PRIMA PLASTICS
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The Current P/E Ratio of PRIMA PLASTICS is 19.98.
Share Price | ₹161.3 | May 16,2025 |
Market Cap | ₹177.4 Cr | |
Earnings-TTM | ₹8.9 Cr | TTM-Consolidated Results |
Price/Earnings | 19.98x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRIMA PLASTICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹177.4 Cr] as on May 16,2025
(/) Earnings [ ₹8.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.98x ]
Thus, for PRIMA PLASTICS , the investors are currently willing to pay 19.98 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 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 Ratio | Market Cap |
---|---|---|---|
PRIMA PLASTICS | 8.88 | 19.98 | 177.4 |
SUPREME INDUSTRIES LTD | 840.82 | 55.63 | 46,774.5 |
ASTRAL LTD | 522.30 | 69.89 | 36,504.8 |
FINOLEX INDUSTRIES LTD | 770.50 | 15.43 | 11,885.2 |
GARWARE HITECH FILMS LTD | 331.22 | 28.15 | 9,322.8 |
TIME TECHNOPLAST LTD | 376.88 | 21.56 | 8,126.3 |
EPL LTD | 361.60 | 20.73 | 7,495.5 |
SHAILY ENGINEERING PLASTICS LTD | 93.12 | 82.49 | 7,680.9 |
RESPONSIVE INDUSTRIES LTD | 198.87 | 25.02 | 4,976.3 |
JAIN IRRIGATION SYSTEMS LTD | 23.81 | 160.83 | 3,829.4 |
POLYPLEX CORPORATION LTD | 397.74 | 10.14 | 4,034.4 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs PRIMA PLASTICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.14x |
Max industry PE | 160.83x |
Median industry PE | 25.02x |
Average industry PE | 46.35x |
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