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STARLINEPS ENTERPRISES
PE (Price/Earnings) Ratio

The Current P/E Ratio of STARLINEPS ENTERPRISES is 232.11.

Share Price ₹116.3Apr 23,2024
Market Cap ₹502.3 Cr
Earnings-TTM₹2.2 CrTTM-Standalone Results
Price/Earnings232.11xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of STARLINEPS ENTERPRISES

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 STARLINEPS ENTERPRISES is calculated as :

Current Market Cap [ ₹502.3 Cr] as on Apr 23,2024

(/) Earnings [ ₹2.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 232.11x ]

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

Thus, for STARLINEPS ENTERPRISES , the investors are currently willing to pay 232.11 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 STARLINEPS ENTERPRISES !

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 STARLINEPS ENTERPRISES over the last five years.

Historical PE (Price/Earnings) ratio chart of STARLINEPS ENTERPRISES


PE Ratio Performance Analysis for STARLINEPS ENTERPRISES

- STARLINEPS ENTERPRISES 's latest p/e ratio is 232.11x.

- STARLINEPS ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 734.46x.

- STARLINEPS ENTERPRISES 's operated at median p/e ratio of 768.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, STARLINEPS ENTERPRISES 's p/e ratio peaked in Mar2022 at 1209.86x.

- STARLINEPS ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does STARLINEPS ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?

Peer Comparison (Diamond & Jewellery Industry)Earnings-TTM (Cr)PE RatioMarket Cap
STARLINEPS ENTERPRISES 2.16232.11502.3
TITAN COMPANY LTD3,460.0093.13322,235.0
KALYAN JEWELLERS INDIA LTD528.5980.7842,700.9
RAJESH EXPORTS LTD733.1111.938,744.1
SENCO GOLD LTD252.2929.337,400.6
THANGAMAYIL JEWELLERY LTD126.0328.993,653.4
PC JEWELLER LTD-810.14-3.112,519.7
GOLDIAM INTERNATIONAL LTD89.3620.771,856.1
DP ABHUSHAN LTD50.1545.682,291.0
ASIAN STAR COMPANY LTD76.1616.591,263.7
RENAISSANCE GLOBAL LTD72.3015.291,105.2

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs STARLINEPS ENTERPRISES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -3.11x
Max industry PE 232.11x
Median industry PE 28.99x
Average industry PE 51.95x



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