PRAKASH PIPES
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The Current P/E Ratio of PRAKASH PIPES is 11.83.
| Share Price | ₹411.4 | Jun 05,2025 |
| Market Cap | ₹983.2 Cr | |
| Earnings-TTM | ₹83.1 Cr | TTM-Standalone Results |
| Price/Earnings | 11.83x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PRAKASH PIPES
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)
Current Market Cap [ ₹983.2 Cr] as on Jun 05,2025
(/) Earnings [ ₹83.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 11.83x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for PRAKASH PIPES , the investors are currently willing to pay 11.83 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 PRAKASH PIPES !
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 PRAKASH PIPES over the last five years.
Thus, for PRAKASH PIPES , the investors are currently willing to pay 11.83 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 PRAKASH PIPES !
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 PRAKASH PIPES over the last five years.
Historical PE (Price/Earnings) ratio chart of PRAKASH PIPES
PE Ratio Performance Analysis for PRAKASH PIPES
- PRAKASH PIPES 's latest p/e ratio is 11.83x.
- PRAKASH PIPES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.50x.
- PRAKASH PIPES 's operated at median p/e ratio of 7.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRAKASH PIPES 's p/e ratio peaked in Mar2024 at 9.4x.
- PRAKASH PIPES 's p/e ratio hit its five-year low in Mar2020 of 1.93x.
- PRAKASH PIPES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.50x.
- PRAKASH PIPES 's operated at median p/e ratio of 7.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRAKASH PIPES 's p/e ratio peaked in Mar2024 at 9.4x.
- PRAKASH PIPES 's p/e ratio hit its five-year low in Mar2020 of 1.93x.
How does PRAKASH PIPES '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 |
|---|---|---|---|
| PRAKASH PIPES | 83.10 | 11.83 | 983.2 |
| SUPREME INDUSTRIES LTD | 840.82 | 65.76 | 55,292.9 |
| ASTRAL LTD | 518.90 | 78.18 | 40,569.2 |
| FINOLEX INDUSTRIES LTD | 759.83 | 17.53 | 13,318.5 |
| GARWARE HITECH FILMS LTD | 331.22 | 32.54 | 10,778.9 |
| TIME TECHNOPLAST LTD | 394.44 | 22.55 | 8,895.6 |
| EPL LTD | 361.60 | 21.24 | 7,679.2 |
| SHAILY ENGINEERING PLASTICS LTD | 93.12 | 89.05 | 8,291.9 |
| RESPONSIVE INDUSTRIES LTD | 198.87 | 27.09 | 5,388.2 |
| JAIN IRRIGATION SYSTEMS LTD | 23.81 | 186.56 | 4,442.0 |
| POLYPLEX CORPORATION LTD | 357.72 | 11.49 | 4,109.0 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs PRAKASH PIPES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.49x |
| Max industry PE | 186.56x |
| Median industry PE | 27.09x |
| Average industry PE | 51.26x |
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