SAKTHI SUGARS
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The Current P/E Ratio of SAKTHI SUGARS is 1.86.
Share Price | ₹38.4 | Apr 29,2024 |
Market Cap | ₹456.5 Cr | |
Earnings-TTM | ₹244.8 Cr | TTM-Standalone Results |
Price/Earnings | 1.86x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SAKTHI SUGARS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹456.5 Cr] as on Apr 29,2024
(/) Earnings [ ₹244.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 1.86x ]
Thus, for SAKTHI SUGARS , the investors are currently willing to pay 1.86 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 SAKTHI SUGARS !
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 SAKTHI SUGARS over the last five years.
Historical PE (Price/Earnings) ratio chart of SAKTHI SUGARS
PE Ratio Performance Analysis for SAKTHI SUGARS
- SAKTHI SUGARS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.13x.
- SAKTHI SUGARS '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, SAKTHI SUGARS 's p/e ratio peaked in Mar2023 at 0.64x.
- SAKTHI SUGARS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does SAKTHI SUGARS 's P/E Ratio benchmark against top 10 peers in Sugar Industry?
Peer Comparison (Sugar Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SAKTHI SUGARS | 244.82 | 1.86 | 456.5 |
EID PARRY (INDIA) LTD | 1,655.78 | 6.66 | 11,028.3 |
SHREE RENUKA SUGARS LTD | -471.60 | -20.56 | 9,695.3 |
BALRAMPUR CHINI MILLS LTD | 562.03 | 14.42 | 8,104.3 |
TRIVENI ENGINEERING & INDUSTRIES LTD | 424.79 | 19.12 | 8,120.0 |
BAJAJ HINDUSTHAN SUGAR LTD | -46.57 | -99.54 | 4,635.5 |
BANNARI AMMAN SUGARS LTD | 180.39 | 17.93 | 3,234.0 |
DALMIA BHARAT SUGAR AND INDUSTRIES LTD | 303.62 | 10.99 | 3,337.1 |
PICCADILY AGRO INDUSTRIES LTD | 110.37 | 54.32 | 5,995.3 |
DCM SHRIRAM INDUSTRIES LTD | 108.06 | 16.35 | 1,767.3 |
DWARIKESH SUGAR INDUSTRIES LTD | 107.44 | 12.74 | 1,369.0 |
Sugar Industry Benchmark (Top 10) PE Analysis vs SAKTHI SUGARS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -99.54x |
Max industry PE | 54.32x |
Median industry PE | 12.74x |
Average industry PE | 3.12x |
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