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PG ELECTROPLAST
PE (Price/Earnings) Ratio

The Current P/E Ratio of PG ELECTROPLAST is 49.97.

Share Price ₹2,029.4Apr 23,2024
Market Cap ₹5,276.3 Cr
Earnings-TTM₹105.6 CrTTM-Consolidated Results
Price/Earnings49.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PG ELECTROPLAST

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 PG ELECTROPLAST is calculated as :

Current Market Cap [ ₹5,276.3 Cr] as on Apr 23,2024

(/) Earnings [ ₹105.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 49.97x ]

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

Thus, for PG ELECTROPLAST , the investors are currently willing to pay 49.97 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 PG ELECTROPLAST !

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 PG ELECTROPLAST over the last five years.

Historical PE (Price/Earnings) ratio chart of PG ELECTROPLAST


PE Ratio Performance Analysis for PG ELECTROPLAST

- PG ELECTROPLAST 's latest p/e ratio is 49.97x.

- PG ELECTROPLAST 's p/e ratio for fiscal years ending Mar2023 to Mar2012 averaged 29.88x.

- PG ELECTROPLAST 's operated at median p/e ratio of 39.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PG ELECTROPLAST 's p/e ratio peaked in Mar2021 at 68.77x.

- PG ELECTROPLAST 's p/e ratio hit its five-year low in Mar2013 of 0x.


How does PG ELECTROPLAST 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?

Peer Comparison (Consumer Durables - Domestic Appliances Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PG ELECTROPLAST 105.5949.975,276.3
CROMPTON GREAVES CONSUMER ELECTRICALS LTD439.9045.0019,794.8
WHIRLPOOL OF INDIA LTD208.5695.2519,864.3
BAJAJ ELECTRICALS LTD158.4268.7310,888.7
TTK PRESTIGE LTD225.9242.899,689.1
EUREKA FORBES LTD94.85103.099,778.4
SYMPHONY LTD116.0056.886,598.2
IFB INDUSTRIES LTD50.52125.276,328.8
BOROSIL LTD89.5345.324,057.9
ORIENT ELECTRIC LTD87.0953.434,653.5
HAWKINS COOKERS LTD98.5133.923,341.2

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs PG ELECTROPLAST 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.92x
Max industry PE 125.27x
Median industry PE 53.43x
Average industry PE 65.43x



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