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PANASONIC ENERGY INDIA COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of PANASONIC ENERGY INDIA COMPANY is 83.15.

Share Price ₹524.5Apr 24,2024
Market Cap ₹393.4 Cr
Earnings-TTM₹4.7 CrTTM-Standalone Results
Price/Earnings83.15xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PANASONIC ENERGY 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 ENERGY INDIA COMPANY is calculated as :

Current Market Cap [ ₹393.4 Cr] as on Apr 24,2024

(/) Earnings [ ₹4.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 83.15x ]

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

Thus, for PANASONIC ENERGY INDIA COMPANY , the investors are currently willing to pay 83.15 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 ENERGY 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 ENERGY INDIA COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of PANASONIC ENERGY INDIA COMPANY


PE Ratio Performance Analysis for PANASONIC ENERGY INDIA COMPANY

- PANASONIC ENERGY INDIA COMPANY 's latest p/e ratio is 83.15x.

- PANASONIC ENERGY INDIA COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.91x.

- PANASONIC ENERGY INDIA COMPANY 's operated at median p/e ratio of 22.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PANASONIC ENERGY INDIA COMPANY 's p/e ratio peaked in Mar2019 at 32.21x.

- PANASONIC ENERGY INDIA COMPANY 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does PANASONIC ENERGY INDIA COMPANY 's P/E Ratio benchmark against top 10 peers in Batteries Industry?

Peer Comparison (Batteries Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PANASONIC ENERGY INDIA COMPANY 4.7383.15393.4
EXIDE INDUSTRIES LTD877.4643.0737,791.0
AMARA RAJA ENERGY & MOBILITY LTD812.6325.5120,732.2
HBL POWER SYSTEMS LTD232.0655.8312,956.1
EVEREADY INDUSTRIES INDIA LTD44.3258.182,578.6
HIGH ENERGY BATTERIES (INDIA) LTD19.4341.84812.9
INDONATIONAL LTD3.93127.27500.0

Batteries Industry Benchmark (Top 10) PE Analysis vs PANASONIC ENERGY INDIA COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 25.51x
Max industry PE 127.27x
Median industry PE 55.83x
Average industry PE 62.12x



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