SOMI CONVEYOR BELTINGS
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The Current P/E Ratio of SOMI CONVEYOR BELTINGS is 37.68.
Share Price | ₹148.5 | Apr 26,2024 |
Market Cap | ₹175.2 Cr | |
Earnings-TTM | ₹4.7 Cr | TTM-Standalone Results |
Price/Earnings | 37.68x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SOMI CONVEYOR BELTINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹175.2 Cr] as on Apr 26,2024
(/) Earnings [ ₹4.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 37.68x ]
Thus, for SOMI CONVEYOR BELTINGS , the investors are currently willing to pay 37.68 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 SOMI CONVEYOR BELTINGS !
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 SOMI CONVEYOR BELTINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of SOMI CONVEYOR BELTINGS
PE Ratio Performance Analysis for SOMI CONVEYOR BELTINGS
- SOMI CONVEYOR BELTINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.97x.
- SOMI CONVEYOR BELTINGS 's operated at median p/e ratio of 18.74x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SOMI CONVEYOR BELTINGS 's p/e ratio peaked in Mar2022 at 22.76x.
- SOMI CONVEYOR BELTINGS 's p/e ratio hit its five-year low in Mar2020 of 5.1x.
How does SOMI CONVEYOR BELTINGS 's P/E Ratio benchmark against top 10 peers in Rubber Products Industry?
Peer Comparison (Rubber Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SOMI CONVEYOR BELTINGS | 4.65 | 37.68 | 175.2 |
APCOTEX INDUSTRIES LTD | 61.77 | 37.51 | 2,317.0 |
PIX TRANSMISSIONS LTD | 77.66 | 24.40 | 1,894.8 |
GRP LTD | 13.72 | 64.02 | 878.2 |
RUBFILA INTERNATIONAL LTD | 24.20 | 16.61 | 402.0 |
INDAG RUBBER LTD | 20.00 | 19.51 | 390.2 |
CAPTAIN PIPES LTD | 4.18 | 74.01 | 309.0 |
DOLFIN RUBBERS LTD | 4.25 | 50.86 | 216.2 |
Rubber Products Industry Benchmark (Top 10) PE Analysis vs SOMI CONVEYOR BELTINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.61x |
Max industry PE | 74.01x |
Median industry PE | 37.68x |
Average industry PE | 40.57x |
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