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SKM EGG PRODUCTS EXPORT (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of SKM EGG PRODUCTS EXPORT (INDIA) is 6.81.

Share Price ₹268.4May 13,2024
Market Cap ₹705.8 Cr
Earnings-TTM₹103.6 CrTTM-Consolidated Results
Price/Earnings6.81xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SKM EGG PRODUCTS EXPORT (INDIA)

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 SKM EGG PRODUCTS EXPORT (INDIA) is calculated as :

Current Market Cap [ ₹705.8 Cr] as on May 13,2024

(/) Earnings [ ₹103.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 6.81x ]

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

Thus, for SKM EGG PRODUCTS EXPORT (INDIA) , the investors are currently willing to pay 6.81 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 SKM EGG PRODUCTS EXPORT (INDIA) !

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 SKM EGG PRODUCTS EXPORT (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of SKM EGG PRODUCTS EXPORT (INDIA)


PE Ratio Performance Analysis for SKM EGG PRODUCTS EXPORT (INDIA)

- SKM EGG PRODUCTS EXPORT (INDIA) 's latest p/e ratio is 6.81x.

- SKM EGG PRODUCTS EXPORT (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.73x.

- SKM EGG PRODUCTS EXPORT (INDIA) 's operated at median p/e ratio of 17.33x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SKM EGG PRODUCTS EXPORT (INDIA) 's p/e ratio peaked in Mar2019 at 27.42x.

- SKM EGG PRODUCTS EXPORT (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 4.5x.


How does SKM EGG PRODUCTS EXPORT (INDIA) 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SKM EGG PRODUCTS EXPORT (INDIA) 103.596.81705.8
NESTLE INDIA LTD3,196.2075.88242,543.0
VARUN BEVERAGES LTD2,102.2991.34192,026.0
BRITANNIA INDUSTRIES LTD2,137.4157.88123,703.0
MARICO LTD1,502.0051.1576,824.4
JUBILANT FOODWORKS LTD241.72128.9331,164.5
HATSUN AGRO PRODUCT LTD267.2984.2822,526.5
DEVYANI INTERNATIONAL LTD99.17188.9918,742.7
BIKAJI FOODS INTERNATIONAL LTD185.4770.6613,105.0
SAPPHIRE FOODS INDIA LTD51.96168.558,757.3
GODREJ AGROVET LTD307.4134.6910,663.7

Consumer Food Industry Benchmark (Top 10) PE Analysis vs SKM EGG PRODUCTS EXPORT (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 6.81x
Max industry PE 188.99x
Median industry PE 75.88x
Average industry PE 87.20x



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