SHARAT INDUSTRIES
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The Current P/E Ratio of SHARAT INDUSTRIES is 19.24.
Share Price | ₹47.1 | May 06,2024 |
Market Cap | ₹112.4 Cr | |
Earnings-TTM | ₹5.8 Cr | TTM-Consolidated Results |
Price/Earnings | 19.24x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHARAT INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹112.4 Cr] as on May 06,2024
(/) Earnings [ ₹5.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.24x ]
Thus, for SHARAT INDUSTRIES , the investors are currently willing to pay 19.24 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 SHARAT 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 SHARAT INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SHARAT INDUSTRIES
PE Ratio Performance Analysis for SHARAT INDUSTRIES
- SHARAT INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 29.04x.
- SHARAT INDUSTRIES 's operated at median p/e ratio of 41.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, SHARAT INDUSTRIES 's p/e ratio peaked in Mar2022 at 41.04x.
- SHARAT INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 17.04x.
How does SHARAT INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SHARAT INDUSTRIES | 5.84 | 19.24 | 112.4 |
NESTLE INDIA LTD | 3,196.20 | 74.15 | 236,990.0 |
VARUN BEVERAGES LTD | 2,102.29 | 93.04 | 195,606.0 |
BRITANNIA INDUSTRIES LTD | 2,137.41 | 57.04 | 121,918.0 |
MARICO LTD | 1,502.00 | 45.75 | 68,723.3 |
JUBILANT FOODWORKS LTD | 241.72 | 129.01 | 31,184.3 |
HATSUN AGRO PRODUCT LTD | 267.29 | 88.93 | 23,770.6 |
DEVYANI INTERNATIONAL LTD | 99.17 | 197.99 | 19,635.2 |
BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 71.00 | 13,167.6 |
SAPPHIRE FOODS INDIA LTD | 185.40 | 47.84 | 8,870.1 |
GODREJ AGROVET LTD | 265.68 | 41.08 | 10,913.7 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs SHARAT INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.24x |
Max industry PE | 197.99x |
Median industry PE | 71.00x |
Average industry PE | 78.64x |
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