Home > PE Ratio > SYRMA SGS TECHNOLOGY

SYRMA SGS TECHNOLOGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of SYRMA SGS TECHNOLOGY is 69.15.

Share Price ₹475.0Apr 26,2024
Market Cap ₹8,435.1 Cr
Earnings-TTM₹122.0 CrTTM-Consolidated Results
Price/Earnings69.15xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for SYRMA SGS TECHNOLOGY
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of SYRMA SGS TECHNOLOGY

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 SYRMA SGS TECHNOLOGY is calculated as :

Current Market Cap [ ₹8,435.1 Cr] as on Apr 26,2024

(/) Earnings [ ₹122.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 69.15x ]

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

Thus, for SYRMA SGS TECHNOLOGY , the investors are currently willing to pay 69.15 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 SYRMA SGS TECHNOLOGY !

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 SYRMA SGS TECHNOLOGY over the last five years.

Historical PE (Price/Earnings) ratio chart of SYRMA SGS TECHNOLOGY


PE Ratio Performance Analysis for SYRMA SGS TECHNOLOGY

- SYRMA SGS TECHNOLOGY 's latest p/e ratio is 69.15x.

- SYRMA SGS TECHNOLOGY 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 9.73x.

- SYRMA SGS TECHNOLOGY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, SYRMA SGS TECHNOLOGY 's p/e ratio peaked in Mar2023 at 38.91x.

- SYRMA SGS TECHNOLOGY 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does SYRMA SGS TECHNOLOGY 's P/E Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SYRMA SGS TECHNOLOGY 121.9969.158,435.1
KAYNES TECHNOLOGY INDIA LTD143.43121.4517,420.2
AVALON TECHNOLOGIES LTD43.6378.363,419.4
DCX SYSTEMS LTD83.9543.033,612.3
APOLLO MICRO SYSTEMS LTD25.39122.073,098.9
IKIO LIGHTING LTD68.9033.752,325.0
CENTUM ELECTRONICS LTD28.6992.402,651.0
WEBSOL ENERGY SYSTEM LTD-71.83-39.712,852.1
SWELECT ENERGY SYSTEMS LTD33.7365.652,214.3
KERNEX MICROSYSTEMS (INDIA) LTD-17.52-51.40900.4
ICE MAKE REFRIGERATION LTD20.5039.67813.4

Electronics - Components Industry Benchmark (Top 10) PE Analysis vs SYRMA SGS TECHNOLOGY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -51.40x
Max industry PE 122.07x
Median industry PE 65.65x
Average industry PE 52.22x



You may also like the below Video Courses