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SHRI GANG INDUSTRIES & ALLIED PRODUCTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHRI GANG INDUSTRIES & ALLIED PRODUCTS is 7.33.

Share Price ₹90.4Apr 25,2024
Market Cap ₹161.8 Cr
Earnings-TTM₹22.1 CrTTM-Standalone Results
Price/Earnings7.33xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHRI GANG INDUSTRIES & ALLIED PRODUCTS

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 SHRI GANG INDUSTRIES & ALLIED PRODUCTS is calculated as :

Current Market Cap [ ₹161.8 Cr] as on Apr 25,2024

(/) Earnings [ ₹22.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 7.33x ]

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

Thus, for SHRI GANG INDUSTRIES & ALLIED PRODUCTS , the investors are currently willing to pay 7.33 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 SHRI GANG INDUSTRIES & ALLIED PRODUCTS !

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 SHRI GANG INDUSTRIES & ALLIED PRODUCTS over the last five years.

Historical PE (Price/Earnings) ratio chart of SHRI GANG INDUSTRIES & ALLIED PRODUCTS


PE Ratio Performance Analysis for SHRI GANG INDUSTRIES & ALLIED PRODUCTS

- SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's latest p/e ratio is 7.33x.

- SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.94x.

- SHRI GANG INDUSTRIES & ALLIED PRODUCTS '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, SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's p/e ratio peaked in Mar2023 at 9.18x.

- SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's P/E Ratio benchmark against top 10 peers in Edible Oil Industry?

Peer Comparison (Edible Oil Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHRI GANG INDUSTRIES & ALLIED PRODUCTS 22.087.33161.8
PATANJALI FOODS LTD822.5466.8354,970.7
ADANI WILMAR LTD108.50409.9744,481.5
AGRO TECH FOODS LTD10.41170.461,774.5
GOKUL AGRO RESOURCES LTD129.3513.501,746.2
BCL INDUSTRIES LTD96.8016.881,633.6
KRITI NUTRIENTS LTD42.1713.19556.3
GOKUL REFOILS AND SOLVENT LTD5.8270.07408.1
MODI NATURALS LTD-4.95-59.13292.9
VIJAY SOLVEX LTD-1.28-213.32272.8
AJANTA SOYA LTD0.97244.92238.6

Edible Oil Industry Benchmark (Top 10) PE Analysis vs SHRI GANG INDUSTRIES & ALLIED PRODUCTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -213.32x
Max industry PE 409.97x
Median industry PE 16.88x
Average industry PE 67.34x



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