COMPANY 's p/e ratio hit its five-year low in Mar2020 of 7.75x.
How does PANASONIC CARBON INDIA COMPANY 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
Peer Comparison (Electrodes & Welding Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PANASONIC CARBON INDIA COMPANY | 16.00 | 15.23 | 243.6 |
GRAPHITE INDIA LTD | 818.00 | 16.09 | 13,161.5 |
ESAB INDIA LTD | 160.60 | 48.14 | 7,731.3 |
HEG LTD | 284.34 | 33.38 | 9,491.4 |
ADOR WELDING LTD | 67.07 | 28.94 | 1,940.9 |
DE NORA INDIA LTD | 25.67 | 33.22 | 852.6 |
ADOR FONTECH LTD | 22.07 | 22.49 | 496.3 |
GEE LTD | 9.64 | 37.58 | 362.3 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs PANASONIC CARBON INDIA COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.23x |
Max industry PE | 48.14x |
Median industry PE | 33.22x |
Average industry PE | 29.38x |
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