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SIGNET INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SIGNET INDUSTRIES is 13.90.

Share Price ₹78.1Apr 24,2024
Market Cap ₹229.7 Cr
Earnings-TTM₹16.5 CrTTM-Standalone Results
Price/Earnings13.90xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SIGNET 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 SIGNET INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 13.90x.

- 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 RatioMarket Cap
SIGNET INDUSTRIES 16.5313.90229.7
ADANI ENTERPRISES LTD3,751.7092.46346,885.0
REDINGTON LTD1,243.1113.8617,230.3
HONASA CONSUMER LTD77.66178.2513,842.0
MMTC LTD49.62227.8711,307.0
MSTC LTD239.5625.806,180.8
LLOYDS ENTERPRISES LTD132.2834.724,592.4
VERITAS (INDIA) LTD191.6220.553,938.0
NOVARTIS INDIA LTD95.5326.522,533.8
OPTIEMUS INFRACOM LTD53.2345.512,422.5
MISHTANN FOODS LTD26.0176.611,992.8

Trading Industry Benchmark (Top 10) PE Analysis vs SIGNET INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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