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SHREE RAMA NEWSPRINT
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHREE RAMA NEWSPRINT is -13.44.

Share Price ₹21.6Apr 26,2024
Market Cap ₹318.5 Cr
Earnings-TTM₹-23.7 CrTTM-Standalone Results
Price/Earnings-13.44xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHREE RAMA NEWSPRINT

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 SHREE RAMA NEWSPRINT is calculated as :

Current Market Cap [ ₹318.5 Cr] as on Apr 26,2024

(/) Earnings [ ₹-23.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -13.44x ]

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

Thus, for SHREE RAMA NEWSPRINT , the investors are currently willing to pay -13.44 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 SHREE RAMA NEWSPRINT !

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 SHREE RAMA NEWSPRINT over the last five years.

Historical PE (Price/Earnings) ratio chart of SHREE RAMA NEWSPRINT


PE Ratio Performance Analysis for SHREE RAMA NEWSPRINT

- SHREE RAMA NEWSPRINT 's latest p/e ratio is -13.44x.

- SHREE RAMA NEWSPRINT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 19.09x.

- SHREE RAMA NEWSPRINT '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, SHREE RAMA NEWSPRINT 's p/e ratio peaked in Mar2023 at 87.04x.

- SHREE RAMA NEWSPRINT 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does SHREE RAMA NEWSPRINT 's P/E Ratio benchmark against top 10 peers in Paper & Paper Products Industry?

Peer Comparison (Paper & Paper Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHREE RAMA NEWSPRINT -23.70-13.44318.5
JK PAPER LTD1,138.125.756,540.6
WEST COAST PAPER MILLS LTD976.624.284,177.9
SESHASAYEE PAPER AND BOARDS LTD320.586.872,202.0
ANDHRA PAPER LTD455.224.612,098.7
TAMIL NADU NEWSPRINT & PAPERS LTD277.996.771,882.9
KUANTUM PAPERS LTD214.996.541,405.4
PAKKA LTD47.1522.861,077.7
SATIA INDUSTRIES LTD218.025.511,201.5
ORIENT PAPER & INDUSTRIES LTD62.6016.931,060.1
NR AGARWAL INDUSTRIES LTD129.686.35824.1

Paper & Paper Products Industry Benchmark (Top 10) PE Analysis vs SHREE RAMA NEWSPRINT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -13.44x
Max industry PE 22.86x
Median industry PE 6.35x
Average industry PE 6.64x



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