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PANASONIC CARBON INDIA COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of PANASONIC CARBON INDIA COMPANY is 15.23.

Share Price ₹507.6Apr 19,2024
Market Cap ₹243.6 Cr
Earnings-TTM₹16.0 CrTTM-Standalone Results
Price/Earnings15.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PANASONIC CARBON INDIA COMPANY

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 PANASONIC CARBON INDIA COMPANY is calculated as :

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 ]

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

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 latest p/e ratio is 15.23x.

- 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 RatioMarket Cap
PANASONIC CARBON INDIA COMPANY 16.0015.23243.6
GRAPHITE INDIA LTD818.0016.0913,161.5
ESAB INDIA LTD160.6048.147,731.3
HEG LTD284.3433.389,491.4
ADOR WELDING LTD67.0728.941,940.9
DE NORA INDIA LTD25.6733.22852.6
ADOR FONTECH LTD22.0722.49496.3
GEE LTD9.6437.58362.3

Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs PANASONIC CARBON INDIA COMPANY 's P/E Ratio

Top 10 Industry PeersPE 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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