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SHREYANS INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHREYANS INDUSTRIES is 3.57.

Share Price ₹250.0Apr 30,2024
Market Cap ₹345.0 Cr
Earnings-TTM₹96.6 CrTTM-Standalone Results
Price/Earnings3.57xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHREYANS 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 SHREYANS INDUSTRIES is calculated as :

Current Market Cap [ ₹345.0 Cr] as on Apr 30,2024

(/) Earnings [ ₹96.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 3.57x ]

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

Thus, for SHREYANS INDUSTRIES , the investors are currently willing to pay 3.57 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 SHREYANS 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 SHREYANS INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SHREYANS INDUSTRIES


PE Ratio Performance Analysis for SHREYANS INDUSTRIES

- SHREYANS INDUSTRIES 's latest p/e ratio is 3.57x.

- SHREYANS INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.46x.

- SHREYANS INDUSTRIES 's operated at median p/e ratio of 4.42x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREYANS INDUSTRIES 's p/e ratio peaked in Mar2022 at 16.5x.

- SHREYANS INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 2.68x.


How does SHREYANS INDUSTRIES '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
SHREYANS INDUSTRIES 96.653.57345.0
JK PAPER LTD1,138.125.706,489.8
WEST COAST PAPER MILLS LTD976.624.514,403.8
SESHASAYEE PAPER AND BOARDS LTD257.888.192,112.2
ANDHRA PAPER LTD455.224.642,110.8
TAMIL NADU NEWSPRINT & PAPERS LTD277.996.841,902.3
KUANTUM PAPERS LTD214.997.141,534.1
PAKKA LTD47.1523.161,091.8
SATIA INDUSTRIES LTD218.025.441,187.0
ORIENT PAPER & INDUSTRIES LTD62.6017.661,105.7
NR AGARWAL INDUSTRIES LTD129.686.28814.7

Paper & Paper Products Industry Benchmark (Top 10) PE Analysis vs SHREYANS INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 3.57x
Max industry PE 23.16x
Median industry PE 6.28x
Average industry PE 8.47x



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