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PREMIER POLYFILM
PE (Price/Earnings) Ratio

The Current P/E Ratio of PREMIER POLYFILM is 22.95.

Share Price ₹201.9Apr 29,2024
Market Cap ₹421.9 Cr
Earnings-TTM₹18.4 CrTTM-Standalone Results
Price/Earnings22.95xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PREMIER POLYFILM

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 PREMIER POLYFILM is calculated as :

Current Market Cap [ ₹421.9 Cr] as on Apr 29,2024

(/) Earnings [ ₹18.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 22.95x ]

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

Thus, for PREMIER POLYFILM , the investors are currently willing to pay 22.95 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 PREMIER POLYFILM !

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 PREMIER POLYFILM over the last five years.

Historical PE (Price/Earnings) ratio chart of PREMIER POLYFILM


PE Ratio Performance Analysis for PREMIER POLYFILM

- PREMIER POLYFILM 's latest p/e ratio is 22.95x.

- PREMIER POLYFILM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.14x.

- PREMIER POLYFILM 's operated at median p/e ratio of 11.03x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PREMIER POLYFILM 's p/e ratio peaked in Mar2022 at 16.19x.

- PREMIER POLYFILM 's p/e ratio hit its five-year low in Mar2020 of 6.66x.


How does PREMIER POLYFILM 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PREMIER POLYFILM 18.3822.95421.9
ASTRAL LTD564.8097.6955,174.6
SUPREME INDUSTRIES LTD962.8665.3562,926.6
FINOLEX INDUSTRIES LTD433.6038.9416,883.2
RESPONSIVE INDUSTRIES LTD138.1357.867,992.9
PRINCE PIPES AND FITTINGS LTD222.0031.927,087.0
EPL LTD276.9020.785,753.1
JAI CORP LTD-9.29-605.085,621.2
TIME TECHNOPLAST LTD286.8421.266,097.6
GARWARE HITECH FILMS LTD188.5522.364,216.2
JAIN IRRIGATION SYSTEMS LTD-43.94-96.314,231.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -605.08x
Max industry PE 97.69x
Median industry PE 22.95x
Average industry PE -29.30x



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