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PYRAMID TECHNOPLAST
PE (Price/Earnings) Ratio

The Current P/E Ratio of PYRAMID TECHNOPLAST is 18.90.

Share Price ₹153.1May 03,2024
Market Cap ₹563.4 Cr
Earnings-TTM₹29.8 CrTTM-Standalone Results
Price/Earnings18.90xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PYRAMID TECHNOPLAST

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 PYRAMID TECHNOPLAST is calculated as :

Current Market Cap [ ₹563.4 Cr] as on May 03,2024

(/) Earnings [ ₹29.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 18.90x ]

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

Thus, for PYRAMID TECHNOPLAST , the investors are currently willing to pay 18.90 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 PYRAMID TECHNOPLAST !

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 PYRAMID TECHNOPLAST over the last five years.

Historical PE (Price/Earnings) ratio chart of PYRAMID TECHNOPLAST


PE Ratio Performance Analysis for PYRAMID TECHNOPLAST

- PYRAMID TECHNOPLAST 's latest p/e ratio is 18.90x.

- PYRAMID TECHNOPLAST 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.00x.

- PYRAMID TECHNOPLAST 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, PYRAMID TECHNOPLAST 's p/e ratio peaked in Mar2023 at 0x.

- PYRAMID TECHNOPLAST 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does PYRAMID TECHNOPLAST 's P/E Ratio benchmark against top 10 peers in Packaging Industry?

Peer Comparison (Packaging Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PYRAMID TECHNOPLAST 29.8218.90563.4
AGI GREENPAC LTD282.5917.634,980.7
UFLEX LTD-405.88-8.003,245.2
TCPL PACKAGING LTD96.4920.561,984.2
ARROW GREENTECH LTD32.0726.00833.7
KAIRA CAN COMPANY LTD4.4143.56191.9

Packaging Industry Benchmark (Top 10) PE Analysis vs PYRAMID TECHNOPLAST 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -8.00x
Max industry PE 43.56x
Median industry PE 20.56x
Average industry PE 19.78x



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