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PRIMA PLASTICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRIMA PLASTICS is 20.39.

Share Price ₹164.6May 15,2025
Market Cap ₹181.0 Cr
Earnings-TTM₹8.9 CrTTM-Consolidated Results
Price/Earnings20.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRIMA PLASTICS

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 PRIMA PLASTICS is calculated as :

Current Market Cap [ ₹181.0 Cr] as on May 15,2025

(/) Earnings [ ₹8.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.39x ]

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

Thus, for PRIMA PLASTICS , the investors are currently willing to pay 20.39 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 PRIMA PLASTICS !

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 PRIMA PLASTICS over the last five years.

Historical PE (Price/Earnings) ratio chart of PRIMA PLASTICS


PE Ratio Performance Analysis for PRIMA PLASTICS

- PRIMA PLASTICS 's latest p/e ratio is 20.39x.

- PRIMA PLASTICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.00x.

- PRIMA PLASTICS 's operated at median p/e ratio of 7.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRIMA PLASTICS 's p/e ratio peaked in Mar2022 at 10.45x.

- PRIMA PLASTICS 's p/e ratio hit its five-year low in Mar2020 of 2.78x.


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

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRIMA PLASTICS 8.8820.39181.0
SUPREME INDUSTRIES LTD840.8255.0346,273.4
ASTRAL LTD522.3069.1736,126.0
FINOLEX INDUSTRIES LTD770.5015.3811,848.0
GARWARE HITECH FILMS LTD331.2226.868,895.1
TIME TECHNOPLAST LTD376.8821.638,150.2
EPL LTD361.6020.417,378.8
SHAILY ENGINEERING PLASTICS LTD93.1282.327,665.8
RESPONSIVE INDUSTRIES LTD198.8725.265,022.9
JAIN IRRIGATION SYSTEMS LTD23.81157.733,755.5
POLYPLEX CORPORATION LTD397.749.923,945.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 9.92x
Max industry PE 157.73x
Median industry PE 25.26x
Average industry PE 45.83x



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