PATANJALI FOODS
|
The Current P/E Ratio of PATANJALI FOODS is 63.96.
Share Price | ₹1,453.3 | May 07,2024 |
Market Cap | ₹52,609.5 Cr | |
Earnings-TTM | ₹822.5 Cr | TTM-Standalone Results |
Price/Earnings | 63.96x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PATANJALI FOODS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹52,609.5 Cr] as on May 07,2024
(/) Earnings [ ₹822.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 63.96x ]
Thus, for PATANJALI FOODS , the investors are currently willing to pay 63.96 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 PATANJALI FOODS !
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 PATANJALI FOODS over the last five years.
Historical PE (Price/Earnings) ratio chart of PATANJALI FOODS
PE Ratio Performance Analysis for PATANJALI FOODS
- PATANJALI FOODS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.19x.
- PATANJALI FOODS 's operated at median p/e ratio of 27.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PATANJALI FOODS 's p/e ratio peaked in Mar2023 at 39.55x.
- PATANJALI FOODS 's p/e ratio hit its five-year low in Mar2020 of 0.66x.
How does PATANJALI FOODS 's P/E Ratio benchmark against top 10 peers in Edible Oil Industry?
Peer Comparison (Edible Oil Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PATANJALI FOODS | 822.54 | 63.96 | 52,609.5 |
ADANI WILMAR LTD | 170.65 | 257.57 | 43,955.1 |
AGRO TECH FOODS LTD | 10.41 | 169.22 | 1,761.5 |
GOKUL AGRO RESOURCES LTD | 129.35 | 16.89 | 2,184.4 |
BCL INDUSTRIES LTD | 96.80 | 15.55 | 1,504.7 |
KRITI NUTRIENTS LTD | 45.29 | 11.42 | 517.3 |
GOKUL REFOILS AND SOLVENT LTD | 5.82 | 68.16 | 397.0 |
MODI NATURALS LTD | -4.95 | -57.52 | 284.9 |
VIJAY SOLVEX LTD | -1.28 | -213.24 | 272.7 |
AJANTA SOYA LTD | 0.97 | 233.51 | 227.4 |
SHRI GANG INDUSTRIES & ALLIED PRODUCTS LTD | 22.08 | 6.12 | 135.2 |
Edible Oil Industry Benchmark (Top 10) PE Analysis vs PATANJALI FOODS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -213.24x |
Max industry PE | 257.57x |
Median industry PE | 16.89x |
Average industry PE | 51.97x |
You may also like the below Video Courses