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SREELEATHERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SREELEATHERS is 22.58.

Share Price ₹280.3Mar 28,2024
Market Cap ₹650.2 Cr
Earnings-TTM₹28.8 CrTTM-Standalone Results
Price/Earnings22.58xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SREELEATHERS

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 SREELEATHERS is calculated as :

Current Market Cap [ ₹650.2 Cr] as on Mar 28,2024

(/) Earnings [ ₹28.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 22.58x ]

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

Thus, for SREELEATHERS , the investors are currently willing to pay 22.58 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 SREELEATHERS !

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 SREELEATHERS over the last five years.

Historical PE (Price/Earnings) ratio chart of SREELEATHERS


PE Ratio Performance Analysis for SREELEATHERS

- SREELEATHERS 's latest p/e ratio is 22.58x.

- SREELEATHERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.72x.

- SREELEATHERS 's operated at median p/e ratio of 18.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SREELEATHERS 's p/e ratio peaked in Mar2021 at 30.96x.

- SREELEATHERS 's p/e ratio hit its five-year low in Mar2020 of 10.89x.


How does SREELEATHERS 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SREELEATHERS 28.8022.58650.2
ADANI ENTERPRISES LTD3,751.7097.04364,065.0
REDINGTON LTD1,243.1113.0916,276.5
HONASA CONSUMER LTD77.66167.8513,034.6
MMTC LTD49.62200.769,961.5
MSTC LTD239.5624.435,851.3
LLOYDS ENTERPRISES LTD132.2826.593,517.4
VERITAS (INDIA) LTD191.6214.982,869.5
NOVARTIS INDIA LTD95.5326.582,539.6
OPTIEMUS INFRACOM LTD53.2340.652,163.6
MISHTANN FOODS LTD26.0171.831,868.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 13.09x
Max industry PE 200.76x
Median industry PE 26.59x
Average industry PE 64.22x



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