STANDARD INDUSTRIES
|
The Current P/E Ratio of STANDARD INDUSTRIES is -9.32.
Share Price | ₹22.8 | Apr 18,2024 |
Market Cap | ₹146.6 Cr | |
Earnings-TTM | ₹-15.7 Cr | TTM-Consolidated Results |
Price/Earnings | -9.32x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of STANDARD INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹146.6 Cr] as on Apr 18,2024
(/) Earnings [ ₹-15.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -9.32x ]
Thus, for STANDARD INDUSTRIES , the investors are currently willing to pay -9.32 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 STANDARD 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 STANDARD INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of STANDARD INDUSTRIES
PE Ratio Performance Analysis for STANDARD INDUSTRIES
- STANDARD INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.63x.
- STANDARD INDUSTRIES 's operated at median p/e ratio of 0.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STANDARD INDUSTRIES 's p/e ratio peaked in Mar2021 at 40.02x.
- STANDARD INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does STANDARD INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
STANDARD INDUSTRIES | -15.73 | -9.32 | 146.6 |
ADANI ENTERPRISES LTD | 3,751.70 | 91.77 | 344,280.0 |
REDINGTON LTD | 1,243.11 | 13.90 | 17,281.1 |
HONASA CONSUMER LTD | 77.66 | 159.71 | 12,402.3 |
MMTC LTD | 49.62 | 214.54 | 10,645.5 |
MSTC LTD | 239.56 | 25.30 | 6,061.4 |
LLOYDS ENTERPRISES LTD | 132.28 | 31.71 | 4,194.2 |
VERITAS (INDIA) LTD | 191.62 | 18.99 | 3,638.4 |
NOVARTIS INDIA LTD | 95.53 | 26.63 | 2,543.9 |
OPTIEMUS INFRACOM LTD | 53.23 | 44.33 | 2,359.8 |
MISHTANN FOODS LTD | 26.01 | 80.33 | 2,089.5 |
Trading Industry Benchmark (Top 10) PE Analysis vs STANDARD INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -9.32x |
Max industry PE | 214.54x |
Median industry PE | 31.71x |
Average industry PE | 63.44x |
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