SHREYAS SHIPPING & LOGISTICS
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The Current P/E Ratio of SHREYAS SHIPPING & LOGISTICS is -17.75.
Share Price | ₹285.2 | Apr 19,2024 |
Market Cap | ₹627.3 Cr | |
Earnings-TTM | ₹-35.4 Cr | TTM-Consolidated Results |
Price/Earnings | -17.75x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHREYAS SHIPPING & LOGISTICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SHREYAS SHIPPING & LOGISTICS | -35.35 | -17.75 | 627.3 |
THE GREAT EASTERN SHIPPING COMPANY LTD | 2,431.04 | 5.93 | 14,413.1 |
SHIPPING CORPORATION OF INDIA LTD | 679.08 | 14.35 | 9,746.8 |
SEAMEC LTD | 63.21 | 42.43 | 2,682.1 |
DREDGING CORPORATION OF INDIA LTD | 44.97 | 51.18 | 2,301.7 |
ESSAR SHIPPING LTD | 327.27 | 1.98 | 649.3 |
GLOBAL OFFSHORE SERVICES LTD | 599.94 | 0.19 | 114.3 |
Shipping Industry Benchmark (Top 10) PE Analysis vs SHREYAS SHIPPING & LOGISTICS 's P/E Ratio
Top 10 Industry Peers | PE 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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