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SHARAT INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHARAT INDUSTRIES is 19.24.

Share Price ₹47.1May 06,2024
Market Cap ₹112.4 Cr
Earnings-TTM₹5.8 CrTTM-Consolidated Results
Price/Earnings19.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHARAT INDUSTRIES

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 SHARAT INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 19.24x.

- 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 RatioMarket Cap
SHARAT INDUSTRIES 5.8419.24112.4
NESTLE INDIA LTD3,196.2074.15236,990.0
VARUN BEVERAGES LTD2,102.2993.04195,606.0
BRITANNIA INDUSTRIES LTD2,137.4157.04121,918.0
MARICO LTD1,502.0045.7568,723.3
JUBILANT FOODWORKS LTD241.72129.0131,184.3
HATSUN AGRO PRODUCT LTD267.2988.9323,770.6
DEVYANI INTERNATIONAL LTD99.17197.9919,635.2
BIKAJI FOODS INTERNATIONAL LTD185.4771.0013,167.6
SAPPHIRE FOODS INDIA LTD185.4047.848,870.1
GODREJ AGROVET LTD265.6841.0810,913.7

Consumer Food Industry Benchmark (Top 10) PE Analysis vs SHARAT INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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