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STANDARD INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of STANDARD INDUSTRIES is -9.32.

Share Price ₹22.8Apr 18,2024
Market Cap ₹146.6 Cr
Earnings-TTM₹-15.7 CrTTM-Consolidated Results
Price/Earnings-9.32xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of STANDARD 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 STANDARD INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is -9.32x.

- 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 RatioMarket Cap
STANDARD INDUSTRIES -15.73-9.32146.6
ADANI ENTERPRISES LTD3,751.7091.77344,280.0
REDINGTON LTD1,243.1113.9017,281.1
HONASA CONSUMER LTD77.66159.7112,402.3
MMTC LTD49.62214.5410,645.5
MSTC LTD239.5625.306,061.4
LLOYDS ENTERPRISES LTD132.2831.714,194.2
VERITAS (INDIA) LTD191.6218.993,638.4
NOVARTIS INDIA LTD95.5326.632,543.9
OPTIEMUS INFRACOM LTD53.2344.332,359.8
MISHTANN FOODS LTD26.0180.332,089.5

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

Top 10 Industry PeersPE 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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