POKARNA
|
The Current P/E Ratio of POKARNA is 17.61.
Share Price | ₹468.9 | Apr 16,2024 |
Market Cap | ₹1,453.6 Cr | |
Earnings-TTM | ₹82.5 Cr | TTM-Consolidated Results |
Price/Earnings | 17.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of POKARNA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,453.6 Cr] as on Apr 16,2024
(/) Earnings [ ₹82.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.61x ]
Thus, for POKARNA , the investors are currently willing to pay 17.61 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 POKARNA !
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 POKARNA over the last five years.
Historical PE (Price/Earnings) ratio chart of POKARNA
PE Ratio Performance Analysis for POKARNA
- POKARNA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.71x.
- POKARNA 's operated at median p/e ratio of 11.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POKARNA 's p/e ratio peaked in Mar2022 at 29.46x.
- POKARNA 's p/e ratio hit its five-year low in Mar2020 of 2.16x.
How does POKARNA 's P/E Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
POKARNA | 82.54 | 17.61 | 1,453.6 |
KAJARIA CERAMICS LTD | 439.16 | 44.49 | 19,540.2 |
CERA SANITARYWARE LTD | 228.78 | 40.83 | 9,341.0 |
SOMANY CERAMICS LTD | 89.90 | 27.45 | 2,467.6 |
GLOBAL SURFACES LTD | 14.70 | 62.83 | 923.5 |
ASIAN GRANITO INDIA LTD | -62.62 | -12.11 | 758.1 |
ORIENT BELL LTD | 1.57 | 336.54 | 528.4 |
NITCO LTD | -151.70 | -2.76 | 418.6 |
EXXARO TILES LTD | 2.15 | 203.80 | 438.8 |
MURUDESHWAR CERAMICS LTD | 6.66 | 45.00 | 299.6 |
ASI INDUSTRIES LTD | 23.05 | 10.53 | 242.6 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs POKARNA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -12.11x |
Max industry PE | 336.54x |
Median industry PE | 40.83x |
Average industry PE | 70.38x |
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