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PARSVNATH DEVELOPERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PARSVNATH DEVELOPERS is -0.93.

Share Price ₹15.1Apr 24,2024
Market Cap ₹656.7 Cr
Earnings-TTM₹-705.8 CrTTM-Consolidated Results
Price/Earnings-0.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PARSVNATH DEVELOPERS

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 PARSVNATH DEVELOPERS is calculated as :

Current Market Cap [ ₹656.7 Cr] as on Apr 24,2024

(/) Earnings [ ₹-705.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -0.93x ]

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

Thus, for PARSVNATH DEVELOPERS , the investors are currently willing to pay -0.93 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 PARSVNATH DEVELOPERS !

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 PARSVNATH DEVELOPERS over the last five years.

Historical PE (Price/Earnings) ratio chart of PARSVNATH DEVELOPERS


PE Ratio Performance Analysis for PARSVNATH DEVELOPERS

- PARSVNATH DEVELOPERS 's latest p/e ratio is -0.93x.

- PARSVNATH DEVELOPERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- PARSVNATH DEVELOPERS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PARSVNATH DEVELOPERS 's p/e ratio peaked in Mar2023 at 0x.

- PARSVNATH DEVELOPERS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does PARSVNATH DEVELOPERS 's P/E Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PARSVNATH DEVELOPERS -705.83-0.93656.7
DLF LTD1,285.14172.15221,231.0
MACROTECH DEVELOPERS LTD1,648.5675.51124,477.0
GODREJ PROPERTIES LTD640.95110.6470,915.9
OBEROI REALTY LTD1,552.7434.2153,118.6
THE PHOENIX MILLS LTD1,230.7246.2656,935.3
PRESTIGE ESTATES PROJECTS LTD1,903.1027.6052,532.9
BRIGADE ENTERPRISES LTD253.2792.7623,493.6
NBCC (INDIA) LTD386.5761.7923,886.0
SIGNATUREGLOBAL (INDIA) LTD-69.83-243.8617,027.8
SOBHA LTD90.69180.2716,348.1

Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs PARSVNATH DEVELOPERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -243.86x
Max industry PE 180.27x
Median industry PE 61.79x
Average industry PE 50.58x



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