POLYPLEX CORPORATION
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The Current P/E Ratio of POLYPLEX CORPORATION is 35.72.
Share Price | ₹856.4 | Apr 16,2024 |
Market Cap | ₹2,689.1 Cr | |
Earnings-TTM | ₹75.3 Cr | TTM-Consolidated Results |
Price/Earnings | 35.72x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of POLYPLEX CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,689.1 Cr] as on Apr 16,2024
(/) Earnings [ ₹75.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.72x ]
Thus, for POLYPLEX CORPORATION , the investors are currently willing to pay 35.72 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 POLYPLEX CORPORATION !
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 POLYPLEX CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of POLYPLEX CORPORATION
PE Ratio Performance Analysis for POLYPLEX CORPORATION
- POLYPLEX CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.48x.
- POLYPLEX CORPORATION 's operated at median p/e ratio of 5.28x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POLYPLEX CORPORATION 's p/e ratio peaked in Mar2022 at 13.39x.
- POLYPLEX CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 3.4x.
How does POLYPLEX CORPORATION 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
POLYPLEX CORPORATION | 75.28 | 35.72 | 2,689.1 |
ASTRAL LTD | 564.80 | 94.48 | 53,360.1 |
SUPREME INDUSTRIES LTD | 959.05 | 54.17 | 51,954.6 |
FINOLEX INDUSTRIES LTD | 433.60 | 35.78 | 15,515.0 |
RESPONSIVE INDUSTRIES LTD | 138.13 | 55.26 | 7,633.0 |
PRINCE PIPES AND FITTINGS LTD | 222.00 | 30.12 | 6,686.7 |
EPL LTD | 276.90 | 20.68 | 5,727.6 |
JAI CORP LTD | -9.29 | -560.61 | 5,208.1 |
TIME TECHNOPLAST LTD | 286.84 | 20.59 | 5,907.0 |
GARWARE HITECH FILMS LTD | 188.55 | 21.37 | 4,029.1 |
JAIN IRRIGATION SYSTEMS LTD | -43.94 | -86.63 | 3,806.6 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs POLYPLEX CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -560.61x |
Max industry PE | 94.48x |
Median industry PE | 30.12x |
Average industry PE | -25.37x |
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