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THE STATE TRADING CORPORATION OF INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of THE STATE TRADING CORPORATION OF INDIA is 18.29.

Share Price ₹134.6Apr 19,2024
Market Cap ₹807.6 Cr
Earnings-TTM₹44.2 CrTTM-Consolidated Results
Price/Earnings18.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THE STATE TRADING CORPORATION OF INDIA

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 THE STATE TRADING CORPORATION OF INDIA is calculated as :

Current Market Cap [ ₹807.6 Cr] as on Apr 19,2024

(/) Earnings [ ₹44.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.29x ]

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

Thus, for THE STATE TRADING CORPORATION OF INDIA , the investors are currently willing to pay 18.29 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 THE STATE TRADING CORPORATION OF INDIA !

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 THE STATE TRADING CORPORATION OF INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of THE STATE TRADING CORPORATION OF INDIA


PE Ratio Performance Analysis for THE STATE TRADING CORPORATION OF INDIA

- THE STATE TRADING CORPORATION OF INDIA 's latest p/e ratio is 18.29x.

- THE STATE TRADING CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.57x.

- THE STATE TRADING CORPORATION OF INDIA 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE STATE TRADING CORPORATION OF INDIA 's p/e ratio peaked in Mar2023 at 7.83x.

- THE STATE TRADING CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does THE STATE TRADING CORPORATION OF INDIA 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
THE STATE TRADING CORPORATION OF INDIA 44.1518.29807.6
ADANI ENTERPRISES LTD3,751.7091.94344,930.0
REDINGTON LTD1,243.1113.7717,116.9
HONASA CONSUMER LTD77.66161.0612,507.7
MMTC LTD49.62214.4810,642.5
MSTC LTD239.5625.025,993.5
LLOYDS ENTERPRISES LTD132.2830.434,025.0
VERITAS (INDIA) LTD191.6219.373,711.0
NOVARTIS INDIA LTD95.5326.132,496.1
OPTIEMUS INFRACOM LTD53.2343.862,334.5
MISHTANN FOODS LTD26.0178.372,038.5

Trading Industry Benchmark (Top 10) PE Analysis vs THE STATE TRADING CORPORATION OF INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.77x
Max industry PE 214.48x
Median industry PE 30.43x
Average industry PE 65.70x



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