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SHEETAL COOL PRODUCTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHEETAL COOL PRODUCTS is 24.33.

Share Price ₹482.9May 14,2024
Market Cap ₹507.0 Cr
Earnings-TTM₹20.8 CrTTM-Standalone Results
Price/Earnings24.33xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHEETAL COOL PRODUCTS

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 SHEETAL COOL PRODUCTS is calculated as :

Current Market Cap [ ₹507.0 Cr] as on May 14,2024

(/) Earnings [ ₹20.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 24.33x ]

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

Thus, for SHEETAL COOL PRODUCTS , the investors are currently willing to pay 24.33 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 SHEETAL COOL PRODUCTS !

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 SHEETAL COOL PRODUCTS over the last five years.

Historical PE (Price/Earnings) ratio chart of SHEETAL COOL PRODUCTS


PE Ratio Performance Analysis for SHEETAL COOL PRODUCTS

- SHEETAL COOL PRODUCTS 's latest p/e ratio is 24.33x.

- SHEETAL COOL PRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 30.25x.

- SHEETAL COOL PRODUCTS 's operated at median p/e ratio of 26.87x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHEETAL COOL PRODUCTS 's p/e ratio peaked in Mar2019 at 62.9x.

- SHEETAL COOL PRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 10.75x.


How does SHEETAL COOL PRODUCTS 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHEETAL COOL PRODUCTS 20.8424.33507.0
NESTLE INDIA LTD3,196.2074.98239,651.0
VARUN BEVERAGES LTD2,211.8487.55193,641.0
BRITANNIA INDUSTRIES LTD2,137.4157.88123,709.0
MARICO LTD1,502.0051.6977,638.5
JUBILANT FOODWORKS LTD241.72129.2431,240.4
HATSUN AGRO PRODUCT LTD267.2984.3722,552.2
DEVYANI INTERNATIONAL LTD-9.65-1,958.7218,905.6
BIKAJI FOODS INTERNATIONAL LTD185.4769.8812,961.0
SAPPHIRE FOODS INDIA LTD51.96169.868,825.2
GODREJ AGROVET LTD307.4134.7410,680.1

Consumer Food Industry Benchmark (Top 10) PE Analysis vs SHEETAL COOL PRODUCTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,958.72x
Max industry PE 169.86x
Median industry PE 69.88x
Average industry PE -106.75x



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