PREVEST DENPRO
|
The Current P/E Ratio of PREVEST DENPRO is 29.06.
Share Price | ₹401.2 | May 02,2024 |
Market Cap | ₹481.4 Cr | |
Earnings-TTM | ₹16.6 Cr | TTM-Standalone Results |
Price/Earnings | 29.06x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PREVEST DENPRO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹481.4 Cr] as on May 02,2024
(/) Earnings [ ₹16.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.06x ]
Thus, for PREVEST DENPRO , the investors are currently willing to pay 29.06 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 PREVEST DENPRO !
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 PREVEST DENPRO over the last five years.
Historical PE (Price/Earnings) ratio chart of PREVEST DENPRO
PE Ratio Performance Analysis for PREVEST DENPRO
- PREVEST DENPRO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.74x.
- PREVEST DENPRO 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PREVEST DENPRO 's p/e ratio peaked in Mar2022 at 37.45x.
- PREVEST DENPRO 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does PREVEST DENPRO 's P/E Ratio benchmark against top 10 peers in Medical Equipment/Supplies/Accessories Industry?
Peer Comparison (Medical Equipment/Supplies/Accessories Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PREVEST DENPRO | 16.57 | 29.06 | 481.4 |
POLY MEDICURE LTD | 245.83 | 64.02 | 15,737.9 |
NURECA LTD | 0.82 | 351.65 | 289.1 |
Medical Equipment/Supplies/Accessories Industry Benchmark (Top 10) PE Analysis vs PREVEST DENPRO 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 29.06x |
Max industry PE | 351.65x |
Median industry PE | 64.02x |
Average industry PE | 148.24x |
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