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PRESTIGE ESTATES PROJECTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRESTIGE ESTATES PROJECTS is 32.59.

Share Price ₹1,547.3May 08,2024
Market Cap ₹62,031.3 Cr
Earnings-TTM₹1,903.1 CrTTM-Consolidated Results
Price/Earnings32.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRESTIGE ESTATES PROJECTS

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 PRESTIGE ESTATES PROJECTS is calculated as :

Current Market Cap [ ₹62,031.3 Cr] as on May 08,2024

(/) Earnings [ ₹1,903.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.59x ]

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

Thus, for PRESTIGE ESTATES PROJECTS , the investors are currently willing to pay 32.59 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 PRESTIGE ESTATES PROJECTS !

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 PRESTIGE ESTATES PROJECTS over the last five years.

Historical PE (Price/Earnings) ratio chart of PRESTIGE ESTATES PROJECTS


PE Ratio Performance Analysis for PRESTIGE ESTATES PROJECTS

- PRESTIGE ESTATES PROJECTS 's latest p/e ratio is 32.59x.

- PRESTIGE ESTATES PROJECTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.64x.

- PRESTIGE ESTATES PROJECTS 's operated at median p/e ratio of 17.15x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRESTIGE ESTATES PROJECTS 's p/e ratio peaked in Mar2019 at 22.7x.

- PRESTIGE ESTATES PROJECTS 's p/e ratio hit its five-year low in Mar2021 of 4.4x.


How does PRESTIGE ESTATES PROJECTS 's P/E Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRESTIGE ESTATES PROJECTS 1,903.1032.5962,031.3
DLF LTD1,285.14164.19211,008.0
MACROTECH DEVELOPERS LTD1,567.1070.58110,607.0
GODREJ PROPERTIES LTD719.32108.7678,229.8
OBEROI REALTY LTD1,552.7435.1054,500.3
THE PHOENIX MILLS LTD1,230.7242.6052,428.8
BRIGADE ENTERPRISES LTD253.27101.3325,663.6
NBCC (INDIA) LTD386.5763.2624,453.0
SIGNATUREGLOBAL (INDIA) LTD-69.83-250.5817,496.4
SOBHA LTD90.69190.1817,246.3
VALOR ESTATE LTD1,277.698.6010,989.7

Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs PRESTIGE ESTATES PROJECTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -250.58x
Max industry PE 190.18x
Median industry PE 63.26x
Average industry PE 51.51x



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