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POLYPLEX CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of POLYPLEX CORPORATION is 9.72.

Share Price ₹1,231.4Apr 25,2025
Market Cap ₹3,866.4 Cr
Earnings-TTM₹397.7 CrTTM-Consolidated Results
Price/Earnings9.72xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of POLYPLEX CORPORATION

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 POLYPLEX CORPORATION is calculated as :

Current Market Cap [ ₹3,866.4 Cr] as on Apr 25,2025

(/) Earnings [ ₹397.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.72x ]

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

Thus, for POLYPLEX CORPORATION , the investors are currently willing to pay 9.72 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 latest p/e ratio is 9.72x.

- POLYPLEX CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.19x.

- POLYPLEX CORPORATION 's operated at median p/e ratio of 10.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POLYPLEX CORPORATION 's p/e ratio peaked in Mar2024 at 63.6x.

- 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 RatioMarket Cap
POLYPLEX CORPORATION 397.749.723,866.4
SUPREME INDUSTRIES LTD840.8252.5144,150.7
ASTRAL LTD522.3069.0736,073.6
FINOLEX INDUSTRIES LTD770.5013.8410,666.0
GARWARE HITECH FILMS LTD311.2324.767,706.4
TIME TECHNOPLAST LTD376.8821.217,992.4
EPL LTD264.3023.446,194.8
SHAILY ENGINEERING PLASTICS LTD83.8788.007,380.2
RESPONSIVE INDUSTRIES LTD190.4926.034,957.6
JAIN IRRIGATION SYSTEMS LTD33.51109.143,657.4
KINGFA SCIENCE & TECHNOLOGY (INDIA) LTD144.5124.813,584.8

Plastic Products Industry Benchmark (Top 10) PE Analysis vs POLYPLEX CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.72x
Max industry PE 109.14x
Median industry PE 24.81x
Average industry PE 42.05x



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