SIGNET INDUSTRIES
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The Current P/E Ratio of SIGNET INDUSTRIES is 13.90.
Share Price | ₹78.1 | Apr 24,2024 |
Market Cap | ₹229.7 Cr | |
Earnings-TTM | ₹16.5 Cr | TTM-Standalone Results |
Price/Earnings | 13.90x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SIGNET INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹229.7 Cr] as on Apr 24,2024
(/) Earnings [ ₹16.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 13.90x ]
Thus, for SIGNET INDUSTRIES , the investors are currently willing to pay 13.90 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 SIGNET 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 SIGNET INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SIGNET INDUSTRIES
PE Ratio Performance Analysis for SIGNET INDUSTRIES
- SIGNET INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.93x.
- SIGNET INDUSTRIES 's operated at median p/e ratio of 7.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SIGNET INDUSTRIES 's p/e ratio peaked in Mar2022 at 13.57x.
- SIGNET INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 4.02x.
How does SIGNET INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SIGNET INDUSTRIES | 16.53 | 13.90 | 229.7 |
ADANI ENTERPRISES LTD | 3,751.70 | 92.46 | 346,885.0 |
REDINGTON LTD | 1,243.11 | 13.86 | 17,230.3 |
HONASA CONSUMER LTD | 77.66 | 178.25 | 13,842.0 |
MMTC LTD | 49.62 | 227.87 | 11,307.0 |
MSTC LTD | 239.56 | 25.80 | 6,180.8 |
LLOYDS ENTERPRISES LTD | 132.28 | 34.72 | 4,592.4 |
VERITAS (INDIA) LTD | 191.62 | 20.55 | 3,938.0 |
NOVARTIS INDIA LTD | 95.53 | 26.52 | 2,533.8 |
OPTIEMUS INFRACOM LTD | 53.23 | 45.51 | 2,422.5 |
MISHTANN FOODS LTD | 26.01 | 76.61 | 1,992.8 |
Trading Industry Benchmark (Top 10) PE Analysis vs SIGNET INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.86x |
Max industry PE | 227.87x |
Median industry PE | 34.72x |
Average industry PE | 68.73x |
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