UNITED SPIRITS
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The Current P/E Ratio of UNITED SPIRITS is 68.34.
Share Price | ₹1,193.6 | Apr 25,2024 |
Market Cap | ₹86,822.5 Cr | |
Earnings-TTM | ₹1,270.4 Cr | TTM-Consolidated Results |
Price/Earnings | 68.34x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of UNITED SPIRITS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹86,822.5 Cr] as on Apr 25,2024
(/) Earnings [ ₹1,270.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 68.34x ]
Thus, for UNITED SPIRITS , the investors are currently willing to pay 68.34 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 UNITED SPIRITS !
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 UNITED SPIRITS over the last five years.
Historical PE (Price/Earnings) ratio chart of UNITED SPIRITS
PE Ratio Performance Analysis for UNITED SPIRITS
- UNITED SPIRITS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 68.50x.
- UNITED SPIRITS 's operated at median p/e ratio of 57.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, UNITED SPIRITS 's p/e ratio peaked in Mar2021 at 105.38x.
- UNITED SPIRITS 's p/e ratio hit its five-year low in Mar2023 of 48.42x.
How does UNITED SPIRITS 's P/E Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?
Peer Comparison (Breweries & Distilleries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
UNITED SPIRITS | 1,270.40 | 68.34 | 86,822.5 |
UNITED BREWERIES LTD | 339.18 | 157.63 | 53,465.4 |
RADICO KHAITAN LTD | 236.17 | 98.07 | 23,160.8 |
SULA VINEYARDS LTD | 94.00 | 49.73 | 4,674.1 |
TILAKNAGAR INDUSTRIES LTD | 165.66 | 27.33 | 4,527.2 |
SOM DISTILLERIES BREWERIES & WINERIES LTD | 86.49 | 30.48 | 2,636.2 |
GLOBUS SPIRITS LTD | 132.21 | 17.26 | 2,282.2 |
GM BREWERIES LTD | 151.52 | 9.37 | 1,419.4 |
ASSOCIATED ALCOHOLS & BREWERIES LTD | 48.17 | 20.55 | 990.1 |
JAGATJIT INDUSTRIES LTD | 12.42 | 70.22 | 872.1 |
Breweries & Distilleries Industry Benchmark (Top 10) PE Analysis vs UNITED SPIRITS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.37x |
Max industry PE | 157.63x |
Median industry PE | 49.73x |
Average industry PE | 54.90x |
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