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SHREYAS SHIPPING & LOGISTICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHREYAS SHIPPING & LOGISTICS is -17.75.

Share Price ₹285.2Apr 19,2024
Market Cap ₹627.3 Cr
Earnings-TTM₹-35.4 CrTTM-Consolidated Results
Price/Earnings-17.75xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHREYAS SHIPPING & LOGISTICS

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 SHREYAS SHIPPING & LOGISTICS is calculated as :

Current Market Cap [ ₹627.3 Cr] as on Apr 19,2024

(/) Earnings [ ₹-35.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -17.75x ]

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

Thus, for SHREYAS SHIPPING & LOGISTICS , the investors are currently willing to pay -17.75 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 SHREYAS SHIPPING & LOGISTICS !

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 SHREYAS SHIPPING & LOGISTICS over the last five years.

Historical PE (Price/Earnings) ratio chart of SHREYAS SHIPPING & LOGISTICS


PE Ratio Performance Analysis for SHREYAS SHIPPING & LOGISTICS

- SHREYAS SHIPPING & LOGISTICS 's latest p/e ratio is -17.75x.

- SHREYAS SHIPPING & LOGISTICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.01x.

- SHREYAS SHIPPING & LOGISTICS 's operated at median p/e ratio of 3.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREYAS SHIPPING & LOGISTICS 's p/e ratio peaked in Mar2019 at 14.97x.

- SHREYAS SHIPPING & LOGISTICS 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does SHREYAS SHIPPING & LOGISTICS 's P/E Ratio benchmark against top 10 peers in Shipping Industry?

Peer Comparison (Shipping Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHREYAS SHIPPING & LOGISTICS -35.35-17.75627.3
THE GREAT EASTERN SHIPPING COMPANY LTD2,431.045.9314,413.1
SHIPPING CORPORATION OF INDIA LTD679.0814.359,746.8
SEAMEC LTD63.2142.432,682.1
DREDGING CORPORATION OF INDIA LTD44.9751.182,301.7
ESSAR SHIPPING LTD327.271.98649.3
GLOBAL OFFSHORE SERVICES LTD599.940.19114.3

Shipping Industry Benchmark (Top 10) PE Analysis vs SHREYAS SHIPPING & LOGISTICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -17.75x
Max industry PE 51.18x
Median industry PE 5.93x
Average industry PE 14.05x



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