RESPONSIVE INDUSTRIES
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The Current P/E Ratio of RESPONSIVE INDUSTRIES is 55.05.
Share Price | ₹285.3 | Apr 19,2024 |
Market Cap | ₹7,604.8 Cr | |
Earnings-TTM | ₹138.1 Cr | TTM-Consolidated Results |
Price/Earnings | 55.05x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RESPONSIVE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,604.8 Cr] as on Apr 19,2024
(/) Earnings [ ₹138.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 55.05x ]
Thus, for RESPONSIVE INDUSTRIES , the investors are currently willing to pay 55.05 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 RESPONSIVE INDUSTRIES !
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 RESPONSIVE INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of RESPONSIVE INDUSTRIES
PE Ratio Performance Analysis for RESPONSIVE INDUSTRIES
- RESPONSIVE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 83.42x.
- RESPONSIVE INDUSTRIES 's operated at median p/e ratio of 88.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RESPONSIVE INDUSTRIES 's p/e ratio peaked in Mar2023 at 135.78x.
- RESPONSIVE INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does RESPONSIVE INDUSTRIES '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 |
---|---|---|---|
RESPONSIVE INDUSTRIES | 138.13 | 55.05 | 7,604.8 |
ASTRAL LTD | 564.80 | 92.46 | 52,222.4 |
SUPREME INDUSTRIES LTD | 959.05 | 53.88 | 51,672.0 |
FINOLEX INDUSTRIES LTD | 433.60 | 36.06 | 15,636.0 |
PRINCE PIPES AND FITTINGS LTD | 222.00 | 30.52 | 6,774.6 |
EPL LTD | 276.90 | 20.40 | 5,648.0 |
JAI CORP LTD | -9.29 | -565.51 | 5,253.6 |
TIME TECHNOPLAST LTD | 286.84 | 20.92 | 6,000.0 |
GARWARE HITECH FILMS LTD | 188.55 | 20.83 | 3,926.6 |
JAIN IRRIGATION SYSTEMS LTD | -43.94 | -86.37 | 3,795.2 |
MOLDTEK PACKAGING LTD | 71.61 | 39.65 | 2,839.2 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs RESPONSIVE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -565.51x |
Max industry PE | 92.46x |
Median industry PE | 30.52x |
Average industry PE | -25.65x |
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