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RAJSHREE POLYPACK
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAJSHREE POLYPACK is 28.07.

Share Price ₹75.2May 10,2024
Market Cap ₹257.9 Cr
Earnings-TTM₹9.2 CrTTM-Consolidated Results
Price/Earnings28.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAJSHREE POLYPACK

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 RAJSHREE POLYPACK is calculated as :

Current Market Cap [ ₹257.9 Cr] as on May 10,2024

(/) Earnings [ ₹9.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.07x ]

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

Thus, for RAJSHREE POLYPACK , the investors are currently willing to pay 28.07 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 RAJSHREE POLYPACK !

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 RAJSHREE POLYPACK over the last five years.

Historical PE (Price/Earnings) ratio chart of RAJSHREE POLYPACK


PE Ratio Performance Analysis for RAJSHREE POLYPACK

- RAJSHREE POLYPACK 's latest p/e ratio is 28.07x.

- RAJSHREE POLYPACK 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 18.51x.

- RAJSHREE POLYPACK 's operated at median p/e ratio of 21.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, RAJSHREE POLYPACK 's p/e ratio peaked in Mar2022 at 21.94x.

- RAJSHREE POLYPACK 's p/e ratio hit its five-year low in Mar2023 of 15.08x.


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

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RAJSHREE POLYPACK 9.1928.07257.9
ASTRAL LTD564.80102.7158,012.7
SUPREME INDUSTRIES LTD962.8669.5867,000.3
FINOLEX INDUSTRIES LTD435.3738.9716,966.9
RESPONSIVE INDUSTRIES LTD138.1355.747,699.7
PRINCE PIPES AND FITTINGS LTD222.0031.807,060.4
EPL LTD276.9021.906,063.5
JAI CORP LTD-9.29-562.625,226.8
TIME TECHNOPLAST LTD286.8420.946,006.8
GARWARE HITECH FILMS LTD188.5520.033,777.4
JAIN IRRIGATION SYSTEMS LTD-43.94-104.254,580.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -562.62x
Max industry PE 102.71x
Median industry PE 28.07x
Average industry PE -25.19x



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