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SHREE RENUKA SUGARS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHREE RENUKA SUGARS is -19.48.

Share Price ₹43.2May 06,2024
Market Cap ₹9,186.6 Cr
Earnings-TTM₹-471.6 CrTTM-Consolidated Results
Price/Earnings-19.48xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHREE RENUKA SUGARS

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 RENUKA SUGARS is calculated as :

Current Market Cap [ ₹9,186.6 Cr] as on May 06,2024

(/) Earnings [ ₹-471.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -19.48x ]

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

Thus, for SHREE RENUKA SUGARS , the investors are currently willing to pay -19.48 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 RENUKA 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 SHREE RENUKA SUGARS over the last five years.

Historical PE (Price/Earnings) ratio chart of SHREE RENUKA SUGARS


PE Ratio Performance Analysis for SHREE RENUKA SUGARS

- SHREE RENUKA SUGARS 's latest p/e ratio is -19.48x.

- SHREE RENUKA SUGARS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.09x.

- SHREE RENUKA 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, SHREE RENUKA SUGARS 's p/e ratio peaked in Mar2020 at 0.44x.

- SHREE RENUKA SUGARS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does SHREE RENUKA SUGARS 's P/E Ratio benchmark against top 10 peers in Sugar Industry?

Peer Comparison (Sugar Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHREE RENUKA SUGARS -471.60-19.489,186.6
EID PARRY (INDIA) LTD1,655.786.5710,880.0
BALRAMPUR CHINI MILLS LTD562.0313.837,774.4
TRIVENI ENGINEERING & INDUSTRIES LTD424.7917.947,620.9
BAJAJ HINDUSTHAN SUGAR LTD-46.57-93.454,352.0
BANNARI AMMAN SUGARS LTD180.3917.773,204.9
DALMIA BHARAT SUGAR AND INDUSTRIES LTD303.6210.413,159.5
PICCADILY AGRO INDUSTRIES LTD110.3766.027,286.3
DCM SHRIRAM INDUSTRIES LTD108.0616.191,749.0
DWARIKESH SUGAR INDUSTRIES LTD83.5815.811,321.0
DHAMPUR SUGAR MILLS LTD134.5210.941,471.9

Sugar Industry Benchmark (Top 10) PE Analysis vs SHREE RENUKA SUGARS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -93.45x
Max industry PE 66.02x
Median industry PE 13.83x
Average industry PE 5.69x



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