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PONNI SUGARS (ERODE)
PE (Price/Earnings) Ratio

The Current P/E Ratio of PONNI SUGARS (ERODE) is 8.57.

Share Price ₹399.7Mar 18,2024
Market Cap ₹343.7 Cr
Earnings-TTM₹40.1 CrTTM-Standalone Results
Price/Earnings8.57xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PONNI SUGARS (ERODE)

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 PONNI SUGARS (ERODE) is calculated as :

Current Market Cap [ ₹343.7 Cr] as on Mar 18,2024

(/) Earnings [ ₹40.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 8.57x ]

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

Thus, for PONNI SUGARS (ERODE) , the investors are currently willing to pay 8.57 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 PONNI SUGARS (ERODE) !

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 PONNI SUGARS (ERODE) over the last five years.

Historical PE (Price/Earnings) ratio chart of PONNI SUGARS (ERODE)


PE Ratio Performance Analysis for PONNI SUGARS (ERODE)

- PONNI SUGARS (ERODE) 's latest p/e ratio is 8.57x.

- PONNI SUGARS (ERODE) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.64x.

- PONNI SUGARS (ERODE) 's operated at median p/e ratio of 6.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PONNI SUGARS (ERODE) 's p/e ratio peaked in Mar2019 at 13.82x.

- PONNI SUGARS (ERODE) 's p/e ratio hit its five-year low in Mar2020 of 3.75x.


How does PONNI SUGARS (ERODE) 's P/E Ratio benchmark against top 10 peers in Sugar Industry?

Peer Comparison (Sugar Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PONNI SUGARS (ERODE) 40.138.57343.7
SHREE RENUKA SUGARS LTD-471.60-19.008,960.9
EID PARRY (INDIA) LTD1,655.786.0510,014.7
BALRAMPUR CHINI MILLS LTD562.0312.977,289.2
TRIVENI ENGINEERING & INDUSTRIES LTD424.7916.687,083.5
BANNARI AMMAN SUGARS LTD180.3916.502,975.8
DALMIA BHARAT SUGAR AND INDUSTRIES LTD243.3111.992,916.2
BAJAJ HINDUSTHAN SUGAR LTD-46.57-81.793,809.1
DWARIKESH SUGAR INDUSTRIES LTD107.4414.091,513.4
DHAMPUR SUGAR MILLS LTD143.359.981,431.0
THE UGAR SUGAR WORKS LTD68.4511.62795.3

Sugar Industry Benchmark (Top 10) PE Analysis vs PONNI SUGARS (ERODE) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -81.79x
Max industry PE 16.68x
Median industry PE 11.62x
Average industry PE 0.69x



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