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SYNERGY GREEN INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SYNERGY GREEN INDUSTRIES is 45.26.

Share Price ₹376.9Apr 26,2024
Market Cap ₹531.4 Cr
Earnings-TTM₹11.7 CrTTM-Standalone Results
Price/Earnings45.26xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SYNERGY GREEN 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 SYNERGY GREEN INDUSTRIES is calculated as :

Current Market Cap [ ₹531.4 Cr] as on Apr 26,2024

(/) Earnings [ ₹11.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 45.26x ]

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

Thus, for SYNERGY GREEN INDUSTRIES , the investors are currently willing to pay 45.26 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 SYNERGY GREEN 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 SYNERGY GREEN INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SYNERGY GREEN INDUSTRIES


PE Ratio Performance Analysis for SYNERGY GREEN INDUSTRIES

- SYNERGY GREEN INDUSTRIES 's latest p/e ratio is 45.26x.

- SYNERGY GREEN INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 95.36x.

- SYNERGY GREEN INDUSTRIES 's operated at median p/e ratio of 44.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SYNERGY GREEN INDUSTRIES 's p/e ratio peaked in Mar2023 at 197.57x.

- SYNERGY GREEN INDUSTRIES 's p/e ratio hit its five-year low in Mar2019 of 26.6x.


How does SYNERGY GREEN INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SYNERGY GREEN INDUSTRIES 11.7445.26531.4
AIA ENGINEERING LTD1,143.4232.2236,843.4
PTC INDUSTRIES LTD36.70302.0511,085.7
ELECTROSTEEL CASTINGS LTD602.5019.8111,937.1
KIRLOSKAR FERROUS INDUSTRIES LTD374.4922.588,457.1
ALICON CASTALLOY LTD50.4529.811,503.6
STEELCAST LTD75.8417.651,338.4
NELCAST LTD53.8324.571,322.4
UNI ABEX ALLOY PRODUCTS LTD38.6014.04542.0
NITIN CASTINGS LTD10.5131.67332.8
INVESTMENT & PRECISION CASTINGS LTD9.9833.39333.4

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs SYNERGY GREEN INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 14.04x
Max industry PE 302.05x
Median industry PE 29.81x
Average industry PE 52.10x



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