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RIDDHI SIDDHI GLUCO BIOLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RIDDHI SIDDHI GLUCO BIOLS is 9.68.

Share Price ₹524.6Apr 23,2024
Market Cap ₹372.4 Cr
Earnings-TTM₹38.5 CrTTM-Consolidated Results
Price/Earnings9.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RIDDHI SIDDHI GLUCO BIOLS

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 RIDDHI SIDDHI GLUCO BIOLS is calculated as :

Current Market Cap [ ₹372.4 Cr] as on Apr 23,2024

(/) Earnings [ ₹38.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.68x ]

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

Thus, for RIDDHI SIDDHI GLUCO BIOLS , the investors are currently willing to pay 9.68 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 RIDDHI SIDDHI GLUCO BIOLS !

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 RIDDHI SIDDHI GLUCO BIOLS over the last five years.

Historical PE (Price/Earnings) ratio chart of RIDDHI SIDDHI GLUCO BIOLS


PE Ratio Performance Analysis for RIDDHI SIDDHI GLUCO BIOLS

- RIDDHI SIDDHI GLUCO BIOLS 's latest p/e ratio is 9.68x.

- RIDDHI SIDDHI GLUCO BIOLS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.27x.

- RIDDHI SIDDHI GLUCO BIOLS 's operated at median p/e ratio of 4.32x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RIDDHI SIDDHI GLUCO BIOLS 's p/e ratio peaked in Mar2022 at 17.19x.

- RIDDHI SIDDHI GLUCO BIOLS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does RIDDHI SIDDHI GLUCO BIOLS 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RIDDHI SIDDHI GLUCO BIOLS 38.489.68372.4
ADANI ENTERPRISES LTD3,751.7093.08349,211.0
REDINGTON LTD1,243.1113.7117,038.8
HONASA CONSUMER LTD77.66183.1714,224.6
MMTC LTD49.62226.4511,236.5
MSTC LTD239.5625.516,111.8
LLOYDS ENTERPRISES LTD132.2833.554,437.2
VERITAS (INDIA) LTD191.6220.153,860.8
NOVARTIS INDIA LTD95.5326.482,529.5
OPTIEMUS INFRACOM LTD53.2344.612,374.4
MISHTANN FOODS LTD26.0176.982,002.3

Trading Industry Benchmark (Top 10) PE Analysis vs RIDDHI SIDDHI GLUCO BIOLS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.68x
Max industry PE 226.45x
Median industry PE 33.55x
Average industry PE 68.49x



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