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QMS MEDICAL ALLIED SERVICES
PE (Price/Earnings) Ratio

The Current P/E Ratio of QMS MEDICAL ALLIED SERVICES is 20.83.

Share Price ₹116.0May 15,2024
Market Cap ₹207.6 Cr
Earnings-TTM₹10.0 CrTTM-Standalone Results
Price/Earnings20.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of QMS MEDICAL ALLIED SERVICES

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 QMS MEDICAL ALLIED SERVICES is calculated as :

Current Market Cap [ ₹207.6 Cr] as on May 15,2024

(/) Earnings [ ₹10.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 20.83x ]

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

Thus, for QMS MEDICAL ALLIED SERVICES , the investors are currently willing to pay 20.83 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 QMS MEDICAL ALLIED SERVICES !

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 QMS MEDICAL ALLIED SERVICES over the last five years.

Historical PE (Price/Earnings) ratio chart of QMS MEDICAL ALLIED SERVICES


PE Ratio Performance Analysis for QMS MEDICAL ALLIED SERVICES

- QMS MEDICAL ALLIED SERVICES 's latest p/e ratio is 20.83x.

- QMS MEDICAL ALLIED SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.32x.

- QMS MEDICAL ALLIED SERVICES '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, QMS MEDICAL ALLIED SERVICES 's p/e ratio peaked in Mar2023 at 36.58x.

- QMS MEDICAL ALLIED SERVICES 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does QMS MEDICAL ALLIED SERVICES 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
QMS MEDICAL ALLIED SERVICES 9.9720.83207.6
ADANI ENTERPRISES LTD3,293.18105.67347,997.0
REDINGTON LTD1,243.1113.5216,812.1
HONASA CONSUMER LTD77.66173.8813,503.2
MMTC LTD49.62220.1610,924.5
MSTC LTD239.5626.096,249.4
LLOYDS ENTERPRISES LTD174.8024.034,200.6
VERITAS (INDIA) LTD191.6218.473,538.4
NOVARTIS INDIA LTD85.1930.622,608.7
OPTIEMUS INFRACOM LTD53.2343.532,317.3
MISHTANN FOODS LTD26.0174.241,931.1

Trading Industry Benchmark (Top 10) PE Analysis vs QMS MEDICAL ALLIED SERVICES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.52x
Max industry PE 220.16x
Median industry PE 30.62x
Average industry PE 68.28x



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